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Offering Financial Literacy Benefit Programs Could Save Businesses $40 Billion

Allwork

High financial stress among employees, including those with high incomes, can lead to mental and physical health impacts, which cost businesses in lost productivity. The implications of such financial distress are profound, costing U.S. businesses approximately $40 billion in lost productivity in 2022 alone.

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The 6 Biggest Financial Mistakes to Avoid in Your 30s

Success

It could be down payment money for a home, putting [funds] toward a young child’s education or investing in retirement. She advises her clients to have a full picture of the total cost involved in owning a home, which includes a down payment, mortgage, homeowners insurance, property taxes and ongoing maintenance and repairs.

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Have a Strategic Plan So You Can Cash Out On Your Terms

Success

If you’ve been working on upskilling and taking advantage of employer-offered education, now might be a great time to find a better job with a higher salary, thanks to the Great Resignation. If you’ve never really liked the idea of full retirement, consider what you’d be interested in doing as a second-act career. Final thoughts.

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7 Places to Volunteer and Give Back to the Community

Success

Giving back to your community or causes near to your heart creates a meaningful sense of purpose and can even improve your physical and mental health. Spend time volunteering in nature Public funding only covers a fraction of the cost required to support and maintain state and national parks. territories.

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Tips and Resources to Scale Your Small Business

Success

“Every business has different startup costs, but they all have one thing in common: having a financial cushion,” says Bob Marshall, the business growth and strategy executive for the Small Business Development Group at Wells Fargo Bank. You need to know what your costs will be and whether your business is scalable.”

Finance 274
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SUCCESS’ 2024 Women of Influence

Success

When she was a junior in high school, Arrington founded the nonprofit ScholarCHIPS, an organization that provides college scholarships, mentoring, mental health support and a peer support network to children of incarcerated parents. Bathurst Walk-in Clinic and Family Practice Atwal is a trailblazer in the health care industry.

2024 249
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Travel Blogger Karen Akpan Shares How She Journeyed From Debt to Economic Freedom

Success

With books, blogs and YouTube (or as Akpan calls it, “YouTube University”), she began educating herself on financial literacy and how to budget. They made all the improvements for the home, but by the time everything was said and done—between closing costs and renovation payments—they made less than $20,000. “I We’re done. That’s it.”.

Travel 306