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71% Of Workers Experienced Financial-Driven Anxiety This Year

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In fact, 75% of respondents said that the current market has hindered their retirement savings, leading 28% to dip into these accounts for some expenses. As a result of financial woes, 71% say they are experiencing anxiety while 54% say their mental health decline is hindering their ability to focus at work.

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The 6 Biggest Financial Mistakes to Avoid in Your 30s

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That keeping up with the Joneses can lead to expenses surpassing income—and the debt that comes with it. have maxed out their credit cards to cover expenses due to inflation. It’s about understanding the expenses that bring your family joy and spending money on [items] that are of a higher value to your family,” he observes.

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5 Long-Term Financial Goals and How to Achieve Them

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Your long-term goals are an important aspect of your financial health. Opening a college savings fund for your child when they’re young can help you save for their future college expenses. In addition to your own contributions, many children receive cash gifts for birthdays or holiday presents over the years.

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Paying Candidates for Interviews: What Should Be Covered and Why?

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But as all eyes are on mental health and wellness improvements in the workplace , employers are facing a new ethical dilemma: Should they pay candidates who interview? William Stonehouse III, president and co-founder of Crawford Thomas Recruiting, has an eye on the trend of paying for interviewing expenses. A babysitter.

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Tax Planning for Freelancers: 5 Strategic Moves To Make Now To Avoid Tax Pain Next Year

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Firstly, it is the simplest and least expensive form of business to set up and maintain. Sole proprietors report their business income and expenses on their personal tax returns, simplifying the tax filing process, and there are fewer ongoing compliance obligations compared to other business structures. To qualify for FEIE as a U.S.

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If Sending Christmas Cards Feels Like a Chore, Here’s How to Politely Opt Out

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With a major life transition like illness, loss or divorce, the stable, curated image we might strive to present in a holiday card has been shattered, says Juliet Kuehnle, a North Carolina-licensed clinical mental health counselor and the author of Who You Callin’ Crazy? The Journey From Stigma to Therapy.

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Lessons From Past Recessions

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Having a plan in place can also help you find some silver linings and free your mind to see some of the opportunities a downturn can present. What are my basic monthly living expenses (including food, shelter, health insurance, utilities, phone, transportation and childcare)? Beef up your emergency fund.