You want to take more control over your money. We have the top financial wellness tips. These personal finance tips can help you reach all your money goals.
The 2×2 System is where you set aside two hours on the calendar two times a month to complete a predetermined financial task. This modest but consistent effort can help you sustain financial health and build wealth in bite-sized chunks. Read more.
Inflation has increased the price of food, housing, and healthcare. Even those making six figures are living paycheck-to-paycheck. In a recent study, 80% of U.S. employees reported at least “some level of financial stress,” with 27% experiencing “high or overwhelming” stress.* As an agency owner, addressing employee financial stress can improve your team’s lives and dramatically impact your firm’s growth.
Inflation has hit all our wallets. The price of food, gas, and housing have risen significantly. And while the inflation rate has recently dropped slightly, we’ve all taken steps to make our money go further, including cutting many of life’s luxuries. From canceling streaming services to cutting out coffee from our favorite coffee house to not going out to eat, all are great ways to make your monthly budget stay in the plus column. Read more.
Inflation has fallen dramatically over the past two years. While the current rate of 3.3% at the time of this writing is higher than the Fed’s goal of 2.0%, it’s a far cry from the 7% of December 2021.* While the recent drop is good news for many, with high gas prices and the continued climb of housing costs (up 5.4% over the previous year) and medical care, it’s little wonder many people are feeling stressed about their finances.** Research has found that 80% of workers report feeling financially stressed. With 27% experiencing “high or overwhelming” stress. Read more.
According to the Federal Reserve Bank of New York, total household debt rose by $184 billion to hit more than $17 trillion in the first quarter of 2024. Balances on auto loans increased $9 billion to $1.62 trillion. And while credit card balances fell in the first quarter, which is common after the end-of-year holidays, nearly 9% of credit card balances moved into delinquency.*
As troubling as these figures are, what most of us care about is our level of debt and how to bring it under control. Managing how much interest you’re paying plays a significant role in lowering your household debt. Read more.
Summer vacations are a great way to create priceless memories and experience new places you’ll remember forever. From Europe to Fiji to resorts and campgrounds, everyone vacations differently. And the best part? You don’t have to go halfway around the world to have a great time. If you are still wondering if there’s room in your budget for travel, you can have a fantastic vacation for less if you do a bit of research and take advantage of offers and deals. Read more.
The 2×2 System is where you set aside two hours on the calendar two times a month to complete a predetermined financial task. This modest but consistent effort can help you sustain financial health and build wealth in bite-sized chunks. Read more.
The news recently has been filled with stories about student loan relief. Last month, the government proposed a plan to erase or lower student loan debt for more than 30 million people. And with the average student loan debt of $38,290 among all borrowers and a total loan debt in America of a record high of $1.74 trillion, any relief will significantly impact individuals across the country.* Read more.
The 2×2 System is where you set aside two hours on the calendar two times a month to complete a predetermined financial task. This modest but consistent effort can help you sustain financial health and build wealth in bite-sized chunks. Read more now.
Spring is finally here. Even the groundhog, Punxsutawney Phil, predicted an early spring this year. Use the start of this season of new hope and possibilities to refresh your thinking and review your withholding information when you do your taxes.
