Tag Archives: financial education
The Importance of Financial Literacy
Studies by the Global Center for Financial Literacy define the term as “a set of basic concepts that sit at the heart of financial decisionmaking, which include: numeracy and an understanding of interest rates and interest compounding; an understanding of [Read more...]
Employee financial wellness reversed trend in 2012
Employees’ financial wellness took a hit in 2012, according to Financial Finesse’s Year in Review. Only 68 percent of employees reported having a handle on their cash flow in 2012 compared to 72 percent in 2011…
A Plan Sponsor’s Financial Wellness Program Success
Employees and employers are increasingly focusing on total financial wellness and not just retirement planning education…
Troubling Signs for Poor Workers
Opinions vary on the extent to which dipping into 401(k) retirement funds is dangerous and ill-advised, but one thing seems certain, according to experts and studies: A growing number of employees are doing just that — robbing from their retirements [Read more...]
The Entitlement Crisis is Coming Sooner Than We Thought: Are You Ready?
You’ve probably heard about the poll that more young people believe in UFOs than the likelihood of Social Security existing when they retire. It’s true that Social Security is projected to essentially go bankrupt…
For Financial Stress Ills, Try the Education Cure
Some 60 percent of illness is caused by financial stress, according to a Financial Finesse Inc compilation of 200 studies on the correlation between money and healthcare costs…
Trends in Employee Financial Issues: Year in Review 2011
Despite continued economic uncertainty, stock market volatility, and the recent downgrade of the U.S. credit rating, employees are still positioning themselves for their personal financial recovery and it is showing as financial stress levels continue to trend downward. Employees continued [Read more...]
Financial Health Straining Physical Well-Being
A new report finds the No. 1 stressor for workers is money, but experts say HR is well-positioned to both allay workers’ worries and bring down healthcare costs for the organization…
The Investment That Wall Street Doesn’t Want You to Know About
I was recently asked about where someone could earn a little interest on savings for a down payment on a home in a few years. If you’ve tried to put aside money for a short-term goal like this, I’m sure [Read more...]
Employees More Aware of Financial Future Responsibility
A 2011 Q3 survey by Financial Finesse finds U.S. employees are more aware their financial futures are in their own hands, with less help from government and employer-sponsored benefits.
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