Author: FinFit

Key Findings from FinFit’s Financial Health Assessment Introduction  FinFit’s mission is to eliminate stress in the workplace and improve the financial health of employees by providing solutions that empower them to address their financial situation and guide them down the path to financial stability. FinFit’s financial wellness platform provides personalized recommendations and solutions based on each employee’s unique financial needs. FinFit conducts regular financial assessments of its member...

Financial wellness is a term used to describe the state of one’s personal financial situation.  There are many dimensions to financial wellness, including the amount of savings you have, how much you’re putting away for retirement and how much of your income you are spending on fixed or non-discretionary expenses. Financial wellness allows the individual the ability to pursue opportunities due to the stability of having a day-to-day financial system, which includes the capacity to...

A question I am often asked is: “How do I invest small amounts of money and make a LOT of money?” I always smile and say, “Wouldn’t it be nice if it were that easy?” Investing money for high-yield returns usually requires significant research, due diligence, resources and capital. Some (or all) are often outside the reach of us mere mortals. So, what should you do when you have a few extra hundred dollars or maybe even a couple of thousand dollars? I recommend that people go through a 4-tier...