Author: Karlie Moses

5 Common credit and debt mistakes (and how to avoid them)

Written by Karlie Moses on December 30, 2024. Posted in Credit & Borrowing.

Learn Login to MyFinFit FinFit Learn | Credit & Borrowing 5 Common credit and debt mistakes (and how to avoid them) Having easy access to credit can be a lifesaver, but managing it wisely is key to staying financially healthy. Borrowing money isn’t inherently bad—credit cards can help with cash flow, and mortgages make homeownership possible for most people. However, mismanaging credit can lead to long-term financial issues. Here are five common...

Why Financial Wellness is the Ultimate Employee Benefit for 2025

Written by Karlie Moses on December 16, 2024. Posted in Blog.

Why Financial Wellness is the Ultimate Employee Benefit for 2025 As we enter 2025, financial wellness is emerging as a cornerstone of successful employee benefits strategies. With nearly 57% of employees citing financial stress as their number one challenge, employers are increasingly recognizing the link between financial health and workplace productivity. Adding financial wellness benefits to your package is no longer a “nice-to-have” but a necessity for attracting and retaining top...

How to start investing in stocks: a beginner’s guide

Written by Karlie Moses on December 2, 2024. Posted in Saving, Investing & Retirement.

Learn Login to MyFinFit FinFit Learn | Saving, Investing & Retirement How to start investing in stocks: a beginner’s guide Investing is a way to grow your money while letting it work for you. Legendary investor Warren Buffett describes investing as “the process of laying out money now to receive more money in the future.” Essentially, investing is about setting aside funds today with the goal of increasing their value over...

What owning a stock actually means

Written by Karlie Moses on December 2, 2024. Posted in Saving, Investing & Retirement.

Learn Login to MyFinFit FinFit Learn | Saving, Investing & Retirement What owning a stock actually means Most people understand that owning stock means owning a small part of a company. However, many new investors have misconceptions about the benefits and responsibilities that come with being a shareholder. A lot of these misunderstandings stem from not fully grasping the limited ownership that each share represents. For big companies like...

9 money moves you should make ahead of the new year

Written by Karlie Moses on December 2, 2024. Posted in Spending & Budgeting.

Learn Login to MyFinFit FinFit Learn | Spending & Budgeting 9 money moves you should make ahead of the new year As a year of high inflation and financial challenges comes to a close, now is the perfect time to refocus on your financial goals and prepare for the year ahead. But where should you begin? Here are nine essential steps to get you started. Set your financial goals Create a plan based on what matters most to you. Start by...

Simple steps for setting financial goals in the New Year

Written by Karlie Moses on December 2, 2024. Posted in Family, Home & Lifestyle.

Learn Login to MyFinFit FinFit Learn | Family, Home & Lifestyle Simple steps for setting financial goals in the New Year As we approach the new year, setting financial goals can be a powerful way to start fresh and work toward a more secure financial future. Financial goals give you a clear direction, help keep you motivated and create a sense of accountability to manage money wisely. Here’s a quick guide to why setting financial goals is...

How will you buy your next car? Cash, lease, or financing?

Written by Karlie Moses on December 2, 2024. Posted in Family, Home & Lifestyle.

Learn Login to MyFinFit FinFit Learn | Family, Home & Lifestyle How will you buy your next car? Cash,lease, or financing? Are you thinking about getting a new car or upgrading to something more reliable? Before you dive in, it’s essential to understand your financing options. There are different ways to buy a car, each with its own set of pros and cons. Let’s break them down. Cash Purchase Pros: Ownership from day one: Paying cash means you own...

APRs: jargon myth busting

Written by Karlie Moses on December 2, 2024. Posted in Credit & Borrowing.

Learn Login to MyFinFit FinFit Learn | Credit & Borrowing APRs: jargon myth busting When you think about banks and borrowing money, many of us automatically picture a maze of financial jargon. Not understanding these terms when you need to borrow can really cost you. So, what does it all mean? What is APR? APR, or Annual Percentage Rate, represents the yearly cost of your loan as a percentage, including interest and standard fees. For example,...

Help Employees Navigate the High-Cost Season with FinFit’s Holiday Survival Guide

Written by Karlie Moses on November 25, 2024. Posted in Blog.

Help Employees Navigate the High-Cost Season with FinFit’s Holiday Survival Guide The holiday season is a time for joy and celebration, but it can also bring significant financial stress for many. Between buying gifts, traveling, and hosting festive gatherings, Americans are expected to spend an average of $1,778 during this period. It’s no wonder so many turn to credit or incur debt to cover these expenses, with about 37% taking two months or more to recover financially. Even if...

The Financial Toll of Balancing Work and Caregiving

Written by Karlie Moses on November 4, 2024. Posted in Blog.

The Financial Toll of Balancing Work and Caregiving Many employees face a growing and often overwhelming challenge: caregiving for loved ones. Whether they’re looking after aging parents or supporting family members with disabilities, caregiving can take a serious toll on a person’s financial, emotional, and physical wellbeing. With over 100 million Americans serving as caregivers, the struggle to balance caregiving with a full-time job can lead to significant financial stress, reduced...