Author: Karlie Moses
How Emergency Savings Accounts Can Boost Employee Wellbeing and Your Bottom Line
Financial stress is a top challenge for employees and businesses alike. With 74% of workers living paycheck to paycheck and financial stress costing U.S. businesses $500 billion annually, the need for effective financial wellness solutions is clear.
Emergency Savings Accounts (ESAs) are more than just a financial buffer, they are a critical component of a healthy financial life. Bankrate reports 59 % of U.S....
Quest Case Study
Transforming Employee Wellbeing: Quest Diagnostics’ Approach to Financial Wellness
At FinFit, we are proud to spotlight our impactful partnership with Quest Diagnostics, a global leader in diagnostic information services. Together, we have taken a significant step toward addressing the financial stress plaguing healthcare professionals—a workforce critical to our communities’ wellbeing.
Healthcare workers face unique financial challenges, with 68% reporting stress related to personal...
Financial Wellness at a Glance – What Employees Really Want
Financial Wellness at a Glance – What Employees Really Want
Financial stress is at an all-time high, and employees are looking for real solutions—not just traditional perks. 74% of workers live paycheck to paycheck, and more than ever, they’re prioritizing financial wellness benefits like emergency savings, budgeting tools, and debt assistance over gym memberships or office perks.
Yet, while 77% of employees say financial wellness is an important benefit, only 28% of employers offer...
Turning Employee Financial Stress into Long-Term Success
Turning Employee Financial Stress into Long-Term Success
Financial stress is a silent productivity killer in the workplace, often going unnoticed until it significantly impacts employee performance. Many employees may feel embarrassed to discuss their financial difficulties or may not realize how deeply their personal finances affect their work life. According to a study by Bank of America, 62% of employees cite financial concerns as a major source of stress, negatively impacting their...
Don’t put all your investment eggs in the same basket
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FinFit Learn | Saving, Investing & Retirement
Don’t put all your investment eggs in the same basket
Diversifying your investments means spreading your money across different types of investments to reduce risk. These different types are often called asset classes. Here’s a breakdown of common asset classes to help you understand your options.
Reminder! This is general information—not financial advice. For...
Money challenges to jumpstart your financial goals
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FinFit Learn | Spending & Budgeting
Money challenges to jumpstart your financial goals
With rising living costs, many households are feeling the squeeze, making it harder to tackle financial goals or even figure out where to start. If you’re looking for motivation, these money challenges, broken into actionable steps, can help you take control of your finances. Choose the goal that aligns with your priorities...
How to be confident and capable with your money – at any age!
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FinFit Learn | Spending & Budgeting
How to be confident and capable with your money – at any age!
Building financial confidence isn’t about how much money you have, it’s about understanding your finances and making informed decisions at every stage of life. Here’s how to feel empowered and capable when managing your money, no matter your age or income.
Know where you stand
Start with the basics:
...
Everything you need to know about the executor of a will
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FinFit Learn | Family, Home & Lifestyle
Everything you need to know about the executor of a will
What does an executor do?
An executor is the person you name in your will to ensure your wishes are carried out after your death. Their responsibilities include:
Locating assets: Identifying and managing all assets, including bank accounts, property, and physical belongings
Contacting beneficiaries: Ensuring...
How to get a will for free
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FinFit Learn | Family, Home & Lifestyle
How to get a will for free
Creating a will may not be the most uplifting task, but it’s one of the most important ways to protect your loved ones and ensure your wishes are carried out after you’re gone. Unfortunately, research shows that over half of Americans don’t have a will, including many parents. While wills can sometimes come with a cost, there are ways to get one...
What is life insurance?
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FinFit Learn | Family, Home & Lifestyle
What is life insurance?
Life insurance is a policy that provides a payout, either as a lump sum or regular payments, if you pass away. The purpose of life insurance is to offer peace of mind by ensuring your dependents are financially supported if something happens to you.
When exploring your options, it’s wise to seek advice from an independent financial advisor to make...