Author: Karlie Moses
Maximizing the Value of Employee Benefits Through Clear Communication
Employee benefits are one of the most significant investments a company makes, but all too often, they go underutilized simply because employees aren’t aware of what’s available to them or don’t fully understand the benefits offered. To bridge this gap, FinFit has developed a comprehensive resource, Empowering Employees Through Effective Communication: A Benefits Communications Best Practice Guide. This guide...
Announcing FinFit’s New Partnership with Sunny Day Fund
Announcing FinFit’s New Partnership with Sunny Day Fund
Financial stability has become a top priority for employees across the United States. Unfortunately, many are caught in a cycle of debt, with little to no emergency savings to cushion them during tough times. This financial instability not only affects individual workers but also has a broader impact on workplace productivity and morale. As a result, the need for robust financial wellness programs has never been more critical.
According...
FinFit Partners with Sunny Day Fund to Add Emergency Savings Accounts to Its Financial Wellness Platform
FinFit Partners with Sunny Day Fund to Add Emergency Savings Accounts to Its Financial Wellness Platform
Written by FinFit on September 17th, 2024.Posted in Press Releases.
FinFit selects Sunny Day Fund to power emergency savings funds, which half of U.S. workers say is a top financial priority
VIRGINIA BEACH, September 17th, 2024 / PR Newswire / — FinFit, the most comprehensive financial wellness platform available to US employers, has partnered with Sunny Day Fund to make...
The Burden of Medical Debt: How It’s Affecting Employees and What Employers Can Do
The Burden of Medical Debt: How It’s Affecting Employees and What Employers Can Do
Medical debt is a growing issue, with 41% of Americans currently carrying medical debt, most owing more than $1,000. As healthcare costs continue to rise, this debt quietly takes a toll on employees, leading to increased stress, decreased productivity, and even avoidance of necessary medical care. The sources of medical debt are varied, from unexpected emergencies and high deductibles to chronic illnesses and...
Member Stories: Meet Demario S
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FinFit Learn | Inside My Wallet: Member Stories
Member Stories: Meet Demario S
Meet Demario, with FinFit’s assistance, Demario has significantly reduced his financial stress, enhancing his work life by not needing to resort to high-interest loans or overusing credit cards. Watch the full video to hear more about his transformative experience and the impact FinFit can have on your employee’s financial health!
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Member Stories: Meet Rob C
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FinFit Learn | Inside My Wallet: Member Stories
Member Stories: Meet Rob C
Meet Rob, a dedicated FinFit member who found peace of mind and financial stability through FinFit’s platform. By minimizing his financial stress, Rob was able to prioritize what truly matters—his education, family, and personal goals. With FinFit’s helpful newsletters guiding him along the way, Rob not only grew his savings but doubled the money...
Are you an emotional spender?
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FinFit Learn | Spending & Budgeting
Are you an emotional spender?
What is emotional spending?
Emotional spending is when the way we feel dictates our spending. It’s usually when we buy things as a ‘pick me up’, to help us feel better whenever we’re feeling low or as a reward for when we’ve worked hard.
It doesn’t help that we are constantly bombarded with social media ads telling us that buying something new will solve...
What to do if you’re a victim of fraud or scams
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FinFit Learn | Family, Home & Lifestyle
What to do if you’re a victim of fraud or scams
Online scams are becoming more and more common – in 2023 alone, identify fraud cost Americans $43 Billion, most of these scams began online.
Scams are a crime – using fraud and manipulation to get you to part with your money or personal information. Criminals are experts at impersonating people, organizations and the police. They...
Buy Now, Pay Later – Friend or foe?
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FinFit Learn | Credit & Borrowing
Buy Now, Pay Later – Friend or foe?
Whether you buy things in a physical shop or online, chances are you’ve been offered the ability to spread the payment of the purchase by way of smaller payments over several weeks or months. This is known as Buy Now, Pay Later, or BNPL for short.
Making it easier to spend?
With BNPL a third-party financing company is effectively loaning you money to...
Credit cards: the pros and cons
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FinFit Learn | Credit & Borrowing
Credit cards: the pros and cons
If you’re considering taking out a credit card, but you’re not sure if it’s the right option, this blog may be able to help you understand what benefits they can provide – but also what downsides there are to be aware of.
How can I use a credit card to my benefit?
Some of the advantages of a credit card are:
Spreading purchases out: If you need to make...