Author: Karlie Moses
The Cost of Being Subprime
In today’s financial landscape, many individuals find themselves grappling with the challenges of subprime credit. It’s a situation often brought on by various circumstances, from unexpected expenses to simply not having access to proper financial education. With subprime credit, individuals face many obstacles that can greatly impact their financial well-being. High interest rates on loans and credit cards, limited access to financing...
Bridging the Gap: How Financial Wellness Benefits Go Beyond the Paycheck for Employees
Bridging the Gap: How Financial Wellness Benefits Go Beyond the Paycheck for Employees
In the world of employee compensation, the ongoing misconception that a paycheck alone guarantees financial well-being is increasingly proven wrong by the complex realities of personal finances. While a fair salary is undoubtedly crucial, it’s merely a starting point. The truth is that employees are faced with an array of financial challenges. This is where comprehensive financial...
Embracing Financial Wellness Beyond January
Embracing Financial Wellness Beyond January
January is Financial Wellness Month, and there’s no better time to give financial health the attention it deserves. Studies continuously highlight the staggering impact of financial stress, affecting 74% of Americans, which often translates into heightened anxiety, depression, and an overall decline in mental health. These effects transcend beyond personal life, seeping into professional realms, where financially stressed employees spend an...
New FinFit SafetyNet Platform Helps Every Worker Build and Maintain Financial Health
New FinFit SafetyNet Platform Helps Every Worker Build and Maintain Financial Health
Written by FinFit on January 10th, 2024.Posted in Press Releases.
The platform that provides financial wellness solutions for every worker announces FinFit’s SafetyNet, a suite of tailored solutions for the financially coping and vulnerable workforce
VIRGINIA BEACH, January 10, 2024 / PRNewswire / — With sixty percent of Americans living paycheck-to-paycheck, today’s workers are in dire...
Setting the Tone for a Prosperous Year: Employee Financial Health
Setting the Tone for a Prosperous Year: Employee Financial Health
As we round out the year, this time can be stressful for Americans as they review their finances and aim to craft financial goals for the year ahead. Employees across the nation are embracing resolutions focused on securing their financial health and bolstering savings for a prosperous 2024. A recent report found 67% plan on making a financial resolution for the New Year, with the top goals being to save more, pay off...
Happy Holidays from FinFit!
Happy Holidays from FinFit!
Happy Holidays and warm wishes for a prosperous New Year from all of us at FinFit! May this festive season bring joy, peace, and success to you and your loved ones. As we step into the new year together, we’re excited about the opportunities ahead and continuing to support you in achieving your financial wellness goals. Cheers to a wonderful holiday season and a fantastic year ahead!
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SECURE 2.0: What to Expect in 2024
SECURE 2.0: What to Expect in 2024
Subscribe to the SECURE Podcast on Apple, Google or Spotify.
Regardless of the uncertainties of the economy, the SECURE 2.0 Act of 2022 offers new avenues for financial stability and security. This landmark legislation, an extension of the SECURE Act of 2019, introduces over a hundred provisions designed to bolster American workers’ economic well-being. In a climate where an alarming 60% of the workforce is grappling with living paycheck to...
The Immediate Need for Financial Wellness Benefits: Trends to Watch
The Immediate Need for Financial Wellness Benefits: Trends to Watch
In an employee’s mind, financial wellness is no longer a luxury—it’s a necessity. As the landscape of personal finance evolves, so do the tools and strategies designed to support financial health. Now, more than ever, is the time to explore the emerging trends and innovations in the field of financial wellness, focusing on emergency savings, personalized financial coaching, and access to affordable credit.
A study...
The Role of Employer-Sponsored Health Benefits
The Role of Employer-Sponsored Health Benefits
Subscribe to the SECURE Podcast on Apple, Google or Spotify.
In recent years, the landscape of employer-sponsored health benefits has undergone significant transformation. With rising healthcare costs and the increasing complexity of health insurance, employers are seeking innovative solutions to provide comprehensive benefits to their employees. A recent study revealed that the average deductible for Americans has...
A Data Approach to Understanding Mental Health & Financial Precarity
A Data Approach to Understanding Mental Health and Financial Precarity
Subscribe to the SECURE Podcast on Apple, Google or Spotify.
The intersection of mental health and financial precarity is a topic that has recently gained significant attention. As society grapples with the challenges of a rapidly changing economic landscape, the impact on individual mental well-being is undeniable. Studies show that approximately 46% of individuals with debt also have a mental health...