Addressing the employee financial literacy gap. Here’s how a lack of financial literacy can affect your employees and what you can do to help solve the problem. Only one-third of Americans have a solid understanding of interest rates, mortgage rates, [...]
Retirement concerns: is financial literacy the solution? Those workers that do have a 401k aren’t saving enough to cover expenses in retirement, even when employers match contributions. Retirement is a far-off goal most Americans don’t even think about while they’re [...]
What is financial literacy and why is it important? It’s knowledge employees need to reduce financial stress and financial wellness programs can help them improve it. Over 40 percent of employees are too worried about their financial situation today to [...]
Financial wellness has generated a lot of buzz recently and with millions of dollars pouring into FinTech development it’s time to take the first look at the future of financial wellness through the lens of a recent Senate hearing. On [...]
Your employees need help! When asked to grade their financial literacy on a recent Equifax consumer survey 33% of consumers 18-29 gave themselves a ‘C.’ Ninety percent agreed there was a need for more personal finance education. The results of [...]
Financial Literacy Can Reduce Overall Financial Stress and Increase Financial Wellness, Survey Says Nearly 90 percent of Americans believe financial literacy courses should be a high school graduate requirement. An annual consumer survey highlights growing concerns about financial stress. The [...]
Employee student loan debt: 10 things you need to know, part two. The student loan debt crisis isn’t going away. This is what employers need to know about it. This article is the second part of a series on 10 [...]
Employee student loan debt: 10 things you need to know, part one. What employers need to know about how student loan debt affects their employees. The U.S. has a student loan debt crisis. And employers are paying the price. Over [...]
