We are in the Wild West phase of financial wellness. No one area of financial wellness is emphasized by a majority of employers. For employers tackling financial wellness in these early stages, here’s my advice for cutting through the confusion.
Going into debt to further your education can be worth it – up to a point. But please do not assume that it is always the case. As with many other financial questions, whether student loan debt is “worth it” depends on the specifics, so you will need to crunch the numbers for your particular situation.
It’s time to pause, take a step back, and reset your feelings and expectations when it comes to dealing with your money. This fundamental shift within you is what will make other important changes possible.
When you’re fresh out of college and worrying about how to land your first job, it’s not easy to think about savings for emergencies, the future, and retirement. But believe it or not, you can take some simple steps right now that will jump start you on the path to financial security in your thirties. Invest some time and effort now and your future self will thank you, big time.
I’m a strong proponent of fee-only financial planners. Here’s why.
SUM180’s client-centered adaptability and agility is key to delivering financial wellness programs that engage and empower behavioral change for your employees. We listen so we can meet you – and your employees – where you are. Our goal is for each of your employees to respond to your SUM180 program with, “This feels right for me. I can do this!”