Author: 2018Marketing@finfit.com
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How to support family members in financial need
In the years since the global pandemic, financial landscapes have shifted dramatically for many Americans. With over half reporting financial struggles due to escalating costs, the need for support has never been more pronounced. For those considering aiding a family member or friend through a rough patch, integrating...
5 of life’s major milestones to start preparing for
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FinFit Learn | Family, Home & Lifestyle
5 of life’s major milestones to start preparing for
Embarking on a financial planning journey might feel like navigating through a dense fog, but laying out a roadmap early is essential for achieving those pivotal life milestones we often dream about.
While everyone’s vision for their life’s journey is unique, several key milestones tend to be universal...
Establishing Employee Relief Funds Can Better Secure a Financial Future
Establishing Employee Relief Funds Can Better Secure a Financial Future
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Today, financial stability and resilience for individuals, families, and businesses is more critical than ever. A survey from the Federal Reserve shows that 32% of Americans would struggle to cover an unexpected $400 expense, highlighting the need for innovative solutions that support financial health. One such solution being discussed is the...
TrueNorth Launches Center for Financial Well-Being
TrueNorth Launches Center for Financial Well‑Being
Written by FinFit on July 18, 2023.
Posted in Press Releases.
CEDAR RAPIDS, Iowa, July 18, 2023 / PRNewswire / — TrueNorth Companies, L.C., a closely and privately held risk management and insurance brokerage firm headquartered in Cedar Rapids, Iowa, announced today the launch of its Center for Financial Well-Being, which is powered by FinFit, the most comprehensive financial wellness platform available to U.S. employers....
Building Workplace Communities Around Wellness
Building Workplace Communities Around Wellness
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In the modern business world, the importance of wellness and the focus on building a strong community within the workplace is gaining momentum. This comes as no surprise considering the shift towards remote work and flexible schedules, which while advantageous, can potentially threaten the social fabric of organizations. In fact, the US Surgeon General recently reported...
The Power of Diversity, Equity, and Inclusion and How it Impacts Financial Well-being
The Power of Diversity, Equity, and Inclusion and How it Impacts Financial Well-being
In today’s economic landscape, working Americans face an alarming financial crisis. While this crisis affects individuals from all walks of life, it disproportionately impacts individuals in specific DEI groups including BIPOC, women, as well as those of disability and LGBTQIA+ status. With these DEI groups facing specific financial challenges, there is a call to employers to create a path toward...
Employee Ownership for Financial Health
Employee Ownership for Financial Health
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Stocks are one of the most commonly used investment options, with 58 percent of Americans reporting they owned some form of stocks in 2022, according to Gallup. But what about owning stock in the company you work for, or employee stock ownership plans (ESOPs)? There are just under 14 million participants in the U.S., which amounts to around 4 percent of the U.S....
Determinants for Health and Purpose
Determinants for Health and Purpose
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As our understanding of human behavior and motivation deepens, businesses are starting to realize the importance of providing holistic support to their employees. Mental health is becoming a major point of conversation in our society with a number of events and individuals bringing it to the forefront. The recent pandemic and subsequent inflation, the focus on mental health...
Employees are Losing More than Sleep over their Personal Finances
Employees are Losing More than Sleep over their Personal Finances
May is Mental Health Awareness Month, a time to foster understanding and support for mental health issues. While mental health is influenced by various factors, one area that often is overlooked is the impact of personal finances.
According to a recent Bankrate survey, more than half of Americans believe finances have had a negative effect on their mental health, up significantly from 42% last year. With inflation...
Unpacking Wellbeing in the Workplace
Unpacking Wellbeing in the Workplace
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Wellbeing is a vague term that is thrown out often, but why is it important? The CDC states that greater wellbeing levels are associated with “decreased risk of disease, illness, and injury; better immune functioning; speedier recovery; and increased longevity” and that greater wellbeing levels are associated with improved work productivity.
So, given the inherent perks high...