Author: FinFit

Financial Needs Analysis: Surveying Employees for a Financial Wellness Program

Everybody deals with financial challenges, though each individual financial journey is unique and the challenges may look different. For employed individuals, financial stress can affect job performance as well. As personal financial problems become worse, it becomes nearly impossible to ‘leave it at home.’ Employees are distracted, productivity goes down, stress goes up and, in some cases, discipline issues and absenteeism can occur. FinFit helps boost employee productivity and increase...

Continue reading

The New American Workspace: Millennials at the Gate

The New American Workspace:Millenialsat the Gate By David KilbyMillennials are the new core workforce. Their concept of “work” is different than the traditional. They bring bold, new approaches of what work should be, how and where it should be performed, and what the rewards for work should be. Summary:Millennials are the new core workforce. Their concept of “work” is different than the traditional. They bring bold, new approaches of what work should be, how and where it should be performed,...

Continue reading

Financial Stress Affects All Employees, Regardless of Income

Financial Stress Affects All Employees, Regardless of IncomeThis probably won’t surprise you: Four in 10 US consumers reported trouble paying at least one bill or expense in the past year. This might: 18% of those with a household income above $100k said they had trouble affording an expense. Financial stress affects all employees, regardless of income level. Although a company may compensate its employees well, the rising costs of living and tuition place a seemingly endless burden on families...

Continue reading

Early Wage Access Can Be Dangerous As A Stand-Alone Benefit

Early Wage Access Can Be Dangerous As A Stand‑Alone BenefitNo matter what the moniker – early wage access, earned wage access, on-demand pay, instant pay, work-today-get-paid-tomorrow – the concept is the same. Employees have control over their cash-flow by accessing the wages they’ve earned early, prior to payday. Back in January 2020, I wrote an article discussing the pros and cons of offering an early wage access service to employees. One critical element that continues to come to...

Continue reading

The Value of Financially Literate Employees

The Value of Financially Literate EmployeesFinancial literacy is “the ability to understand and effectively use various financial skills, including personal financial management, budgeting, and investing,” according to Investopedia. This statement insinuates that an individual must not only have the knowledge, but the ability to translate that knowledge into action. Problem One: Knowledge65% of Americans believe schools should provide financial education, but only 21 states currently require...

Continue reading

Creating a More Equitable Financial Future for All

Creating a More Equitable Financial Future for AllFinancial Literacy Month, observed each April, takes on new meaning this year as millions of Americans struggle to cope with the financial impacts of the pandemic. In 2020, 40% of American consumers had trouble paying at least one bill or expense, underscoring the importance of having a solid financial education to navigate these challenging times. At FinFit, we are committed to creating a more equitable financial future for all. According to...

Continue reading

Tax Time: From E-File to X Factor

Tax Time: From E-File to X FactorAs daylight lingers a little longer each day, it can only mean one thing. Spring is coming! That, and tax season is here. We’d like to take a little of the mystery (and misery?) away from the process of tax preparation by providing you with answers to some of the most frequently asked questions, options for preparing taxes (maybe there is one you haven’t considered before), and a link to a helpful checklist so when you sit down to file, you’ll have everything...

Continue reading

2020 Holiday Gift Giving – Mix It Up!

You’re making a list. Now check it twice. It’s time to consider what’s necessary or nice.  This incredibly challenging year has created an overabundance of anxiety and stress. During a season known for its joy (and often stress!), we could all do with a little extra serving of peace and happiness. A typical culprit of holiday stress relates to gift affordability. Consumers without a holiday spending stash make up for the lack of funds with credit. Last year, Americans ended up with an average...

Continue reading

Skip the Holiday Debt Hangover this Year

By Sarah Senn Operations Manager The holiday season is quickly approaching. Holiday lights, music and shopping are just a few of the traditions that we look forward to. For many, the holidays are a time of cheer, for reflecting over the last 365 days, and for being with family and loved ones. For others, there is a looming dread of being able to afford holiday dinners and gifts. The average consumer spent $928.76 on Christmas gifts in 2019. 21.5% of those surveyed went into debt over Christmas,...

Continue reading

Compliance in the Age of COVID-19

By Bill Hall Chief Compliance Officer “The World Turned Upside Down” is both a wonderful song from the musical Hamilton and an apt description of the immense impact of the COVID-19 pandemic on business operations. One area of a business where the impact may not be quite so apparent, but where a failure can lead to serious consequences, is the compliance function. Disruption of the activities of your compliance team can mean a potentially dangerous diminishment of oversight, assessments, monitoring,...

Continue reading

© Copyright 2021. All Rights Reserved.

FinFit Loans are issued by Celtic Bank, a Utah-Chartered Industrial Bank, Member FDIC. Loans subject to credit approval. Residents of Colorado, Connecticut, Iowa, Vermont, West Virginia, Nevada and Massachusetts are not eligible for loans. Nothing in this advertisement constitutes an offer or solicitation for loan products to residents of those states. Actual time it takes for loan approval dependent upon loan verification set up with your employer.

Wage Now is fully funded and managed by an affiliate of FinFit. If any fees apply, those fees will be disclosed prior to entering into any agreements.
Residents of California, New York, North Dakota, South Dakota, Tennessee and Vermont are not eligible for WageNow. This does not constitute an offer or solicitation for WageNow to residents of those states.

FinFit’s Financial Wellness Program, which includes educational content, a financial assessment and a financial dashboard, are free to registered members.
Services offered may incur fees and/or interest. All fees will be disclosed prior to entering into any agreements.
Products listed are a representation of FinFit offerings. Actual availability may vary. The products available to you and your organization will appear on your FinFit membership dashboard. Actual loan amounts and rates offered vary based on lender, credit worthiness and other factors.

Privacy Notice (Sp) | FinFit Privacy Policy (Sp) | Licenses | *US Patriot Act | Website Terms & Conditions | Member Rewards Terms & Conditions
SC Consumer Rights & Responsibilities | NM Small Loan Consumer Brochure | NM Loan Rate & Fee Disclosure | Additional Information for NM Residents