Author: Karlie Moses

Feeling the Squeeze: The Rising Impact of Credit Card Debt  Credit card delinquencies have spiked to their highest level in over a decade, with the Federal Reserve reporting that 9.1% of credit card balances transitioned to delinquent in 2024. This alarming trend is largely driven by rising inflation, which has stretched household budgets to their limits, leaving many Americans without an emergency fund or affordable credit options. As a result, employees are increasingly relying...

Maximizing the Value of Employee Benefits Through Clear Communication  Employee benefits are one of the most significant investments a company makes, but all too often, they go underutilized simply because employees aren’t aware of what’s available to them or don’t fully understand the benefits offered. To bridge this gap, FinFit has developed a comprehensive resource, Empowering Employees Through Effective Communication: A Benefits Communications Best Practice Guide. This guide...

Announcing FinFit’s New Partnership with Sunny Day Fund  Financial stability has become a top priority for employees across the United States. Unfortunately, many are caught in a cycle of debt, with little to no emergency savings to cushion them during tough times. This financial instability not only affects individual workers but also has a broader impact on workplace productivity and morale. As a result, the need for robust financial wellness programs has never been more critical.  According...

The Burden of Medical Debt: How It’s Affecting Employees and What Employers Can Do  Medical debt is a growing issue, with 41% of Americans currently carrying medical debt, most owing more than $1,000. As healthcare costs continue to rise, this debt quietly takes a toll on employees, leading to increased stress, decreased productivity, and even avoidance of necessary medical care. The sources of medical debt are varied, from unexpected emergencies and high deductibles to chronic illnesses and...