A 401(k) plan is designed with retirement in mind. For younger employees, hearing the word “retirement” can seem like a lifetime away, but the cliché is true – it will be here before you know it. Taking advantage of a 401(k) is a great way to plan for your retirement and if you’re not familiar […]
Financial wellness
Posted inWellness
Guide to homeownership: Tips for buying, refinancing and using home equity
Buying a home is a goal for many people and may be one of the most important financial decisions or investments you make in a lifetime. If you’re thinking of buying your first home, or a new home, here are a few tips to consider: Start a conversation with a trusted mortgage lender early. Many […]
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Master your money: Financial wellness can take the form of managing credit
MANSFIELD — Achieving financial wellness often starts with understanding the key components of your financial health, including debt and credit management. Credit impacts many aspects of life — from getting approved for loans to securing a job or purchasing insurance. By taking steps to monitor your credit report, build a strong credit score and manage […]
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Financial Wellness: Creating savings habits to support ‘future you’
The good news is if you created a monthly budget already (or are working on one), you’re taking the first step to financial wellness. Next, you’ll want to turn your attention to saving. According to Forbes, “28% of Americans have savings below $1,000.” This number doesn’t discriminate across generations either as “this is the case […]
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Special podcast: Financial wellness and New Year’s goals with Teana Sykes
MANSFIELD — Wellness can take many forms, from physical and mental to emotional and relational. But what about financial? There’s no one definition of financial well-being — it can be defined as financial security and freedom of choice or the ability to meet one’s needs and manage money in the short and long term. Some experts […]
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Financial wellness: Budgeting & saving tips
When beginning an exercise program, you might consult with a doctor first because everyone’s health is unique. A financial wellness plan can have a similar approach. The tips that follow this month are general in nature – because the best advice is to have a trusted financial professional you can talk with about your specific […]