Nontraditional Families Need Nontraditional Financial Support American families have changed dramatically over the past several decades—and so have their finances. While growing up in a nuclear family may have once been the norm, today’s children are far more likely to be raised in what researchers call “blended,” “fluid,” or “complex” family structures. As cited by […]
Originally published on Globe News Wire on July 18, 2018 With more than 60 percent of Mississippi residents experiencing stress over paying bills, SafetyNet offers increased peace of mind over financial security MADISON, Wis., June 18, 2018 (GLOBE NEWSWIRE) — SafetyNet, the insurance program that provides workers with an immediate lump-sum payment following an unexpected layoff, […]
We may have been told that money can’t buy happiness, but research shows that for most of us—at least up to a point—the two really are linked. In January 2018, the journal Nature Human Behavior published a study that that says individuals reach a point of “income satiation” when they earn between $60,000 and $75,000 […]
Recent research reveals that more and more Americans are returning to work after retiring from their primary careers. In fact, in 2016 more than 18% of Americans 65 or older were employed—the majority of them full-time. That number was up 6% from just 6 years earlier. As reported by The New York Times, some seniors […]
Originally Published in the Quad-City Times on May 3, 2018 By the end of August, The Bon-Ton’s liquidation bankruptcy will mean the closing of 15 Younkers stores in Iowa, as well as one Herbergers location. Around the United States, these will be among 12,000 retail store closings expected in 2018 — up 33 percent from […]
Young workers are worried about repaying their student debt, according to a recent survey by American Student Assistance®, a private nonprofit dedicated to eliminating finance as a barrier to education. They are highly stressed out about debt, which is impacting their productivity at work. The Young Workers and Student Debt survey polled 502 young workers […]
Originally published on WPR.org on April, 18, 2018 By Ximena Conde Winning Bid For Company’s Assets Comes From Parties Looking To Liquidate The winning bid for the assets of Bon-Ton Inc., the ailing owner of several department store chains, is from firms looking to liquidate. The bankruptcy auction for the company that owns retailers including […]
Originally published on CFSI on April 5, 2018 We’re happy to announce our new 2018 Member-Exclusive Financial Health Leader’s Podcast Series, spotlighting member companies that are measuring financial health. Listen in as we hear how Rich Fischer, Director of Innovation at Safety Net, LLC, a startup company fully owned by CUNA Mutual is using the CFSI […]
Originally Published on WisconsinInno By Katherine Davis More than half of Americans have less than $1,000 in their savings accounts, an alarming statistic that shows the reality of how many people aren’t prepared for a day when they might unexpectedly fall on financially hard times. Many Americans have access to health, home and automobile insurance, but what […]
1. Job Loss Whether you are unexpectedly laid off or fired, or you have to leave a job for personal reasons, living without a paycheck is extremely stressful. You need a stash of cash to make ends meet between jobs. 2. Hours or Salary Cut Maybe you still have a job, but your salary or […]
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