A recent study released last week found despite the number of financial apps millennials are using, their personal finance management skills are severely lacking. The report, released by the TIAA Institute and the Global Financial Literacy Excellence Center (GFLEC) at the George Washington University School of Business, examined the personal finance knowledge of millennials. Titled “Millennial Financial…
Today’s workplace is a historic mash-up, as it’s the first time we’ve had five generations in the workplace at the same time. Of course, it’s true that the oldest cohort, the “traditionalists,” are aging out, but most generation watchers include them since their influence can still be felt in many workplace structures that continue today.…
For most HR managers today, attracting and retaining employees is at the top of their list of challenges, given the current job market. So once you’ve gone through the hard work of interviewing and hiring, you want to make sure that the employee is as pleased to be working for your company as you are…
While December is typically considered the traditional “budget-busting month,” September, with the back-to-school season, is close behind. In fact, the back-to-school shopping season is the second largest shopping event of the year, with 29 million households expected to shell out $27.6 billion in 2018, according to Deloitte. But any parent with school-aged children will tell…
Trust falls. Ropes courses. Bowling or mini golf. Many offices plan a summer team-building activity designed for camaraderie, but forced group fun can cause anxiety in many. Maybe your office mates don’t know each other particularly well, or there are people of so many ages and ability levels that anything too physical can be a…
Like many others in their 20s, I remember not being thrilled about the chunk of income that was taken every month by insurance. It always seemed like money that was going out and would never come back in and felt especially significant at a time when my income was low. The temptation was always to…
Have you checked your credit score lately? Nearly half of Americans haven’t looked in the past six months, and one in seven respondents to a recent survey never have. It could be costing you. For example, you might not be getting the best rates available on everything from cell phone service to car insurance to…
The first week of April is National Young Adult Cancer Awareness Week. This is a good time to review your company’s policies toward accommodating both young and older employees alike who are being treated for cancer. There is a high probability that someone in your organization will receive a cancer diagnosis this year. According to…
For the first time, there are now five generations in the American workforce. There is the Silent Generation (aged 73-90), the Baby Boomers (aged 54-72), Generation X (aged 38-53), Millennials (aged 22-37), and the under-20 year olds who are still being named (although some are calling them Generation Z). This mix of ages is bringing a set of…
Planning for a family can be an exciting and daunting step, when you think of all the changes having a baby leads to. There’s the rewarding feeling of creating a bond with a tiny little human, even when you’re too tired to see straight. And then there’s the financial drain that comes with an extra…
