How many working Americans have private disability insurance coverage? This is a crucially important question for us at The Council for Disability Awareness. We would like to see all working Americans have some form of private disability coverage to protect their income when they’re out of work for an extended period of time because of…
Disability insurance — also known as income protection coverage — is one of the most important and overlooked pillars of financial planning. Think about it. The average person is so dependent on their ability to earn a living, they couldn’t continue their lifestyle if they missed even a single paycheck. The Federal Reserve asked adults…
Disability insurance provides critical financial protection to American workers. Yet it’s a highly misunderstood form of insurance. You probably have health insurance, home or renter’s insurance, and car insurance. But what about your need for income protection insurance? Disability insurance pays you a portion of your income when an injury or illness takes you out…
If you’re trying to pay off a hefty medical bill, you are not alone. Medical bills are a leading cause of debt in the U.S. Many working Americans don’t have enough savings in place, yet they are facing high deductibles and out-of-pocket expenses. A report published in 2017 by the Consumer Financial Protection Bureau showed that medical bills were the…
Let’s face it, as a business owner, you’ve got enough to worry about. According to a recent survey by Paychex, 42 percent of professionals experience moderate stress levels on a regular basis — and money and work are key contributors to that stress. The Bank of America Business Advantage Small Business Owner Report in 2017…
How much time do people spend worrying about money at work? And how it this impacting their ability to do their job? If you look at the data emerging from recent studies, you’ll see that finances have become a leading cause of stress in the workplace. PricewaterhouseCooper’s 2017 Employee Financial Wellness Survey found that roughly half of…
Becoming a parent is an extraordinary and, at times, stressful endeavor. Your life is about to fundamentally change. And as you plan the myriad dimensions of this new reality, you may be wondering how you’ll cover all the bills while you take time off work. Family leave is a complex issue and it requires a…
Many people are struggling to gain control of their finances. According to a LendingTree report in 2017, four in five Americans are in the red—and a quarter of those in debt do not have a plan to pay it off. By building a budget, you can gain clarity into your financial situation. This is a…
Winter is in full-swing, which has many people excited to either hit the slopes or hunker down for the next few months. While the dead of winter is a great time for reflection, it can also lead to burnout for even the most productive employees. Between the cold weather, seasonal affective disorder (SAD) and short…
No one plans to have cancer. Aside from the shock and anxiety for the future a diagnosis brings, cancer also presents a financial situation that few people fully consider. Huge medical bills, on top of the typical expenses like college loans, mortgages, and car payments, can leave survivors concerned about their finances. Despite this, there…
