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SafetyNet Encourages America to Save in 2018

If you have less than $500 in your savings account, you are not alone. According to one Bankrate survey, 63% of respondents do not have $500 in savings to pay for an unexpected expense such as a sudden car repair or medical bill. While having low savings is common among Americans, you may be surprised […]

Young man concerned about student loan debt
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Options for Paying Student Loans Between Jobs

If you make hefty student loan payments each month, you’re not alone. The average monthly student loan payment for borrowers in their 20s is $351—more than $4,200 per year. That’s a lot of fancy computers, tropical vacations, and down payments sacrificed. The good news is that higher education is almost sure to boost your lifetime […]

Young couple plans trip: 6 Tips for traveling on a budget
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Traveling on a Budget: 6 Tips for Cheap Trips

If you’ve come across extra funds thanks to hard-earned savings, a tax refund, an end-of-year bonus, or a particularly generous gift, spending your money on experiences instead of objects is one of the best choices you can make—assuming, of course, you are out of debt and on schedule with your emergency savings and other financial […]

Money in a jar for health savings
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Health Savings Accounts: 7 Things to Know About HSA’s

Health Savings Accounts (HSAs) are a means of helping Americans save for future healthcare and medical expenses. The incentive for doing so is the money you save on costs you will have to pay anyway. First created in 2003, an estimated $42.7 billion is held in over 21 million HSA accounts less than 15 years later. If […]

Life with a SafetyNet and without a SafetyNet
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Life with a SafetyNet (and without)

Check out our infographic featuring two stories of Dave, who unexpectedly got laid off from his job. As you can see, life with a SafetyNet is a lot easier. Do you have a financial safety net in place? PSIC-P1.0-B2-013018

Man suffering from heart attack: Impact of layoffs on your health
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The Impact of Layoffs on Health: Going from Insult to Injury

Heart attacks, stroke, hypertension, arthritis. These are just a few of the chronic or fatal illnesses people are more likely to experience in the months or even years after being laid off. While it doesn’t take a scientist to know that finding oneself out of a job is a terrible feeling—even traumatic—new research quantifies that […]

Man smiling and making a good first impression at work
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The 6 P’s to Making a Good First Impression at Work

Last year, SafetyNet™ looked at the ways employees can help new bosses move into their leadership roles with the least amount of disruption to the themselves and the team. It’s one thing to help another colleague fit in. It’s another when you’re the one learning the ropes. While the dynamics that accompany new employees aren’t […]

Financial New Year’s Resolutions You Should Make for 2018

Originally published Jan. 17, 2018 on Credit.com By Trae Bodge Every year, we make New Year’s’ resolutions with the best of intentions. But, according to a 2017 poll by Statistic Brain, only 9.2% of us feel like we are successful in keeping them. We explore the most popular resolutions and provide expert advice for how to […]

Kids' allowance: Girl putting money into a piggy bank
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Making Kids’ Allowance Count: The Key to Teaching Financial Literacy

Not surprisingly, opinions about how, why and when to give kids an allowance vary widely. Many articles, particularly those on sites devoted to personal finance, tout the benefits to helping kids gain an early grasp of financial literacy. When done right, they argue, teaching kids to manage their own money, to earn, spend and save […]

Woman puts coin in piggy bank: How to Change Bad Financial Habits
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From Small Change to Big Bucks: Resolve to Fix Your Bad Financial Habits

There are lots of ways to save money. Most, if not all of them, require some degree of steadfastness and discipline. You can resolve, for example, to hold off buying yourself any new clothing or housewares for a set period of time. You could pledge to never buying coffee or water out or tossing all […]