How to be prepared when financial disaster strikes.

, ,

Help, I’ve Been Laid Off! What to Do Right Now if You’ve Just Lost Your Job

Cool it. Take a breath. Count to 10. Don’t storm out. You’re going to need to think and act—fast—about some important things including health insurance, unemployment benefits, severance pay and references. If you can, take a brisk walk or do jumping jacks in the bathroom. Call a friend. Sit at your desk and massage these […]

Financial First Aid Kit: Florida Hurricane flooded streets
, ,

Emergency Funds for Natural Disasters: What’s in your Financial First Aid Kit?

You’ve likely read recent headlines estimating that Hurricane Harvey will turn out to be the costliest disaster in U.S. history to date. In fact, it seems every week we are reading new headlines about the devastating costs due to hurricanes, earthquakes, floods and more. And if history is any indication, they will keep coming—after all, […]

, ,

New Survey Finds 42% of Wisconsinites Have Just $1,000 or Less in Savings

Originally Published in Business Wire on Sept. 20, 2017 SafetyNet survey uncovers significant gaps in Wisconsin worker’s financial preparedness MADISON, Wis.–(BUSINESS WIRE)–As Americans struggle to keep up with rising expenses, such as rent, healthcare and monthly costs of living, putting money into a savings account often times falls to the wayside. That is especially true […]

, ,

Mark Greene: Despite low unemployment, Wisconsin workers on a precipice

Originally Published in The Cap Times on Sep. 1, 2017 By Mark Greene | SafetyNet director of innovation and product development Recent talk of Wisconsin’s economic landscape tends to focus on our ability to attract business, the wisdom of incentives and associated implications on taxpayers or the number of jobs created. To be sure, finding […]

Apply for unemployment in Wisconsin tips: Job search
, ,

Applying for Unemployment Insurance in Wisconsin? 6 Tips to Get You Started

Well, no one said it would be easy. Losing your job, that is. Turns out applying for Unemployment Insurance (UI) is no walk in the park either. In order to ensure that the right people receive the right support, the U.S. Federal-State Unemployment Insurance Program, financed through federal and state payroll taxes, is less like […]

Woman getting financial coaching
,

Financial Coach Peggy Olive Helps Clients with Their Dreams, Goals and Challenges

Financial Capability Specialist Peggy Olive has talked with thousands of people about their money. Whether coaching, counseling or training others to be financial coaches, Olive is driven by the same purpose: to help people align their money with their values. Financial coaches are a relatively new option for people looking to gain a better handle […]

Piggy bank - How to keep your emergency fund
, ,

Managed to Amass an Emergency Expense Fund? Congratulations! Here’s How to Keep It

If you’ve succeeded in setting aside a chunk of change to cover those inevitable-yet-unexpected “expense shocks,” congratulations! You’re doing better than most. According to the Federal Reserve Board’s Survey of Household Economics and Decision Making (SHED), barely half of Americans have an extra $400 at their disposal the event of, say, a car repair or […]

UW Professor J. Michael Collins
, , ,

Emergency Savings and Financial Well-Being: Q&A with Financial Expert J. Michael Collins

Emergency savings give people peace of mind—or what we like to call “financial well-being,” which is really defined as being subjectively OK with where you are. A big component of that is not worrying about stuff, being resilient to extra expenses, feeling in control. If you don’t feel like you can set [financial] goals and reach them, it makes you feel less financially well. That has negative side effects for people’s physical and mental health.

Man in wheelchair researching Social Security disability
, ,

How Does Social Security Disability Insurance Work?

It’s not something most of us think about on a daily basis, but injury and illness prevent millions of Americans from earning an income each year. In fact, according to the Social Security Administration (SSA) a little more than 1 in 4 of today’s 20-year-olds will become disabled before reaching retirement. While Social Security benefits […]

Comparing short-term disability insurance: Aflac vs. SafetyNet
, ,

Short-Term Disability Insurance Comparison: SafetyNet™ Vs. Aflac

Disability is a personal matter, with circumstances that are unique to each of us. Your short-term disability insurance should be, too. When comparing options for short-term disability insurance, the more you know about your own challenges and preferences, the better able you will be to choose the option that’s right for you. Both SafetyNet™ and […]