Are you constantly worrying about money? Learn how to manage your financial stress.

unemployed dads - man stressed at computer
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Tips for Unemployed Dads: How to Lessen the Impact on Your Children

Research reveals some interesting facts about how the children of involuntarily unemployed fathers fare differently than those of involuntarily unemployed mothers. Using data from the 1996 Survey of Income and Program Participation, researchers at the University of Chicago’s Center for Human Potential and Public Policy, found that the children of unemployed fathers faced a higher […]

Roshni Chowdry and daughter: Frugal Shopping Challenge
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The Frugal Closet Challenge: Could You Refrain from Buying Yourself One Piece of Clothing for an Entire Year?

SafetyNet™ Head of Customer Experience Roshni Chowdhry admits to her own materialistic tendencies. Specifically, she says, she is well-acquainted with the short-term thrill of the impulse buy, especially when it comes to clothing. But that was several years and three separate no-shopping challenges ago. Having twice refrained from buying herself any new clothing for an […]

Financial First Aid Kit: Florida Hurricane flooded streets
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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, […]

gig economy making money between jobs
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Make Money Between Jobs: The Gig Economy Could Save Your Bacon

According to a survey by the Pew Research Center, nearly 25% of Americans now earn at least some money through the “gig economy”—also known as freelance, contract or on-demand work. Others put that number even higher. Made up of independent contractors, online sellers, freelancers, artists and more, one thing is for sure: the number of […]

Woman using layoff as opportunity
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Turning Layoffs into Opportunities: Tips to Take You from Surviving to Thriving

If you are someone who embraces change and new challenges—even when unexpected —finding yourself out of a job may bring you more inspiration than paralysis. After all, what feels like crisis in the moment merely looks like another life change once you do (and you will!) land your next job. For others, however, maintaining good mental […]

UW Professor J. Michael Collins
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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.

Woman paying bills - April financial literacy month
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National Financial Literacy Month: Do You Know How to Calculate Compound Interest?

Suppose you owe $1,000 on a loan and the interest rate is 20% per year compounded annually. If you didn’t pay anything off, at this interest rate, how many years would it take for the amount you owe to double?*

If you don’t know the answer to that question, you’re not alone. Nearly two-thirds of Americans can’t pass a basic financial literacy test with questions about interest rates, mortgages and economic trends, according to the Financial Industry Regulatory Authority’s (FINRA) Investor Education Foundation.

How SafetyNet Insurance Works: A new kind of unemployment insurance
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How SafetyNet™ Works: A New Kind of Income-Loss Insurance

“Peace of Mind, Plain and Simple” According to a Federal Reserve report released last May, 46% of American’s surveyed said they did not have enough savings on hand to pay an unexpected $400 expense. Should they find themselves out of a job, a recent Bankrate Money Pulse survey suggested more than a third of those […]

Stressed Woman: 9 Ways to Make Ends Meet Between Jobs
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9 Ways to Make Ends Meet When You’re Between Jobs

So you’re between jobs. Limbo, crisis, transition. No matter what you call it, it’s an unsettling time—and for good reason. When you don’t know when you’ll have a regular income again, expenses that once seemed unremarkable—say, those monthly school loan payments or even coffee with a friend—can suddenly feel daunting. The good news is that […]