Interesting research and statistics about unemployment, the jobs situation, insurance, budgeting and more.

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Where Does All That Money Go? Infographic of Consumer Spending

Consumer spending infographic

Data from the Consumer Expenditure Surveys (CE) measure how consumers allocate their spending among the various areas of their lives. Not surprisingly, housing is the number one expenditure, followed by transportation. Here is where consumers are spending money. Average expenditures and income of all consumer units*: Income before taxes          $73,207 Average […]

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The State of Savings: Missouri

Missouri state of savings infographic

Hello Show Me State! As of today, we’re excited to officially offer SafetyNet job loss and disability insurance to hard-working residents of Missouri. No matter if you’re a Royals fan or root for the Cardinals, SafetyNet has you covered in the case you experience an unexpected loss of income. It’s our mission to help hard-working […]

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Rethinking Traditional Money Timelines

Nontraditional families and money timelines

Nontraditional Families Need Nontraditional Financial Support American families have changed dramatically over the past several decades—and so have their finances. While growing up in a nuclear family may have once been the norm, today’s children are far more likely to be raised in what researchers call “blended,” “fluid,” or “complex” family structures. As cited by […]

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The Relationship Between Money and Happiness: Can Your Income Solve Your Problems?

Money and happiness: Father and son

We may have been told that money can’t buy happiness, but research shows that for most of us—at least up to a point—the two really are linked. In January 2018, the journal Nature Human Behavior published a study that that says individuals reach a point of “income satiation” when they earn between $60,000 and $75,000 […]

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Returning to Work after 60? You’re Not Alone

Man returning to work after 60

Recent research reveals that more and more Americans are returning to work after retiring from their primary careers. In fact, in 2016 more than 18% of Americans 65 or older were employed—the majority of them full-time. That number was up 6% from just 6 years earlier. As reported by The New York Times, some seniors […]

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Impact of Student Debt on Young Employees

the impact of student debt on young employees infographic

Young workers are worried about repaying their student debt, according to a recent survey by American Student Assistance®, a private nonprofit dedicated to eliminating finance as a barrier to education. They are highly stressed out about debt, which is impacting their productivity at work. The Young Workers and Student Debt survey polled 502 young workers […]

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2018 Financial Health Leaders Podcast Series: Safety Net, LLC

Man working at computer

Originally published on CFSI on April 5, 2018 We’re happy to announce our new 2018 Member-Exclusive Financial Health Leader’s Podcast Series, spotlighting member companies that are measuring financial health.  Listen in as we hear how Rich Fischer, Director of Innovation at Safety Net, LLC, a startup company fully owned by CUNA Mutual is using the CFSI […]

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Top 10 Highest Paying Occupations

highest paying occupations infographics

Looking for a lucrative career? According to the Bureau of Labor Statistics, these are the top 10 highest paying occupations. The numbers below reflect the median annual pay: Orthodontists | $208,000 Anesthesiologists | $208,000 Obstetricians and gynecologists | $208,000 Maxillofacial and oral surgeons | $208,000 Surgeons | $208,000 Physicians | $206,920 General Internists | $196,380 Psychiatrists | $194,740 Family and general practitioners | $190,490 Chief executives | $181,210

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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 […]

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Recent SafetyNet Survey: Wisconsin’s Workforce Lives on Financially Shaky Ground

Wisconsin financial wellness survey by Safety Net

42% of Those Surveyed Have Less Than $1,000 in Savings First the good news: Unemployment in Wisconsin is at a remarkable low. Across the state the number of applications for unemployment benefits has fallen, and last spring the size of Wisconsin’s labor force hit an all-time high. What’s more, national employment trends continue to indicate […]