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 Developing Your Financial Fitness Thumbnail

Developing Your Financial Fitness

You work hard to keep your body fit and healthy. Regular exercise, dieting, annual physicals, doctors visits and perhaps even taking supplements are all a part of your physical fitness plan. But are you giving the same attention to your financial fitness? For many people, personal savings and retirement planning are not made a priority like they should be. I could argue that your finances are just as important as your physical health. Here are some things to consider about your financial fitness:

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What to Do When You Get a Raise

In 2022, the US inflation rate was the highest it had been since the early 1980s (1). This puts a lot of strain on the income Americans are earning. Getting a raise, especially a significant one, can go a long way to helping pay for those increases in goods and services. In some cases, it can also be as much of a curse as a blessing. Here are some smart steps you can take to make the most of your raise.

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Big Three Prepare to Strike

2023 has been an intense year for union workers nationwide in many industries, from UPS workers to actors and writers. With high inflation rates have come high demands during contract negotiations. The buzz surrounding current talks between the UAW and the Big Three (GM, Ford, and Stellantis) has been no different. As negotiations prolong and a contract expiration date of September 14 is looming, many UAW workers are having increased concern over the prospect of a lengthy strike.

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Financial Spring Cleaning

Springtime is almost here! Spring brings a sense of renewal and optimism after the long dreary winter months. As the warmer weather moves in, we tend to find ourselves feeling more motivated, ready to clear out the old and bring in the new! Spring cleaning is a popular tradition for many, as it provides a chance to clear out any stagnant clutter and stale air. We kick off the season with scrubbing, organizing, and decluttering all of the physical aspects of our home and lives.

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Are You Avoiding the Savings Gap? Thumbnail

Are You Avoiding the Savings Gap?

Throughout our lives, we are advised to save for college, retirement, or unexpected emergencies. While these are all important things to save for, this ignores a lot of opportunities and creates a big gap in savings. What about the many things that could come up in the next 20 years?

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2022 Chrysler Profit Sharing

It's that time of year again where most Chrysler employees will be eligible to receive their annual profit-sharing check on March 15th. This year, approximately 43,000 U.S. hourly workers will receive up to $8,010 in profit sharing. This is a major annual event that occurs for most Chrysler employees. If you are looking for ways to maximize this benefit beyond its fullest potential here are a few tips:

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2022 Ford Motor Company Profit Sharing Thumbnail

2022 Ford Motor Company Profit Sharing

It's that time of year again where most Ford Motor Company employees will be eligible to receive their annual profit-sharing check on March 10th. This year, approximately 56,000 U.S. hourly workers will receive up to $7,377 in profit sharing. This is a major annual event that occurs for most Ford Motor Company employees. If you are looking for ways to maximize this benefit beyond its fullest potential here are a few tips:

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