Guest post by Marija Petrushevska. Marija Petrushevska is a content writer at Shortlister. She enjoys writing SEO content, including articles and guest posts on HR, wellness, and benefits. Technology is so omnipresent today that it shapes almost all aspects of our lives. With the constant innovations in the field, it can now even shape financial inclusion.  But what does financial inclusion mean?   As the World Bank puts it, “Financial inclusion means that individuals and businesses have access to useful and affordable financial products and services that meet their needs – tran ..read more

Inflation is here and has been here on the forefront of America’s minds for months.  To set the stage, inflation is the rate of increase in prices over a given period of time. Inflation is typically a broad measure, such as the overall increase in prices or the increase in the cost of living in a country. According to the report from the Bureau of Labor Statistics, the annual inflation rate in May was 8.6%, its highest level since 1981, as measured by the consumer price index. Now, as the U.S. is working to get out of a pandemic-induced recession, employers have choices on what they can o ..read more

Technology helps to connect people better. It helps to connect us to other people, places, things, programs.  Anything that once seemed inaccessible is now accessible at the tip of your fingers.  This means that Americans anywhere now also have access to financial help that they didn’t necessarily have access to before.  Millions of Americans are underbanked, have no credit or poor credit, and haven’t known about options available to them if they needed financial assistance.  Now, they do.  What kind of financial assistance do they have access to now?   Financial ..read more

We know that when employees are less stressed about their finances, they perform better at work. Less stressed More productive Easier to retain Increased satisfaction However, most organizations aren’t talking about “financial diversity” specifically. What do we mean when we say “financial diversity”? “Diversity in banking, accounting, pricing strategy, and other parts of the financial sector means eliminating conscious and unconscious bias against underrepresented groups. This allows them to succeed and contribute at equal rates to other demographics.” When we think about financial diversit ..read more

Written by Samantha Long, contributor.  Money is a topic that many people find difficult to discuss, especially those who aren’t used to being financially comfortable. Whether you’re living paycheck-to-paycheck, have more money now than your family did growing up, or are financially savvy, talking about your finances can be an awkward topic. However, being able to talk about money is an important skill for everyone to learn. Let’s talk about credit scores – what they are, how they’re calculated, and what you can do to maintain your credit. Whilst you might have grown up thinking that all ..read more

We spend more time working and talking/meeting with colleagues or supervisors each week than we do other things… Working for a company that brings you joy and supports you in return is invaluable to your growth and not to mention your mental health.  That’s why employers are in such a great position to help their employees reach their goals.  They are able to provide you with tools, tactics, programs and additional support than you might receive otherwise.  Where should employers start when it comes to helping their employees reach their career goals?   First, why do employ ..read more

Talent acquisition challenges will continue into 2022–no question about it.  Pre-2020, there had been a job-hopping trend already in motion. Now, after lifestyles have changed due to unforeseen circumstances, this job-hopping trend has been exacerbated.  “With the rise of work from anywhere, hire from anywhere and an easier interview process all done virtually, there’s no reason for employees not to be looking for a better opportunity,” said Evan Sohn, CEO of Recruiter.com, a hiring platform based in New York City. “Companies now need to be thinking about having a constant stream of ..read more

Guest post by Lyle Solomon, Principal Attorney at Oak View Law Group in California. So, what does it really mean to live paycheck to paycheck? Living paycheck to paycheck is an expression used to define people who use most of their income towards their expenses. If you live paycheck to paycheck, little to no part of your income goes towards savings. According to this survey, 78% of the working class live paycheck to paycheck.   Why is it so common even with the upper-middle-class population? According to this report by CareerBuilder, one in ten workers making $100,000 or more are still li ..read more

Guest post by Dave Roberts, Content and Social Media Manager at RxSpark, our partners on TrueConnectRx. Each year, it’s almost guaranteed that the cost of prescriptions will increase, putting additional strain on the household budgets of millions of Americans. Already in 2022, the price of over 600 medications has gone up by an average of 5% to 6%. With the financial impact of the COVID-19 pandemic being felt across the country, Americans need solutions to lower the costs of their medications. Over one in five adults in the US, the equivalent of 58 million people, have difficulties paying for ..read more

Taking a holistic approach to money is really all about goal-setting.  Rather than the traditional approach to financial planning of looking from the bottom-up–think looking at what you can spend now, using numbers like your age and income to determine how much you should save/spend now–holistic financial planning is more of a top-down approach.  Top-down means that you should be looking at your financial goals and where you want to be in the next 20 years vs. just what you can manage right now.  For more insight on goal-setting tactics, check out this blog here. So, where shoul ..read more