Stately Credit

Did you know you could borrow money against your future paycheck?

Best Allotment Loans for Postal Employees in 2022 | Stately Credit We create an ultimate guide on allotment loans for postal employees to help you narrow down your search and find a suitable provider.

Tips to get out of the debt you owe.
1. Pay more than the minimum payment
2. Try the debt snowball.
3. Refinance debt.
4. Commit windfalls to debt.
5. Settle for less than you owe.
6. Re-examine your budget.

- Reduce your employees’ financial stress and burdens with financial wellness benefits.
- Provide education and personalized financial guidance.
- Help employees plan ahead to avoid future financial burdens.

– Get Paid What You're Worth and Spend Less Than You Earn
– Stick to a Budget
– Contribute to a Retirement Plan
– Have a Savings Plan
– Maximize Your Employment Benefits

> Decide what you want your portfolio to achieve, and stick with it.
> Pick an industry that interests you, and explore the news and trends that drive it from day to day.
> Identify the company or companies that lead the industry and zero in on the numbers.
> Note that stock picking as a strategy often underperforms passive indexing, especially over longer time horizons.

According to the U.S. Government Accountability Office (GAO):⤵️⤵️

> More than 50% of all Americans 55 and over have no retirement savings.

> For those who have saved, average savings amount to $109,000.

> Many are relying on Social Security that's no longer enough to survive.

Did you know?

Even now, most employers do not offer financial education benefits to their employees. If you are one of them, it might be time to consider it!

More and more people are suggesting that expanding financial wellness benefits beyond the traditional 401(k) can improve the condition of Americans facing serious financial problems. It has also been shown to positively impact employers and their businesses.

Read on: https://cnb.cx/3aYyX6F.

Should employers offer financial education to their workers? More are saying yes amid the Great Resignation Financial-wellness perks are more than just 401(k) plans and webinars. Employers address the Great Resignation crunch by stepping up their benefit game.

It is not a secret that happy employees are more productive and efficient than others.

Besides salary and recognition, an affordable employee benefits scheme can go a long way in reducing the workplace stress of your staff and helping them through personal financial struggles.

Visit www.statelycredit.com to learn more about how our no-cost employee benefit option can help improve your employees' lives.

Have you heard of the 50-30-20 rule of budgeting?

If you are new to budgeting and saving, it can be helpful to remember and start with this simple technique. This method dedicates a percentage of your in-hand income to three different categories:

✨50% for Needs
This might include basic necessities such as paying rent, food and grocery expenses, and paying bills or mortgages.

✨30 for Wants
This includes occasional shopping sprees, fine dining, movies, etc.

✨20% for Savings
This amount is to be set apart as savings for the future and investments. This is the most important one and should be allotted 20% of post-tax income. This also enables easy access to emergency funds if a situation arises.

You might have noticed that you received a paycheck for less than what you are supposed to be paid. A basic review of your pay stub can reveal the hidden deductions.

Some of the details that can be found from a pay stub are:
👉Pay period
👉Gross earnings for the current period
👉Income tax contribution taken from your paycheck
👉Insurance contributions to Social Security and Medicare insurance
👉Net pay or the gross wages after deductions

The next time you get a physical pay slip, make sure to review it regularly.