Get the Latest Money Strategies From myVRS Financial Wellness
On any given day, some of your employees are preoccupied with money concerns. Others may just appreciate practical tips for managing their financial lives.
All your employees can benefit from myVRS Financial Wellness, which helps VRS members make informed decisions about financial matters and encourages saving for the future. Building employees’ confidence and comfort tackling financial issues can carry over to increased engagement and productivity at work.
Here are five popular recent features to share with your employees. Using email, social media or other channels, you can promote all at once or send individual items, perhaps with other communications. (For more promotional ideas, check out this toolkit.)
Guard Against Identity Theft
More than a million Americans were victims of identity theft last year, according to the Federal Trade Commission. Spend two minutes watching this video from myVRS Financial Wellness and learn how to protect yourself.
Credit Score 101
Your credit score can make the difference between whether favorable or less favorable financing terms on your next loan or credit card. Find out which factors go into your credit score and how to improve it. Learn more in “Tips to Improve a Good Credit Score.”
Tackle Financial Stress
Most of us deal with financial stress from time to time. This three-minute video outlines how practicing money mindfulness can help ease your fears and make financial decisions with more clarity.
Set Up an Emergency Fund
Unexpected major expenses, such as a car repair or furnace replacement, can push your finances into the red. Setting up and sustaining an emergency savings fund helps you prepare for sudden jolts to your wallet. Watch How to Contribute to an Emergency Fund and put this money-wise strategy into action.
Should You Rent or Buy?
Your lease may be running out, or you’re beginning to think about a move to gain more living space. As you consider options for a new place to call home, one question looms large: Should you rent or buy? Read Renting vs. Buying a Home to learn about three situations when buying is a great option and three when renting may be the right call.
