This story is part of a series that spotlights our employees here at GreenPath. We hope these stories will give you a behind the scenes glimpse into their daily lives, and how they strive to make an impact through financial wellness.
Making the transformation from being a carefree young person to a financially healthy adult can seem overwhelming and scary. Most young adults like you starting out their careers can attest to the challenges of managing an entry-level salary while still striving for the financial stability they desire. But there are ways to create a path to financial independence early in your career.
Though your salary may be minimal now it’s vital to implement a realistic plan designed to save, budget, and maximize your cash flow. If you find yourself in need of help reaching your financial independence, consider implementing these habits.
The financial trajectory in our life is full of ups and downs. As the saying goes, "That's life." We are all going to experience times when we feel like the wind is at our back, and other times when we feel like our financial world is caving in on us.
If you find yourself in the second category, it will be okay. First, know that you're not alone. Many people have been in your shoes before and have come out on the other side.
Second, know that there are tangible steps you can take today to get yourself back on the back the financial wellness. So dust yourself, take a deep breath, and read on for some strategies to get you back on your feet.
Those of us planning for retirement face a very different set of circumstances than we did a couple of decades ago. Pensions are often less generous, if they exist at all, young people are saddled with more debt, and the future of Social Security may not be guaranteed.
So what can you do to ensure you are set up financially for your later years? We’ve broken down some strategies that work for each stage of life.
A View from the Summit
By Maurice Turner, Interim Marketing Generalist
It’s about 8:30 am, and from where I sit, an undeniable excitement hums through our building. Everyone is working to prepare for our guests’ arrival. Breakfast is in the works (and smells amazing by the way!) Rooms are being set for a fun day of networking, learning, and insight. This is all in anticipation for our second annual Financial Industry Summit.
Using Technology and Innovation for Social Good
How crossing traditional divides can help create greater impact AND be good for business
By Bill Druliner, Director of Strategic Partnerships
How can we dream so big in some areas, yet continue to think so small in others?
I asked myself this recently while at a conference in California. A panel of speakers shared some of the latest developments in machine learning and artificial intelligence - applications such as biometric recognition and autonomous vehicles. During the Q&A time, I posed the question, “Do you know of any applications of data analytics that are focused on better understanding and measuring well-being?” This group had not -- and one of the panelist’s answers could be paraphrased as “Gosh, that would be hard.” (Me, I thought programming computers to make them sentient sounded a little harder - but, what do I know?)
As students around America graduate from colleges and vocational schools, hundreds of thousands of people will soon enter the full-time workforce for the first time. Or the “real world” if you will. Many of you may be asking, “How do I land my first job when I don’t have any experience?”
One key tool for job seekers is a resume. Ideally, this is a one-page marketing document that helps explain their skills and experiences. In many cases, it offers an employer the first impression of a job seeker – and as a result of the quality of your resume you could be accepted or rejected as a candidate within a matter of seconds.
Here are some resume writing tips for first-time job seekers:
Mother’s Day is a time to celebrate the women who brought us into the world. While this yearly tradition is known for its cozy brunches and thoughtful gifts, we often don’t take the time to take a step back and appreciate everything that mother’s do.
At GreenPath, this Mother’s Day we are celebrating the role mothers play in the financial lives of their families. Here are some ways that we see mothers as financial leaders.
As part of our Financial Literacy Month blog series, and in celebration of Take Your Child to Work Day, we’re talking about ways to educate children about finances. Remember, it’s never too early to start teaching kids about money. Good skills, that are learned at an early age, can have a lasting impact for the rest of your child’s life. In fact, this is one of the most important areas where you can truly change the course of your child’s life. Educating your children about financial wellness, will help them build healthy spending habits for the future.