Financial Coaching, Planning, & Assistance

EMPLOYEE FINANCIAL MANAGEMENT 

• Employee financial coaching

• Financial Planning 

• Create a Budget

• Debt Counseling

• Loan Debt

• Credit Card Debt

• Home Purchasing

• School Loans

• Credit Bureau

• Advise and Planning 

EMPLOYEE FINANCIAL COACHING/PLANNING

Americans today owe more money than ever before. The fact that, "interest never sleeps", means that the situation will continue to worsen unless steps are taken at the individual level to reduce or eliminate your debt. Financial wellness and security is derived not only from acquiring money, but also from building a plan and a direction to use that money in the future. 

• We can help you with a financial plan that will take you through the first steps, toward a solid financial plan that works for you and your family. 
• The plan that we will assist you with, can alleviate your financial worries about any issues that may sideline you in the future. 
• You may want to spend time talking with your family about what everyone wants to achieve financially, and those items may be implemented within your financial plan. 
• It will be important to review your financial plan annually, and we can assist you with that process. 

EMPLOYEE FINANCIAL MANAGEMENT

CREATING A BUDGET

It may surprise you how quickly you can become financially free when you know what your money is doing for you. It is always important to know how much money you have, and how much to allocate to each item in your budget.                 

• An itemization of all your expenses can help you see and budget for those expenses, and keep you ahead in the future.

• Living with in a budget will help create a healthy habit of savings for the

                 future.

• Budgeting can prepare you with a margin when emergencies arise.

• Tracking your spending and creating a budget can lead you to financial freedom and give you peace. 

DEBT COUNSELING

Debt Counseling is designed to help those who are struggling with the debts that they can not pay back.                 

• Debt counseling encompasses a range of services that can assist with any loan debt, such as budgeting, debt consolidation, or having a conversation with the institution that initiated the loan with you for any assistance with that debt. 
• Debt counseling is designed to work with the individual to prioritize a plan of action to knock out the debt in a certain time period. 
• We can also counsel you with the next best steps to stay financially secure and out of debt in the future. 

CREDIT CARD DEBT

Americans today owe more money than ever before. The fact that 'interest never sleeps' means that the situation will continue to worsen unless steps are taken at the individual level to reduce or eliminate debt.

• If your financial problems stem from too much credit card debt, along with your inability to pay that debt, after a financial evaluation of your finances, our credit counselors can help develop a plan and a budget that works toward paying off those credit cards. 
• We will teach you how to create a budget plan so that you can develop and manage your financing skills successfully for the future. 

HOME PURCHASING

When you're buying a home, mortgage lenders don't look just at your income, assets, and the down payment. They look at all of your liabilities and obligations as well, auto loans, credit cards, child support, property taxes and insurance, and your overall credit rating.

• As a credit consultant, we can review your financial situation, and provide a clear picture as to what you can afford for your new home purchase.
• We can provide direction at to what types of loans are available, different terms, and interest rates that are available and best for your situation. 
• There are always unexpected items that arise in a home purchase that were not expected, we can advise you about those potential deal breakers. 
• If you own your home now, we can advise if you should refinance at this time or wait for another time. 

SCHOOL LOANS

With college costs increasing at twice the rate of inflation, it is important to start saving early. Interest working for you now in a regular savings program is much better than having interest work against you in the future in the form of education loans.

• If you are looking for information about school loans and financing in the future, we can evaluate your financial situation and advise you with an appropriate direction to take for any future college fund savings. 
• We can advise you on the advantages of a 529 college savings plan for your children. 
• You may be thinking about borrowing money now for college, with a current financial evaluation, we can advise you with the feasibility of student loan repayment for your situation.

CREDIT BUREAU

Many people know that credit reports are real important, but people do not understand how information is reported to the bureau’s, how to fix the credit report when data is reported incorrectly, or how to improve your credit score. 

• We can advise you as to the importance of pulling your credit report annually, and how to preform that task, most of the time, it is free, annually. 
• We can advise you how to read a credit report, and what all of the different codes mean. 
• We can teach you how to dispute a credit report mistake, and give you the forms that you can fill out to get the mistake corrected, as well as who you should talk to about correcting the mistake. 

ADVISE AND PLANNING

In order to get where you want to go, you need to know where you are. We can help you get a view of your financial position with a free personal financial analysis of your financial position. You have worked hard to accumulate your savings. You will want to plan for a successful future of those savings. 

• We can advise you how to make sound financial decisions. 
• We can give you the skills to develop a financial plan that will work for you and give you a peace of mind. 

Everyone could use more information regarding Employee financial coaching

• Buyers and sellers of homes and other real estate
• Anyone with a job or running a small business
• Newlyweds or divorcees
• People with dependents
• Those inheriting money
• People planning for retirement

Addressing the Financial needs of individuals for a better financial future and life. Fortunately, we have unlimited time for unlimited advice:

• The VIP line for financial planning
• We handle multi-call issues and multi-issue calls
• With their membership, members get year-round financial planning advice, as often as necessary
• Our members never feel rushed
• Members are never billed for length of call, number of questions or number of times calling

EMPLOYEE FINANCIAL COACHING

Frequently Asked Questions

• Can you help me to create a budget so that I get a handle on all of my spending?
• How could financial planning help me with, retirement, kids going to college, and managing financial holdings?
• I have been renting for three years now, how do I know if I can afford a new house at this time? 
• After reviewing my credit report, I found that there was a discrepancy on the report. Can you show me what I need to do, to get it corrected? 
• I have created a mess with my credit cards. How long will it take a PAYROLL LOAN  to payoff my credit cards, and is there anything else that I can do to remedy my credit card debt?
• Someone told me that I should consolidate all of my debts into one loan. Is that really a good idea ?

PAYROLL LOANS* (optional)

55% OF EMPLOYEES 

• Surveyed, say not having enough emergency savings for unexpected expenses is their top ranked financial concern. PWC

• 12 MILLION AMERICANS take out high-cost payday loans each year because they do not have better options.  PEW

• NEARLY 62% OF EMPLOYEES including 75% of Millennials, say they are looking to their employer for more help in achieving financial security through employee benefits.  MetLife

• 1/3 OF AMERICANS borrow against their 401K.  SHRM

EMPLOYEE FINANCIAL WELLNESS

MEETING THE EMPLOYEE NEED!

1. Loan example: On a $1,000 loan, an employee paid on a semi-monthly pay schedule would have approximately $46.50 deducted from each paycheck for a one year term. This results in approximately $116.00 in total finance charges with an Annual Percentage Rate of 19.99%. The number of payments, payment amounts, total finance charges, and APR will vary based on loan amount, payroll repayment periods, and the number of days the loan is outstanding prior to the first payment date.

2. Rates based on credit qualification and subject to change. Payment example: Monthly payments for a $10,000 loan at 3.99% APR with a term of 3 years would result in 36 monthly payments of $295.20.

3. Rate Beat Program - will offer a rate .10 percentage points lower than the rate offered by a competing lender subject to satisfactory evidence of actual approval of a lower rate with another lender for the same loan terms.

4.Non-payments would also be reported.

*MUST HAVE A MINIMUM OF 300 EMPLOYEES TO QUALIFY FOR THE LOAN PROGRAM