Articles Posted in financial wellness

Debt is often a heavy weight to bear. Credit cards are the common means of paying for gifts and the plastic charges double-digit interest. College graduates face loan debt the size of a house mortgage and medical emergencies are expensive.

The debt will cause major stress and anxiety. People will worry and wonder if there is a way out of the mess. Fortunately, there is an opportunity to end financial trouble. Countrywide Pre-Paid Legal Services has a financial wellness plan that guides an individual to fiscal sanity.

Advice, Not Sermons

Our program is more than a web page of useful advice. We have certified counselors who are knowledgeable about personal finances. These professionals provide the services a plan member needs. Continue reading

Financial wellness plans will help resolve emergencies, but that is only one use for this benefit. A good program enables a person to have better control over their finances and plan for the future. Countrywide Pre-Paid Legal Services offers a financial wellness plan. Our benefit includes tools anyone can use to manage their money.

Tools of the Trade

Countrywide has a nationwide network of certified counselors who provide service. These experts are easy to reach and help people sort out their finances.

Recent college graduates might have no experience with budgeting. Lack of knowledge has a negative effect on their spending habits. Our counselor will perform a budget analysis for a young plan member. This professional will review expenses and income and design a sensible budget. A young employee is thus able to pay all the bills and still have money to save. Continue reading

Debt is not always a bad thing. It helps create credit ratings and mortgage debt can reduce a person’s taxes. Trouble rears its head when expenses are more than income and interest accrued drives personal debt higher and higher. The situation gets out of control and will destroy financial wellness if a person doesn’t get needed help.

What Causes the Trouble

Yes, some people live beyond their means but that is not true for everyone. The expenses sometimes arrive without advance notice such as the end of a college loan grace period. Medical bills, or other emergencies will arise without warning. When you add these new expenses to an existing debt a person’s budget is disrupted. The debt dilemma may need more than ordinary help. Countrywide Pre-Paid Legal Services has a financial wellness service that resolves a major crisis.

The Discovery

Countrywide makes use of a nationwide network of certified counselors. These are professionals who have considerable experience in helping people manage their financial wellness. The counselors are more than just a web page on the Internet site and having a face-to-face meeting with one of them is easy to arrange. Continue reading

College loans ordinarily have a six-month grace period. A new graduate doesn’t have to worry about payments and can settle into a new job. However, the clock is ticking for those who graduated in June. The grace period will soon be over, and the bill arrives in the mail. It can be a shock to anyone’s financial wellness.

The Piper Needs Payment

College graduates often have debt obligations the size of a house mortgage. It will take years to pay it all off and the monthly minimum is substantial. Those living from paycheck to paycheck are in for a shock. Many will use forbearance. It’s a bad idea since interest continues to accumulate whether forbearance is used or not. Countrywide Pre-Paid Legal Services wants to help folks get out of college debt traps. We have a financial wellness program that gives sound financial guidance.

We Rely on Professionals

Those with financial concerns want to talk to a real person. Q&A pages on a website are not enough to relieve anxiety. Countrywide will allow a plan member access to certified professionals. These financial experts know the stress caused by a college debt and provide help. Continue reading

The price of houses is beginning to rise, but people are still looking to buy. Property is something many want to own, but financing isn’t always easy. The purchase of any house is a major decision and requires careful consideration.

The nature of property does not make this easy. Real estate has its language and business practices. The words used in the housing market can be very confusing to a novice. No one wants to sacrifice financial wellness, but the wrong kind of mortgage will lead to a disaster. Unfortunately, there are unethical people taking advantage of the inexperienced. Countrywide Pre-Paid Legal Services would like to end the housing confusion. We have a financial wellness service that educates a buyer about house shopping.

Make Your Move Provides Great Information

Countrywide has a self-study program called Make Your Move. The coursework guides a plan member along the road to buying a house. The mortgage options are discussed so the individual can better decide what is the best financing. Terms and acronyms that are often hard to understand at first glance are fully explained. Continue reading

Medical bills don’t appear to be such a great problem at the end of the year. The deductible for the year is ordinarily met and medical insurance picks up most of the tab. Nevertheless, there is a lurking problem for some folks. Treatment on various injuries or illnesses can span more than a year. What it means is that a treatment which began in October can be still ongoing in January. It does pose a financial wellness risk.

The Deductible Can Be A Shock

The deductible requirement starts again with the new year. If a company has a $5000 deductible to be met annually, then an employee must meet that obligation starting in January. A major treatment performed after the new year can mean thousands of dollars in expenses. It happens at the same time the Christmas bills are coming in. It is a major shock to the system and can cause a great deal of stress, if not outright panic. An employee would appreciate some assistance and Countrywide Pre-Paid Legal Services can help.

People can budget for college loans or credit card payments. Medical bills are a different case. The first shock is the Explanation of Benefits. That is not a bill, but the figures are startling. The final invoice can be tough to swallow. Continue reading

Millennials know better than anyone the anguish caused by college loan debt. It takes away from the happiness that surrounds graduation. A recent graduate within six months faces payments on a loan obligation that can be five or six figures. The hit to financial wellness can be demoralizing.

There is no question Millennials are highly intelligent. They are some of the most technically savvy people in the workforce. Unfortunately, no one spends a lot of time teaching them how to budget and deal with debt. The size of the payments can cause a young employee to make some very bad decisions. Forbearance can be a trap, but what is worse is if the new graduate decides to default on the loan. That can have long-term negative consequences and ruin an individual’s credit rating. Countrywide Pre-Paid Legal Services offers the kind of employee benefits people can use to solve major problems. Our financial wellness program is available to assist an employee.

Where There Is a Plan There Is a Way

Countrywide will use a nationwide network of certified counselors to help plan members caught in financial quicksand. A Millennial needs to know what his or her options are in paying back the college debt. Our counselors can show a plan of action which allows an individual to pay the college bill and meet other expenses at the same time. Continue reading

Financial wellness weighs on a person’s mind. Whether funding a house is affordable or how to best meet unexpected bills is going to haunt person’s thoughts. It helps to have some assistance from a group of professionals. Those veterans can point out how to manage finances better and meet costs without panic. Countrywide Pre-Paid Legal Services makes use of certified counselors to help plan members deal with finances. Providing good advice does mean gathering information. Our counselors use the right tools to examine a plan member’s financial situation.

Starting with the Basics of Financial Wellness

The primary source of information for the Countrywide counselor is a budget analysis. Our professionals will sit down with a plan member and look at income and expenses. This can be a meeting of discovery for those who do not have a formal budget to follow. They not only discover where their money is going, but also exactly how much money is coming in to meet the bills.

This information permits counselors to develop a realistic budget with the plan member. Issues of financial wellness such as how to afford credit card payments, college loan debt, and even unexpected medical bills are better managed with a set budget. It permits a plan member to meet expenses without having to make drastic decisions. The budget has a way of calming down nerves and helping a person relax when dealing with financial matters. Continue reading

Debt is something every consumer deals with every day. We rarely carry cash and plastic cards are a preferred means of payment. Few people care about the interest rates charged and most pay the minimum required each month. Everything can go south when a major crisis arrives and threatens financial wellness.

We Help Decision Making

Planning for an emergency is hard. Medical bills can happen due to an accident. College graduates forget about the grace period and are stunned by the college loan bill when it arrives. The shock of financial obligations will lead to hasty decisions. Countrywide Pre-Paid Legal Services want to help people avoid decisions like declaring bankruptcy. Our financial wellness plan offers significant assistance.

The first step on the road back to fiscal stability is a budget analysis. A plan member must know the full picture of income and expenses. Our nationwide network of certified counselors will walk people through a budget analysis. Many are honestly surprised with what the review uncovers. Continue reading

The standard medical deductible has slowly risen over time. It is understandable because organizations want to keep their medical costs under control. Younger employees might not notice this. They are healthy and do not use the group health insurance that often. Older employees do, and their medical bills can consequently threaten financial well-being.

It Comes with Age

A person’s body is more vulnerable as that person gets older. Diabetes, high blood pressure, and age-related diseases will require increasingly more medical attention.

Dental bills can also pinch a wallet. Crowns and partial plates can cost thousands of dollars and insurance won’t pay all the bills; the individual is responsible for the deductible. A middle-aged employee might face sizable medical debt caused by high deductibles. He or she needs help and Countrywide Pre-Paid Legal Services can assist. We offer a financial wellness plan that makes a difference. Continue reading