Financial wellness is elusive for some of us. It seems as if as soon the books are balanced, there is a major medical bill or credit card invoice in the mailbox. Unexpected debt will cause carefully made financial plans to go out the window.
No one wants to lose control over their finances but breaking even every month isn’t easy. There is a secret to maintaining financial wellness. It is twofold and hidden in plain sight.
- Financial Information
Countrywide Pre-Paid Legal Services has a benefit which is committed to establishing financial wellness. Collecting data is the first step on the road to healthy finances. Our network of certified counselors performs that task for a plan member.
These financial professionals will do a budget analysis for the plan member. Understanding cash flow is critical and a Countrywide counselor examines where the money is coming from and where it is going. The financial information helps determine how a new budget is structured.
- Expert Guidance
Our counselor reviews the data and suggest new allocations of money. Some credit cards can be paid off and minimum payments can handle other obligations. Many consumers do not know how to pay medical bills efficiently. Our counselors will help plan members negotiate affordable payment plans with healthcare providers.
Recent college graduates get blindsided by college loan debt. A person might not be aware of ways to reduce loan interest or have certain debt amounts reduced. Our counselors know what is possible and how to apply for reducing the college debt.
Restructuring the budget and eliminating debt allows a person to think of what was once considered impossible. Buying a house may seem to be a challenge but Countrywide will help make that happen.
Our self-study program, “Make Your Move” will suggest ways to find an affordable mortgage and how to handle any closing costs. Down payments on the house can be large. The Countrywide counselor can perform an asset inventory to uncover what a plan member might sell to afford that initial house cost(it is amazing how many insurance policies or collectibles someone might have that can be easily sold for ready cash).
Sadly, some Financial Wellness Plan members are in very serious financial trouble. Our Debt Management Plan, which costs a little bit more, provides additional counseling and other services. A plan member facing bankruptcy can count on Countrywide to help by giving information on how to eventually get out of bankruptcy court.
Countrywide wants to be able to provide benefits to as many people as possible. Our services are meant to be enjoyed by the employees of our clients and those clients know their workers better than we do. We ask for employer input because of this. We ask the decision-makers to look at all our Financial Wellness benefit options. Those same people are then asked to decide what benefits will be part of the final plan. We trust that they will pick those services that their employees will most often use. The benefits will be included in the final plan document.
We always include superior member services as a benefit. We ask that our counselors have a high level of emotional intelligence and treat everyone with respect. Personal finances can be a sensitive topic, but our counselors are very understanding and knowledgeable. No one is lectured to as if he or she were a small child. Our clients appreciate our sensitivity and remark favorably about the Countrywide counselors. You can expect your employees are going to be treated well by Countrywide.
The road to financial wellness is not a difficult path to follow if you have the right guide. Countrywide counselors are some of the best in the industry and they stand ready to offer excellent service. If you have any questions about Countrywide benefits, please feel free to contact us at your convenience. We would welcome the chance to answer any of your questions.