Some dream of winning the lottery even though the chances of that are basically zero. But being a millionaire doesn’t have to be a dream. In honor of National Be a Millionaire Day on May 20, 2022, let’s look at what is truly is achievable when you have focus, self discipline, and a plan. Let’s … More Becoming a Millionaire Doesn’t Have to Be a Pipedream. Here’s How To Get Started.
Stress caused by financial concerns can have a profound effect on your employees’ personal and professional lives, but did you know that it can also affect your company’s bottom line? Too much debt, a lack of savings, unexpected expenses, and low financial literacy are serious factors that contribute to employee stress. This results in companies … More The Price of Employee Financial Stress – 3 Major Costs
There are no signs of inflation declining anytime soon, and the effects of inflation can erode the value of savings over time. It is undoubtedly concerning to many people, including BrightDime users. To better understand how our coaches help users during trying times, we interviewed our lead coach, Caleb Rowe. Caleb Rowe is a Chartered … More How BrightDime Financial Coaches Help Employees During Stressful Economic Times
Today’s inflationary climate requires employees to be more strategic about their financial lives, from their spending habits to their savings and investments. This new environment is uncharted territory for most people and the rising cost of living is impacting the entire workforce. With inflation at its highest rate in four decades, employees are struggling financially. … More How Can You Help Employees During Inflation?
How To Help Your Employees Succeed Financially BrightDime enables companies to invest in the financial wellness of their employees. Our holistic financial wellness platform provides easy-to-use money tools, unlimited personalized financial coaching, and tailored education to help employees manage their finances more effectively while reducing their stress levels. Learn More – Our team is here to … More Employee Statistics & Why Financial Help is Must
Women have been fighting for equality and struggling with unique finanical challenges for decades. Providing employment opportunities for women and supporting their financial security is not only crucial to their personal and socioeconomic well-being, but it can also give an organization a significant edge over their competitors. Here are some statistics that show women face significantly different … More Why Companies With a Large Female Workforce Must Have a Financial Wellness Program
By David Stedman, CEO and Founder of BrightDime In 2014, I ended my 21-year Wall Street career. The energy, people, innovation and intellect were intoxicating and rewarding; however, at the end of each day I never said, “I really helped somebody today.” The next chapter for me was about helping people by giving them free … More The Domino Effect Of Financial Illiteracy
I remember the first time I heard about BrightDime during a company-wide meeting. Now retired Charlotte Pipe CFO, William Hutaff, stood in front of us that morning and expressed his enthusiasm for this new benefit offered to Charlotte Pipe and Foundry associates. He was so excited about BrightDime, my interest peaked immediately. Following that meeting, I went … More A Real Employee “Thank You” Letter
The travel industry has rebounded, and so have scams. According to a CNBC report, consumers have been cheated out of $545 million through Covid-related fraud since the beginning of 2020 and the greatest amount of money was lost to vacation and travel fraud ($79 million). In addition, the Better Business Bureau has issued warnings about … More Travel Shopping Online: 7 Ways To Avoid Getting Tricked
Money has been the subject of a plethora of songs with negative connotations. “Money” by Pink Floyd, “Money for Nothing” by Dire Straits, “The Taxman” by the Beatles, just to name a few. And there’s a good reason for this. It’s because money management can be difficult to master and navigate. From budgeting to investing, … More 2 Factors That Affect Your Financial Future