Revolving household credit card debt continues to trend upward
NerdWallet
)Credit card debt is hindering 401(k) Savings.
Schwab Survey
)Americans are drowning in a total of $1.057 trillion in credit card debt as of march of 2019
Combined research indicates that it is likely that 20% of your workforce is underserved regarding your benefits offerings.
Student loans for those over 60 years of age have quadrupled over the last 10 years. Workers with student loan debt tend to contribute less into their 401(k).
Merrill Lynch Survey
)63% of American workers say they’re unable to handle a $500 car repair or a $1,000 emergency room bill.
CBS News
)43 million have Americans have a credit score of 599 or less
1 in 5 public employees took out high interest predatory (payday) loans during the previous year and the salary range included those making over $85K annually.
Prosperity Works, NM
)56% of full-time workers say they can only save $100 or less each month This includes those making six figure incomes.
CareerBuilder Study
)Americans who report poor financial health also tend to have poor physical health. Indeed, they are significantly less likely to practice healthy physical habits.
The Harris Poll / LendingClub Survey
)56% of people in the us have no rainy day funds
78% of US workers live paycheck to paycheck.
CareerBuilder Study
)R. Jean Kimpson founded GreenStreet Benefits five years ago after realizing the high levels of stress regarding finances at home and in the workplace. Her mission is to aid families in decreasing financial stress and increasing their quality of life.
