All Posts by Claire Hegstrom
How to prepare your finances for holiday spending
‘Tis the season to be shopping! According to the National Retail Federation, Americans are expected to spend nearly $990 billion in November and December alone – an increase of 3.5 percent year-over-year. While the average holiday shopper is estimated to spend over $2,100 this winter, Empeople members are uniquely positioned to save while they spend. […]
Four spooky money scams to watch out for this Halloween
Ghouls and goblins aren’t the only frightening creatures lurking around this fall. Scammers are preying on your social media, your email inbox, and even texting or calling your phone number, trying to steal your money or personal information. The Federal Trade Commission has reported a 14 percent increase in total losses from fraud, topping over […]
How to adjust your budget after receiving a promotion
According to the U.S. Bureau of Labor Statistics, over five million people were hired for a new job this fiscal year alone. Additionally, U.S. employers promote nearly seven percent of their workforce annually. Whether you’ve received a raise because of an internal job promotion, or you’re earning extra money at a new job, adjusting your […]
Three types of insurance that are worth the money
Most people hold basic, necessary insurance policies like auto insurance, health insurance, life insurance, and long-term disability insurance. However, there are a vast array of ancillary insurance products to help make life’s unexpected hurdles more manageable. After all, roughly 44 percent of Americans do not have enough money in savings to cover a $1,000 emergency. […]
Buying vs renting a home: The pros & cons explained
There are many factors to consider when deciding whether to rent or buy. Both options have their own set of pros and cons that need to be considered before deciding. For example, renting is great for people who like to move around or are just starting their career. On the other hand, buying a home […]
How To Save For A Down Payment On A House
Nationwide home buying statistics for 2020 are not going to look like the rest of the century, because of the economic disruptions caused by Covid-19, but in 2019 the average median down payment for first-time homebuyers was 6 percent of the purchase price. Likewise, in 2019 the average cost of a brand new home in […]
How to Avoid a Scam
Scams happen on the internet every day. In fact, with instant communications and nearly universal computer access, scams are more present than ever, and the Federal Trade Commission registered more than 2.2 million fraud reports in 2020. A third of all victims reported losing money to the schemes. What can you do to protect yourself […]
Top Tax Tips
February is the right month to start preparing your taxes, and the Empeople Daily blog has tips that can help get you ready to file. But before you do, let’s take a look at some deadlines. For most of the country, the deadline is Tuesday, April 18, but residents of certain disaster areas have until May [...]
Smart Financial Goals
Financial goals can help you save money, buy needed things, and put you on track to a better and brighter tomorrow. If you have made your 2024 financial resolutions, it’s likely you have already thought long and hard about what it takes to make financial goals and how to achieve them. That’s all fine and […]
Five Resolutions for 2021
2020 has been a year of wild extremes. Your year-end financial resolutions might have taken a beating, or they might have found extremely radical success. Resolved in 2020 to spend less? Quarantine and lockdown may have made your shopping and impulsive purchases harder to accomplish, and savings may have come naturally, just not the way […]