Tuesday, April 14, 2009

Tip of the Day: Make the most of Financial Literacy Month

Today's retirement confidence numbers show how nervous employees are about securing their financial futures. But even before the recession, workers weren't exactly financial Einsteins. Now that economic conditions are working even more against them, this month's National Financial Literacy Month comes along at the perfect time.

“When money gets tight, a strong financial foundation is key to ensuring that you don’t get in over your head with uncontrollable debt,” Cate Williams, VP of financial literacy for Money Management International, says.

MMI had laid out 30 steps (one for each day this month) on the path to financial wellness. My apologies for not getting this out two weeks late! But surely, it's better late than never, and there's no reason you can't share these tips with employees into May and beyond.

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