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Financial wellness is an important component of your overall wellness. Be Well Illinois has tools and resources to help you learn how to successfully manage your financial wellness journey. Keeping track of expenses, making a budget, and sticking to it are important skills that can help you live well.
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Whether you need to save up for a medical condition you have, copays for regular expenses or medical emergencies, knowing the amount you may need can save you not only money but also save you stress when you get to the hospital or doctor’s office and don’t have the funds.
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The State of Illinois Deferred Compensation Plan website at www.myillinoisdcplan.com is a great resource to help you track your progress toward the retirement you want.
How often do you check your medical bills? If you're like most people, not often. It’s common to assume the bill is accurate, make payment arrangements and go on with our lives. Unfortunately, medical billing errors are common in the United States.
We all want to be sure that we have enough money in our retirement savings to live comfortably when we reach the age where working and earning wages is no longer possible.
For many young people, having a college degree is the starting point for getting a job in the career field they desire. College affordibilty has become challenging to manage as the cost of earning a degree has steadily risen over the last several years.
We all make financial blunders and mistakes. Part of being an adult is learning from these blunders and not repeating the same actions over again.
When faced with navigating your financial stressors, you might be feeling as though there’s nothing you can do to improve your finances. However, small changes can make a big impact over time.
If you encounter a situation where you need to draw on your emergency funds, the chances are that you will need access to the money right away. For this reason, emergency savings are typically kept in cash or in a traditional savings account.
The end of the year is a busy time for everyone. In the midst of all this busyness, taking the time to pause and reflect on the year gone by can help us appreciate the past, live in the present and prepare for the future.
Financial limitations often prevent people from getting timely dental care. More than half of Americans delay dental, and other types of Medical care, due to an inability to afford it.
It's important to have money saved for those surprise expenses in an emergency fund. In fact, most experts suggest having about three to six months' worth of expenses saved.
Just as with exercise and nutrition, the key to your financial wellness involves making simple and effective changes to your behavior to develop a better relationship with money.
Asthma costs the U.S. economy more than $80 million annually in medical expenses, days missed from work, and school according to research published online in the Annals of the American Thoracic Society.
Regardless of “good” debt or “bad” debt, borrowing money and being required to repay it in the future can cause several challenges for the human mind.
If you are worried about money, you are not alone. Money is a common source of stress for American adults. In fact, according to the American Psychological Association (APA), 72% of adults report feeling stressed about money.
Improving your financial health takes work and the sooner you start the better. However, it is never too late to start improving your financial goals.