Rising inflation is in everyone’s minds, and costs affect many decisions. Employees are worried about being able to meet certain fees, and they are not sure if their paychecks can cover everything. The reason for this stress is that the average person does not know their total value.
What we mean is that people know the balance of their savings account and checking account. But they may not understand how much their assets are worth. Having an idea of the total asset value, including stocks, bonds, insurance, collectibles, etc., can help.
Some of the expenses
We are primarily talking about the assets that can easily be liquidated to cover various costs. Some of these expenses are not emergencies; they can be part of achieving personal goals. Some of the things that assets can help pay for include:
Large balances on a credit card.
2. The down payment on a house.
Proof that a person can afford a mortgage.
4. Sudden significant medical expenses.
5. The teaching for the next semester.
6. Investment in the stock market.
A person’s financial well-being can be improved when the individual is aware of the total value of his assets. Nationwide prepaid legal services have employee benefits that include an asset inventory.
Great help for every employee
Countrywide has a financial wellness program which provides great help. We have a nationwide network of certified advisors who can provide advice and assist plan members in common financial matters. Included in the package is an asset inventory. In addition, there is an advisor in the community for each nationwide client.
A nationwide advisor will perform an asset inventory that explores large and small assets. For example, people may not realize that a small insurance policy taken out several years ago provided a cash value that could easily be converted into money. Others may have no idea that their collectibles have more than sentimental value. The result of the asset inventory is a better recognition of a person’s financial value.
The service from Countrywide does not end there.
Depending on the options included in the financial health plan, a nationwide advisor can then go ahead and provide advice on various issues that asset sales can alleviate. The benefits include help with medical bills, college loan debt, how to buy a house and structuring a reasonable personal budget. Of course, what we provide in a financial health plan will depend on the potential customer.
The management will decide
Countrywide wants to offer a benefit that all employees in an organization can use. Although we have worked with employers of all types and sizes, we have no idea about the demographics of a given potential customer. We need the help of decision makers to create an ideal plan.
Therefore, we actively seek their input. Countrywide explains all the economic well-being options for a potential customer. We are prepared to answer all the questions that managers have, and we will point out the benefits of each option without trying to promote one over the other. We will then sit back and let the managers make a selection. Based on the prospective customer’s choice, Countrywide prepares a financial health plan for that employer. We will provide streamlined administration and superior membership services. We also maintain ongoing communication with the customer and our business is professional and transparent.
Productive employees have a lot on their plates and reducing financial worries is in the best interests of an employer. Our services can help good people relax and devote more time and energy to performance goals. If you have any questions about our benefits, you are welcome to contact us when it suits you. We welcome all opportunities to explain how we can help.
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