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Home / Insurance / Financial health requires knowledge across the country provides both — Legal Insurance Blog — September 8, 2022

Financial health requires knowledge across the country provides both — Legal Insurance Blog — September 8, 2022



stockfresh_7560715_multitasking-woman_sizeS-300x300There are many anxious moments in money management. People understand the importance of taking responsibility, but unexpected emergencies happen. These hit a person’s budget like a tidal wave and create stress.

The challenge is not knowing what to do. Adults can manage common expenses, but medical treatment is expensive and credit card balances spiral out of control. Managing cash is difficult when you don’t know what to do.

Economic well-being depends on knowledge. The more you know about regular expenses, the better the issues are handled. However, it is not easy to get useful information. Podcasts and newspaper articles provide general information. That’s fine, but a person can use tips that solve an individual problem. Nationwide prepaid legal services can help. We have a financial health plan to meet an individual’s unique needs.

Knowledge based on experience

Our benefit uses a national network of certified counselors. We have an advisor in the community for every nationwide client. One-to-one information sharing is our primary way of delivering services.

A nationwide advisor works directly with a member of a financial health plan. Our expert will perform a budget analysis and respond to plan members’ needs. It is a combination of suggestions and education. A counselor can point out some ideas that can help a person better control their finances while instructing them on how to become a more effective money manager.

The counseling sessions can cover a variety of topics. These include:

  • tips on grocery shopping
  • prevention of foreclosure
  • contacts with collection agencies
  • reverse mortgages
  • understand credit reports
  • contacts with collection agencies
  • refinancing.

The intent is to inform Financial Health Plan members about topics that can help someone who wants to manage money wisely.

Special program

We know plan members face extraordinary hardships. Countrywide does not judge the board but instead helps a person solve problems. There are some special programs we provide

  1. Bankruptcy advice and training

People facing bankruptcy can seek help throughout the country. We will provide the credit counseling required before filing for bankruptcy. We also have debtor training that meets the requirement for financial training required by the Bankruptcy Act.

  1. Debt management plan

It costs a little more, but our debt management plan can convince creditors to lower payments, waive fees, lower interest rates and possibly consolidate the debt into an affordable repayment plan. This service costs a little more, but it’s worth every penny.

  1. Residential education

We have a self-study course, Make Your Move, which orients a prospective home buyer to the world of real estate and how to qualify for loans and how much. A significant part of the course provides insights into how to avoid predatory lending practices.

We are looking for help from customers

Countrywide has various financial wellness options that can be part of the employee plan. However, we want to be sure that the nationwide program meets the needs of all employees. The only way to do that is to seek input from management.

We will explain our options to the employer and welcome any questions. The decision makers then get to choose which benefits they want in their plan. These choices will be included in the final planning document.

Countrywide will provide superior member services and a streamlined administration for the benefit.

Knowledge is power! An individual has more control over their personal finances and understands how to do so. Our financial wellness counselors are excellent instructors with the kind of empathy needed to address sensitive topics. We have a complete package of services to offer.

If you want to know more about us, please contact us at your convenience. We have the services your employees need to manage their money correctly and budget more constructively.


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