At every stage of life, relationships with our spouses, children, and extended families bring us both joy and challenges. Learning to manage stress and understand our emotions and behaviors can help us communicate more effectively with the important people in our lives.
There's no doubt that a college education can be costly. If you start planning and saving for college tuition as early as possible, you can benefit from various incentives and reduce the financial load later on.First, estimate how much you need to save to meet college expenses. Then, research your savings options. Some college savings account options come with substantial tax benefits or other incentives. In each case, carefully consider the potential risks, costs, and limitations before investing any money.
According to a 2016 report from the Federal Reserve Bank, 46 percent of consumers indicated that they either could not pay for an emergency expense of $400, or would need to borrow or sell something to do so. Saving throughout the year can be tough. It may feel like every paycheck is spent before you get it. You might not have access to an easy way to save, like a separate account or automatic deposit from your paycheck.
If you’re going to get a tax refund, it may be the single biggest lump sum you will receive all year. You can take advantage of tax time to prepare yourself for unexpected emergencies, or plan ahead for the future.
Did you know that if you have a balanced personal budget, save for unexpected emergencies, and save for retirement, you create positive health benefits? Financial debt and poor budgeting can impact relationships, psychological well-being, and your ability to retire. You should regularly reflect on your spending, saving, and ability to reach your financial goals. A good first step is a financial wellness check-up.
As our parents and elderly relatives age and experience increased health problems or cognitive changes, completing daily living skills may become more difficult or even impossible. Loss of independence and trouble completing daily tasks can occur incrementally or suddenly. When parents become less able to care for themselves, a family member often takes on the responsibility of assessing whether or not additional help is needed for their parent to continue living independently.
Learn about free services available to DHS employees, including child care support, financial consultation, legal aid, counseling, and more.
Learn about considerations and benefits DHS employees or their dependents who experience work-related injury or occupational disease may be eligible to receive.