by honeyacademy | Jan 1, 2023 | Savings
Experts agree you should have 3 to 6 months of your salary in savings. Here’s why that’s hard for your employees. Traditional savings advice stops people from taking action In their 2019 report, economists Emily Gallagher and Jorge Sabat challenge traditional...
by honeyacademy | Sep 1, 2022 | Financial Wellness
The advice to use your head, not your heart, might not be helpful after all. We all make tough decisions, but choices relating to money send many of us running in the other direction. Unfortunately, ample evidence indicates that aversion toward financial decisions...
by honeyacademy | Jul 1, 2022 | Credit Cards
Did you know credit card companies want you to make only minimum payments on your credit card bills so they can keep profiting off of you for a long loooonng time? For example, if you have $1,000 worth of credit card debt right now and don’t make any new purchases, it...
by honeyacademy | Jun 1, 2022 | Financial Wellness
Is a high income all that’s needed to be financially well? Well, not exactly. While a higher income might be helpful, it doesn’t necessarily mean you’ll have greater financial well-being. This is because financial well-being has more to do with how you save and...
by honeyacademy | May 1, 2022 | Retirement
What’s the difference between financial coaching and financial counseling through my retirement program? A lot of employers have the same objection to the on-demand financial coaching element of our program. They often have retirement plans that offer financial...