Category: Risk Management

CFPB Under Threat: How DOGE Budget Cuts Could Impact Your Finances and Consumer Protection Rights

The Consumer Financial Protection Bureau (CFPB) has been effectively suspended after acting director Russ Vought ordered all employees to cease activities. This move follows public statements by Elon Musk calling for the elimination of the agency. The CFPB,

Should I Change My Health Insurance Plan?

It’s that time again: open enrollment season. It’s the one time of year when you can choose to change your health insurance coverage through your employer or the state/federal marketplace. Between all of the terminology and plan options, choosing a

What You Need to Know About Applying for a Personal Loan

A personal loan can be a useful tool for paying off credit card debt once and for all. Rather than juggling multiple credit cards with variable interest rates, you can just make one fixed monthly payment. Here is what

6 Low-Cost Date Ideas (For Couples or Friends!)

Dates are supposed to help people connect through fun and conversation. Whether you’ve just started dating, have been married for years, or just want to have fun with a friend, many go-to date ideas like dinner and a movie

How to Talk to Your Partner About Money

Talking about finances with your partner can lead to conflict or it can bring you closer together. No matter how long you’ve been together, it’s never too late to change the conversations you’re having about money (or even to

How to advocate for what you’re worth

Have you ever felt like you’re not getting paid enough? Or have you heard murmurings that others are making more than you for the same job? You know it’s not a good feeling. You’ve probably heard the phrase “Ask

5 Actions To Take Now To Achieve Your Financial Goals

The start of the new year is the most popular time to set new intentions, goals, and resolutions. Sticking with a change is another story: only 7% of people keep up with their resolutions for 12 months or

How to Support The LGBTQIA+ Community With Your Dollar

Pride is so much more than partying, speeches about equality, rainbows, and lots of Gaga.

Money can be such a powerful tool when voting with your dollar. Here are a few ways you can support the LGBTQIA+ community with

How to Automate Your Savings

We all wish there was an “easy button” when it comes to saving. While we don’t have that (at least, not yet!), we do have the next best thing: automation. Automating your savings takes the guesswork out of whether

3 Reasons Why You Need to Stop Freaking Out About Your Credit Score

There’s a lot of mystery around credit scores, and while credit scores do matter in certain situations, most of the time, you can and should stop freaking out about your credit score.

What is Cash Stuffing? And How to Make it Work Today

As many people’s budgets have gotten tighter over the past year, there has been a resurgence of interest in simple but effective ways to manage money. One of those trends you might have caught in news headlines or on

What You Can Learn About Organizing Your Finances From the Home Edit

The popularity of The Home Edit Netflix show has proven that there is something widely appealing about getting organized. Organizing your finances feels just as good as organizing your physical space. Follow the four step organizing method from The

Ask a Trainer: What’s the Best Way to Track My Spending?

At The Financial Gym Advisors, we have the good fortune to have seen a lot of people undergo huge financial transformations. When I see this happen, in an effort to offer the best support I can to future clients,

8 Inexpensive Ways to Boost Your Team’s Mental Health

Let’s be real: it’s been a tough few years and the events of the world have taken a toll on everyone’s mental health. Employers recognize this but wonder what they can do with limited resources. The good news is

What Pleasantly Surprised Me During My Training to Become a CFT

When I heard the Gym was offering the chance to become a Certified Financial Trainer, I had already been a member for over 4 years. Joining the Gym was the first real investment I made in myself, and when

3 Reasons to Offer Your Employees an Emergency Fund

Nearly two-thirds of Americans have either no emergency savings or less than one month of expenses saved for emergencies, according to a report from the Consumer Financial Protection Bureau. Most employers recognize the value of helping their employees save

Your Credit Card Debt Is About To Cost You Even More. Here’s What to Do About It.

Everything is getting more expensive, including your credit card debt. Last month, the Federal Reserve raised interest rates by 0.75%—the largest one-time increase in nearly three decades. Credit card companies factor the Fed’s rate into the annual percentage rates

What You Should Know About Your Target Date Fund

It's the first week of a new job. Amidst the excitement of taking on a new role and meeting coworkers, your HR manager sends you a pile of paperwork to fill out—W2s, health benefits enrollment, the employee handbook. As