Financial Wellness for Your Life’s Journey
It’s important to start financial planning early and to continuously monitor your financial health as you work toward your long-term goals.
- Early in your career, it’s vital to establish smart spending habits—to carefully track your spending, start saving, build your credit and achieve financial independence.
- If having a family is among your life goals, prepare to handle expenses for child care, daily living needs of children and life insurance to protect your family.
- As you advance in your career, your priorities may change to funding children’s college educations, investing wisely and preparing for retirement.
- In later life stages, it’s important to formalize an estate plan to minimize taxes and ensure that your legal, financial and medical wishes are carried out.
Source: Magellan Health
Tap into your Employee Assistance Program for interactive online resources, wellness tips and private counseling. Log in to MagellanHealth.com/member to get started. When prompted, type in BMC’s toll-free EAP number, 1-800-327-1393.