Welcome to Week 6 of the Stress Management Email Series!

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9 WAYS TO TACKLE FINANCES: SAVING STRATEGIES 7. Retirement Savings Strategies. As an employee of an educational institution, you have the option of a retirement account known as a 403(b). Contributions are made on a pre-tax basis which can greatly reduce your tax bill. The tax savings magnifies as your contribution increases. Your earnings in this fund will grow tax-free until time of withdrawal. Any fund that contributes toward retirement will greatly reduce your stress because saving money ensures a better quality of life after you retire. 8. Improve your Credit Score. Creditors who have scores of 760+ have access to the best rates. Pulling up a low credit score is a long, painstaking process of paying your bills on time, building equity and repaying debt. Don’t get discouraged, it takes time but it will be a rewarding experience when you get to your goal. 9. Coupons! They are all over the internet and phone apps. You don’t have to become an “extreme couponer” but enjoy the benefits of coupons. When couponing, be organized. Use apps that’ll keep track for you or organize paper ones by date and type so they don’t expire. Only buy what you need when couponing. Only clip coupons for products you’ll actually use.
FINANCIAL STRESS AND YOUR RELATIONSHIP Communicate. When you avoid talking about money with your significant other, problems become worse. Financial stress causes everyone to become more sensitive and we may avoid discussion about it. Problems cannot be solved unless they are discussed or aired out. Make a Plan. Set a budget and time each week to sit down and talk about your budget with your significant other. This will help you both stay focused on possible problems. Share Financial Responsibilities. Both you and your significant other should be involved in the finances. One may make a higher income but this doesn’t mean both aren’t equally responsible. Sharing the responsibility keeps the other from feeling over-burdened, which lessens the stress that negatively reflects your relationship. Have an Emergency Plan. Stash some cash away for a rainy day. Setting aside savings could be your saving grace if either one of you lose your job or have your hours cut. *Remember As long as you have a roof over your head and food on the table, things may not be as bad as they seem. Be appreciative that you still have one another.
Page 1 and 2: WELCOME TO WEEK 6 OF THE STRESS MAN
Page 3 and 4: TIPS ON HOW TO DEAL WITH YOUR FINAN
Page 5: 9 WAYS TO TACKLE FINANCES: BUDGETIN
Page 9 and 10: INSTANT STRESS BUSTERS Lie on your
Page 11: ADDITIONAL RESOURCES http://www.ny

Welcome to Week 6 of the Stress Management Email Series!

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