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What you need to know about 401 (k) loans and your workforce

What you need to know about 401 (k) loans and your workforce

by honeybee | Jan 18, 2020 | Financial Wellness

401 (k)’s are primarily a retirement savings vehicle, however, in recent years the amount of 401 (k) loans has increased. Employees that are borrowing from their retirement funds are hurting their financial futures. Here’s why. 401 (k) loans explained Employees may...
What HR thinks of the HoneyBee employee benefit

What HR thinks of the HoneyBee employee benefit

by honeybee | Nov 6, 2019 | Financial Wellness

Kathryn, Senior Director of Human Resources, Pasadena Humane Society & SPCA Kathryn, an HR professional of over 25 years, brought HoneyBee to the Pasadena Humane Society because she wants all of her employees to feel financially secure. It was an easy decision...
Financial well-being has less to do with income than you’d think

Financial well-being has less to do with income than you’d think

by honeybee | Oct 16, 2019 | 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 spend...
Can your employees cover a $400 unexpected expense?

Can your employees cover a $400 unexpected expense?

by honeybee | Sep 7, 2019 | Financial Wellness

According to a survey by the Federal Reserve, 4 in 10 Americans wouldn’t have the cash to cover a $400 unexpected expense. The study also asked how these Americans would go about covering the $400 expense without having cash on hand. The most common solutions to this...
Why we hate making financial decisions – and what to do about it

Why we hate making financial decisions – and what to do about it

by honeybee | Aug 3, 2019 | Financial Wellness

Author, Aner Sela, Associate Professor of Marketing, University of Florida 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....
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