Managing Household and Financial Matters
Career, family, and social commitments can consume so much of your time and energy that you may forget to take care of yourself—or find yourself overwhelmed.
Fortunately, there are resources available to help you with financial and day-to-day household matters.
Managing Household Matters
There are many free and low-cost programs offered by employers; your community; or local, state, and federal governments that can help with personal and professional needs.
Employer-sponsored programs often include assistance programs, such as:
- Family medical leave to care for children and elderly parents
- Child and elder care programs that provide assistance so that you can keep working
- Counseling for legal, financial, and career matters
- Education on financial issues, such as planning for retirement and college
Government or community resources can help with such matters as:
- Social Security
- Child and elder care
- Job seeking
- Veteran’s services
- Caring for people with special needs
Managing Financial Matters
A big part of any household’s success is how well financial matters are managed. You can improve your financial health by:
- Educating yourself on financial matters. Learn the basics about budgeting, life insurance, retirement accounts, and investments.
- Checking with your and your spouse’s or partner’s employer to see what financial tools and other resources are available. Besides counseling on budgeting and college and retirement planning, many employers offer retirement planning and college savings accounts with tax breaks you can use to your advantage.
- Speaking with a financial professional to review your entire financial picture. He or she can help you make the most of your employer’s offerings such as a 401(k) plan; set up personal and college savings accounts; choose a suitable life insurance policy, plan for retirement, among other things.
The Prudential Insurance Company of America, Newark, NJ