January 28, 2021

Legislature works to reform Vermont unemployment

first_imgNow that Vermont has had to start borrowing federal money in order to pay unemployment checks, the Vermont Senate Economic Development committee is working to reform the state’s bankrupt unemployment fund. The committee is trying to strike a balance between the financial burden of the reform on employers and labor. The proposed plan would raise unemployment taxes for businesses over a three-year period, bringing it from the current base of $10,000 up to $18,000. Maximum weekly benefit checks for the unemployed would go down from $425 to $400, and there would also be more strict guidelines around who may qualify for benefits.(Source: WCAX)last_img read more

Posted in ansjcxnqjiidTagged ,,,,,,,,,,,Leave a Comment on Legislature works to reform Vermont unemployment

How to manage your financial stress

first_img 144SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Tyler Atwell Web: www.cuinsight.com Details Focus on the positiveIf you’re in debt, it’s a lot easier to focus on the negative, than the positive. But staying positive can help you remain calm and clear your head. List out the positive aspects of your money management skills so that you can clearly recognize your financial strengths. You may be able to expand on those strengths to provide some solutions to your problems.Look back at your budgetGo over your bills and expenditures with a fine tooth comb. There are always things that you can cut back on so try to reduce any expenses that you can and put that money to better use. Setting up an emergency fund, paying off debts, and putting money towards retirement are all good options.Stop comparing yourself to othersIt is human nature to feel jealousy when you feel like you’re missing out. In fact, most salesman use that to their advantage when trying to sell you something. Avoid the fear of losing out by not comparing yourself to those around you. You don’t know their financial status, they may have material wealth, but could still be worse off than you.Meet with a professionalIn most cases, stress comes from the unknown. If you don’t understand your finances that can be stressful, but it will only get worse if you don’t ask for help. Before things get out of hand seek someone who deals with similar situations every day. They may inform you that you are in better shape than you thought.Embrace that concernYou shouldn’t be worrying about money all the time, but a bit of worry can help you stay aware and keep your spending in line and your savings on track.last_img read more

Posted in oqncgsaocypuTagged ,,,,,,,,,,,Leave a Comment on How to manage your financial stress