Budgeting is living within a framework that you create with the goal of ensuring that you consistently have enough money for necessary expenses, it also allows for expenses for things you want but don’t necessarily need. Working regularly with a budget you can help keep you out of debt and even save money for important things like retirement, large purchases or even travel. Simply put, a budget can help you get more out of life.

Money Fit by DRS whole-heartedly supports financial literacy month while also encouraging our partners, citizens and clients to promote financial wellness year round.

You should review your credit at least on an annual basis. Since 2004, all American adults have the right to view their credit reports from the three major consumer reporting agencies, or CRAs (Equifax, Experian and TransUnion) every twelve months.

Are you asking yourself, “How can I spend my Tax refund?” Let’s look at ways you can make your tax refund work for you. Use our Tax Refund Calculator to help you determine what do to with your tax refund this year.

PowerCash is a small amount of your current spending that you can “redirect” toward your goals with as little pain as possible. While it may seem small, the savings can boost your finances to the next level!

Here’s a list of situations and behaviors that, if you recognize them in your own life, call for your time and urgent attention in order to avoid financial problems.

Talking to children about money can appear hard. Parents my fear that they are not appropriate role models, or they believe that the money talk can wait until their child is ready to head off to college.

Fixing your expenses can make your finances easier to mange. The more fixed your expenses are, the better. The more periodic your expenses are, the more financial crises you will likely experience.

Credit myths pervade our society. Blogs, Facebook posts, Tweets, Pins and Snaps fill the Internet with misinformation and misguided tips on building or rebuilding your credit rating. Here are the top 5 credit myths to be aware of.

Unfortunately, poor money management often includes poor spending behaviors. It seems that human nature dictates that, as long as there is no plan in place, the more money you earn, the more money you will spend.

Having hope will help us reach our financial goals. With hope, we believe that our future will be better than our present. We stay alert and make ourselves aware of what is going on around us that can benefit us.

To prioritize your purchases, start with needs and secured debts and move to wants and unsecured debts. Use this list to give direction to your spending.

A credit freeze means that the consumer reporting agencies cannot provide your credit information to anyone for any purpose until you request the credit reporting agency “thaw” your report.

These personal finance books captured my attention with their promises of realism, simplicity, or direct approach to the subject of money management.

This year I plan on reading with a purpose and am adamant on finishing the year with at least 12 books read. I’m looking for quality money management and inspirational books.

Most tips and suggestions for better personal financial management fail because more than half of American adults share financial responsibilities with another adult. If you are married, you already know that money management is not a personal but a household thing.

What’s your definition of financial success? I believe that financial success is the extent to which we achieve our financial goals. Let me explain why.

Let’s examine three positive money management characteristics St. Nick role models for us. It’s pretty obvious to me that Santa is a giver, a saver and a list-maker.

I really don't like paying bills. It's not that I struggle with having the money to pay them, it's more that I simply have a poor physical reaction to forking out my hard earned money. I've been this way for as long as I can remember. 

Getting a late start on retirement savings can be challenging but it isn’t impossible. Don’t get defeated, instead find motivation in setting manageable goals!

In hindsight, the 52 Week Savings Challenge feels a bit off the mark. While true, something is better than nothing, if half of Americans have no savings, they'll likely need to cover more ground quicker but more even keel. 

Wouldn’t it be helpful if you could know ahead of time when an employee is about to ask you for a paycheck loan so you can be prepared with a well-thought out response?

Experienced HR professionals, CEOs, executive directors and managers know this from experience. Fortunately, most employees know they are expected to leave their personal issues at home and not let them affect their work.

Employers typically play an authority figure role in the lives of employees. Such credibility, when used properly, can provide employees with important guidance and help in their lives outside of work.

How can you, as an employer, approach employees that you believe are struggling with debt? Let’s look at some of the signs to look for and what options we have in regards to addressing the potential issue.

Your benefit package can hold the key to helping employees overcome their financial weaknesses and deliver the tools and resources to assist them in becoming financially fit and prepared.

With financial wellness programs still being relatively new to most leaders, it can be easy to get lost in the process of finding a provider with the right services in the right location at the right time and for the right price.

Invest in a tailored Financial Wellness Program to Maximize Outcomes - If you’ve landed on this blog, you may be among the hundreds of company management teams that have realized the irreplaceable benefits of providing workplace financial wellness to your employees.