Financial Education Center

How Does Your Family-Owned or Privately-Held Business Define Success?

For family and privately-held businesses, wealth generation is woven throughout their prosperity, legacy, and future. Recent insights reveal that for many of these businesses, not only does the pursuit of financial wealth define achievement, but also their legacy building. Let’s explore the strategies and considerations that support the continued growth of wealth within family businesses, while also exploring its significance to the family.

Research Reveals Claw-Back Bonus Schemes Can Lead to Big Losses

The article, “Research Reveals Claw-Back Bonus Schemes Can Lead to Big Losses,” debates the pros and cons of “loss-framed” bonuses, or those pre-paid to sales teams and then “clawed back” if targets aren’t met.

Sharing Leads to Caring: Personal Details Help Cement Coworker Relationships

The article, “Sharing Leads to Caring: Personal Details Help Cement Coworker Relationships” shares the surprising findings from a recent study published in Organization Science on the macro view of learning personal information about colleagues.

Ready to Mentor a Senior Colleague? A Roadmap for Reverse Mentoring

The article, “Ready to Mentor a Senior Colleague? A Roadmap for Reverse Mentoring” discusses what reverse mentoring is as well as the pros and cons of mentoring colleagues in senior leadership roles.

How Will I Manage to Send My Child to College?

Being able to send your child to college is near the top of the wish list for most parents. But, that diploma doesn't come cheap. The best thing to do is to start saving as early as possible, even if you're able to save only a small amount at first. Read more about college savings strategies.

2024 Back-To-School Shopping: 5 Ways to Save On Supplies

The 2024-2025 school year is quickly approaching, which means school supply shopping is also on the horizon. A new report indicates that parents of school-aged children or college students, are expected to pay an average of $541 this year on supplies and clothing.