Employers should offer financial advice to employees announced the Chartered Institute of Personnel and Development (CIPD) yesterday.
It turns out that 59% of us are struggling financially, which could cause stress and anxiety-related under-performance at work. And last year the CIPD found that stress was the number one cause of long-term sickness absence in their Absence Management survey. Could there be a connection?!
To help, the CIPD have published a guide for workplace financial education for employers that offers information on creating financial education schemes at work.
We hope financial education schemes are put into place and help because we’ve also been told that our disposable income is at a 9-year low.
And while all this was going on we here at TotallyMoney looked at the best credit cards to take on holiday, switching energy providers for a better deal, mortgage deals for homeowners and first time buyers and identity theft.
This week’s top blog posts
Money Watch blogged about the updates to Google Wallet, and while this is still only available in the USA we’ve got our fingers crossed that we’ll be able to try this out in the UK soon!
Money Principle explains how to get the most out of credit card comparison.
And Money Bulldog put in his two pence on the ECB Eurozone intervention.
We’ve also been mentioned over at James Petzke’s personal finance blog – thank you!