Workplace Tyco Federal Credit Union Financial Literacy Series goal of reducing employee stress due to financial education
Menlo Park, CA (openPR) 28 September 2010
If you think money management on such a road map to a very few people look at a highway right of point A to point B. Instead of dealing with money? especially in recent years? characterized by twists and turns, steep hills, potholes and detours.
dealing with financial irregularities donâ in the street? t easy. Financial stress at home can lead to problems at work, including decreased productivity and increased absenteeism.
itâ? why Tyco Federal Credit Union offers roadside assistance for employees Tyco Electronics as a financial literacy seminar series.
â? Navigating the New Economy is Tyco Federal Credit Union? s three-part series for the management of financial stress, understanding your credit report and credit scores, and creating a budget and stick to it, â? Jason said Vitug, Vice-President? Workforce development, Tyco Federal Credit Union. â? Within an hour our seminar addresses the question of financial burden. Most people are afraid to talk to anyone, including their spouse about their financial burdens. Itâ? Not a happy situation, and that stress is transferred to the workplace, and lowers his morale. Our seminars are designed to start the conversation, because the financial stress affects everyone, and we can help each other by sharing success stories and resources.â p> ????
Vitug said that the seminar participants learn more about the basics of money and finance, the more they can build a solid foundation to make better financial decisions. â? I turn to the culture of blame in our society and the habit of spending, â? Vitug said. â? I declare that it is normal to apply for loans, but it? It is important to ask questions, read the fine print and look at the overall cost of borrowing. Financial decisions can make a great impact on the financial well-being in the future. I encourage people who have more responsibility for their spending, which is to existing resources and control over their> ????
Linda Grant, Tyco Electronics Beauty captain added: “The provision of financial education at a time when the country began to hear” economic crisis “so that was a real advantage and train employees to ease their fears, concerns, and? concerns brought. Jason Vitug insight, enthusiasm and confidence, with financial seminars. I talked to an employee who has been used recently, which Jason has learned to develop an action plan with its lenders and to lose them their home. The employee said, he would never know, these calls, if it hadn t have participated in the seminars. Find out more about an investment plan or how credit scores work offers great value and an opportunity for employees to increase control feel in uncertain times. “Navigating the New Economy
seminars which were attended by over 7,000 employees Tyco Electronics National in more than 30 locations since 2009. â? It is a highly acclaimed series of seminars and asked: â? Vitug said. â? In fact, Tyco Electronics employees rewarded for their participation. You get 25 points corresponds to health for the rewards program with their medical plan. The seminars are free of charge to our sponsors as part of the service we offer them credit> ????
Tyco Electronics and Tyco Federal Credit Union took the initiative in the nation, by helping to meet financial literacy in the workplace and the needs of its employees. The financial seminars for staff of all teams available.â? Wea? ‘Ve done seminars for 5 hours until midnight, â? Vitug said. â? We understand that our influence should not of those who work limited the 9 to 5. We can take to ensure a dedicated team for all, and the results were amazing.â? Connie, an employee from Middletown, Pennsylvania said: “.. I really enjoyed the seminar, it was very informative and a nice presentation should be free of all employees through training to follow our well-being.”
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to www.TycoCU.coop
Tyco Federal Credit Union is an independent, nonprofit, cooperative financial services network to more than 7,300 member-owners worldwide and assets of 5 million euros. The field of membership includes fund of Tyco International, Tyco Electronics and Covidien employees and their families. Tyco Federal Credit Union is a cooperative of independent financial advice and is not with Tyco International, Tyco Electronics, Covidien, or affiliated with one of its subsidiaries or current or former partner. More information on Tyco Federal Credit Union and its Member States services, visit www.TycoCU.coop.
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Debt reduction