Money Talk
OCTOBER 13, 2021
Below are five examples: ¨ Maintain a Low Debt-to-Income Ratio- Keep monthly consumer debt payments (all debts except a mortgage) at 15% or less of monthly take-home pay. Example: $275 of debt payments ÷ $2,500 of net pay equals a consumer debt-to-income ratio of 11% (275 divided by 2,500).
Employee Benefits
APRIL 22, 2024
Jeanette Makings, head of workplace financial wellbeing at Close Brothers Asset Management, says: “Employees will need help understanding the impact in relation to their take-home pay. This will positively impact the net pay of the majority of employees, but might not fully offset potential tax bracket changes.
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