Nearly half of all employees say financial challenges cause them the most stress in their lives. It’s important to target stress at the source. Through the Financial Wellness Program, the Employee Assistance & Counseling Center provides personalized counseling and various resources designed to help employees cope with financial stressors. This program is here to empower you to take charge of your finances and financial wellbeing.
See the EACC's financial wellness services below for more information.
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Financial Wellness Counseling
Need financial guidance but not sure where to start? An individualized financial wellness counseling session will help you gain a better understanding of your financial situation, while teaching you the best options for managing your finances and paying off debt.
The UAB Employee Assistance & Counseling Center offers free financial counseling services to help you develop a personal financial assessment and take control of your finances. To schedule a one-on-one appointment with an EACC counselor, call 205-934-2281. Virtual appointments available Tuesdays, Wednesdays and Thursdays, from 1-4 p.m.
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Financial Webinars by Request
The Financial Wellness Program offers personalized financial education webinars by request via Zoom. These financial webinars are perfect for staff councils, academic departments and affinity groups. Choose the financial topic that fits the needs of your group, from navigating UAB’s retirement plans to estate planning. With advance notice, we can develop a custom presentation. Submit a request online, and a member of the EACC Financial Wellness team will contact you within three business days to discuss your group’s programming needs.
SmartPath Webinar ArchivesSmartPath webinars for UAB employees are engaging, practical and actionable and cover a variety of financial wellness topics. Archived sessions from the 2020 webinar series are available in the Campus Learning System with a Blazer ID and password.
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UAB Financial Wellness Program
The UAB Financial Wellness Program offers financial tools for early, mid and late career employees, as well as student loan assistance and additional financial wellness resources designed to help employees cope with financial stressors, build financial skills and feel confident about their future.
Visit uab.edu/finwell to explore the variety of financial wellness resources available to UAB employees.
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Financial Tip of the Month
Ways to reduce your summertime budgetKids are out of school; it’s time for fun and relaxation — unless you haven't anticipated the increase in your budget. From the rise in gas prices, higher energy costs and cost of vacations, your budget takes a big hit during the summer. Consider the following to save on those summer expenses.
- Revise your budget: Sit down and revisit your budget. Most people anticipate an increase in expenses during this time. Look at ways to decrease or eliminate some previous expenses.
- Reduce cooling costs: You can cut cooling expenses by as much as 10 percent by raising inside temperatures seven to 10 degrees for eight hours a day. Consider installing a programmable thermostat or ceiling fans in your home. Inspect your air conditioner filter, a regular maintenance that’s easily overlooked but increases your cooling costs.
- Keep kids active for less: Summer camp is an additional expense incurred during this time; studies show that parents spend a minimum of $300 per week on activities to keep their kids busy. Check your local community centers, social media, or your child’s school for cost-saving activities. You may even find some free events.
- Travel smarter: TripAdvisor data suggests you can spend close to 23 percent less if you travel after the early summer rush. Book a hotel room with a kitchenette to save on dining out. Travel in groups to share costs. Plan and purchase tickets during off season.
Look for the Financial Tip of the Month in the UAB HR Monthly Newsletter.