Real financial wellness tips given by real people

Credit score— the 3 digit magic number that controls your future. While you probably have a general idea of what your credit score means, some things that affect your credit score may surprise you.  Your Payment History Payment history is the main factor affecting your credit score. It accounts for about 35% of your credit score for many …

The coronavirus pandemic has turned many people’s financial lives upside down. But, with the news of coronavirus vaccine trial announcements by companies like Moderna and AstraZeneca is giving us some hope. Many of you may have delayed your major purchases, you will need good credit when you eventually want to start spending again. It’s very …

At Brigit, we are committed to doing everything we can to support you during these difficult times. With that in mind, one of our team members decided to verify the top three cellphone service providers COVID-19 resources. We called all the phone numbers listed on their website, used their online chats, and have put together …

We can all agree that 2020 has been a difficult year so far. Brigit is here to help you save your hard-earned money from payday lenders, bank overdraft fees, and scammers during this coronavirus pandemic. Overdraft fees Overdraft fees are incurred when you spend money than available account balance in your checking account. Banks charge …

There is a lot going on, we know that. It sometimes feels like we’re living in a live action version of Chicken Little (Is the sky actually falling?) Here at Brigit, we want to help you keep track of all your resources and take advantage of whatever is helpful. 1. Use your 401K – before …

The CARES Act, the legislation signed into law to help people affected by the coronavirus crisis, contains plenty of provisions for those saving for and living in retirement. The new rules apply to people, who have lost their job because of the pandemic, those suffering from COVID-19, or who have a spouse with the virus. If you have …

The Coronavirus Aid, Relief, and Economic Security (CARES) Act, contains important provisions that will affect Health Savings Accounts (HSAs), Health Reimbursement Accounts (HRAs), and Flexible Spending Accounts (FSAs). Also, under existing rules, certain changes in your situation may allow you to increase or decrease contributions, or enroll or disenroll from your FSA. Health Savings Account …

As we approach the coming months, more and more concerns are growing around America’s ability to pay rent. With over 20 million Americans filing for unemployment, and this number growing by the day, many are worried about how they will pay to keep a roof over their heads. While the majority of states are offering …

As the coronavirus cases in the U.S. continue to rise, many Americans are losing their jobs. Unemployment during a health crisis can be very challenging since about 49% of Americans get health insurance through their employer. Millions of workers are at risk of losing their employer-provided health insurance. During the COVID-19 pandemic, it’s more important than ever to have …

In the second week of March, we surveyed some of our Brigit members to check how they have been impacted by the Coronavirus Situation. In this blog, we will help you find solutions to some pressing financial concerns by giving you access to resources that you might need during these tough times. Overall how has …

As 22 million Americans are now out of work due to the coronavirus, many don’t have enough money to cover bills and buy essentials. Those trying to make ends meet this month may wind up overdrawing their account and paying hefty overdraft fees.  The country’s largest banks said they’re making adjustments to ensure stimulus payments …

In the second week of  March, we surveyed a group of Brigit users to find out how many of you have health insurance. We found out that about 16% of our users don’t have any health insurance, 65% had insurance from their employer. If you recently lost your coverage due to a layoff or cut …