Find out about all of the benefits of your job. Spend some time with an HR person finding out about all the benefits of your job – you might be surprised at what you might find. The most common employer savings are:
- If the company you work for offers discounted rates for say computers and such, fitness center memberships, movie tickets and passes to summer festivals and sporting events, free personal improvement opportunities, take advantage! Check your corporate intranet or talk to your human resources representative.
- If your employer matches retirement savings contributions, be sure to take advantage of that. Some employers match up to 100 percent of your contributions.
- Use “flexible spending accounts” or FSA’s. FSAs allow you to pay certain medical, dental and child care expenses using pre-tax dollars. Enrollment is once a year with most employers. Also be sure to calculate your minimum medical, dental and child care expenses as if you over pay into these accounts you usually loose the monies.
Next week we will cover potential TV, phone internet savings