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Client Feedback

The CFOSimple software has given me great peace in knowing that our house will be 'Paid-in-Full' in 3.4 years. Before, we had 26 years left on our mortgage. At 60+ years of age now, we would be 86+ years old by the time it would have been paid. We are extremely happy & grateful!

Ann M.

I am ultra conservative by nature. When I first heard about the CFOSimple program, I was very hesitant. I looked into and researched the program for almost a year. After seeing what it did for a good friend of mine, I jumped on board. CFOSimple and their agents and support team have been awesome. It is the best financial decision I have made in my adult life. I wish I would have started a year earlier.

Rob P.

In these economic times, having control over our finances is a relief. Having an actual, attainable payoff date is amazing and keeps us very motivated! Thanks.

Alban M.

I am so glad my husband and I were introduced to the CFOSimple program. It has given us the opportunity to do some remodeling to our home that we would have not been able to do.

Rick & Pauline N.

I am amazed at the progress I have made paying down my debt/mortgage in less than a year. I am not a risk taker and would normally be leery of a program that promised to do what this one does. My only regret is that I did not enroll sooner.

Alison M.

We reviewed the service in December 2007. Our free analysis told us if we followed the prompts of the smart software service, our 11 years of remaining debt would be paid off in 4.4 years without refinancing and little to no change to our lifestyle or budget. My husband calculated the cost of using the program and decided to run several amortizations. He wanted to see if we could pay the debt off as fast or faster by just putting that money on the principle of our mortgage. He concluded that we could not. During our first year, we made 39 house payments, paid off our truck loan, and partially funded our son’s wedding without changing our lifestyle. We were very excited about our results. We are happy to say that after three years and 2 months (March 2011) we are completely out of debt! This is faster than our original analysis and two of those years were after my husband retired from his full time career. The freedom from debt and control of our finances that we experienced when that last payment was made was absolutely wonderful. Our only regret was not having this powerful tool years ago. Thank you for your amazing program.

P. & N. S.
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CFOSimple™ Employee Benefits Program . . .

The CFOSimple™ program goes beyond helping individuals and families achieve financial success paying down debt - it also makes the possibility of accumulating wealth a reality. Employees enter their financial goals and all the variables, CFOSimple™ will do the rest.

 

HR News You Can Use:

Personal Financial Stress Hurts Employee Performance

By Dennis McCafferty on 2011-05-03

Personal finance problems among a few employees wouldn't typically be your concern. Senior managers have often traditionally taken an "MYOB" position on the subject. But, the recent recession has hardly been typical, and it's still . . .

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Employee Personal Financial Distress and How Employers Can Help

Research Works 2009-Feb.

The Issue and Why It Is Important to Business

According to the Federal Reserve Board, in 2008 Americans amassed over 2.5 trillion dollars in personal consumer debt - an average of $8,565 per household. This level of personal debt is up 22 percent from year 2000. This debt is in part due to high interest rates (the average credit card interest rate in 2007 was 19.1%), higher costs for education loans, unregulated home mortgage lending practices and a lack of increase in inflation adjusted income among many employees. Thus, it is widely recognized that more and more workers in the U.S. are experiencing . . .

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Companies providing financial education show results that include improvement in workplace productivity, employee morale, and company loyalty while reducing absenteeism, turnover, workplace distractions, and operational risk across the company.


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An American Psychological Association survey found that most Americans are stressed and anxious about their financial future. The study reports that about 8 in 10 people identify money and the economy as significant sources of stress in their lives.


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