NEWARK, N.J., Aug. 30, 2017 - The gig economy — the increasingly popular employment model where people work as independent contractors rather than employees of companies — has a destabilizing effect on personal financial security, a Prudential Financial, Inc. (NYSE: PRU) survey shows.
For far too many college students entering their senior year, student loan debt is causing more sleepless nights than final exams—but not for Eve Mahaney, a Class of 2018 photography major at Ithaca College and daughter of Jim Mahaney, Prudential’s vice president of strategic initiatives.
Caps and gowns, hugs and hurrahs, flowers and camera flashes filled the plaza outside The Prudential Center in downtown Newark, N.J., following a recent Rutgers University-Newark commencement ceremony. Many of the Class of 2017 acknowledged the sacrifices made to get them there. Those with student loan debt, however, discussed the sacrifices they have yet to make.
If you were hit with a financial emergency today, like an unexpected medical cost, a car repair, there’s a good chance you couldn’t cover it. In fact, according to a new Prudential report, more than 60 percent of Americans don’t have enough savings to cover a $500 emergency.
NEWARK, N.J., May 16, 2017 - Prudential Financial, Inc. (NYSE: PRU) has deepened its commitment to the financial wellness of American families. The company announced a three-year $5 million partnership with the Aspen Institute to advance solutions that increase financial security for all American workers, and armed employers with new tools and resources to help them to understand and improve the financial health of their workforce.
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