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Seven Financial Books eXp World Holdings Employees Must Read

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Healthcare Provider Update: Healthcare Provider for eXp World Holdings eXp World Holdings primarily offers health insurance plans through UnitedHealthcare for its employees, ensuring access to a wide range of healthcare services and resources. Healthcare Cost Increases in 2026 As of 2026, healthcare costs are projected to surge significantly due to a combination of escalating medical expenses and the potential loss of enhanced federal subsidies. Major insurers, such as UnitedHealthcare, expect to implement steep rate increases, with some states reporting potential hikes exceeding 60%. For many members purchasing in the ACA marketplace, the expiration of premium subsidies could lead to an alarming spike in out-of-pocket costs-potentially increasing by over 75%. This scenario underscores the urgent need for individuals to strategically plan their healthcare options to mitigate financial impacts as they navigate these changes in the healthcare landscape. Click here to learn more

Navigating the multitude of options available to secure a financially stable future can often feel overwhelming when it comes to personal finance. There are many options and complicated advice available when deciding whether to concentrate on paying off debt, making prudent investments, or increasing income. However, it is possible to become financially independent, as many professionals who have written enlightening books to assist people in this process have attested.

In an effort to simplify this extensive collection of resources, the esteemed Kiplinger Advisor Collective—one of the top organizations in the personal finance space—has selected seven exceptional books that offer priceless financial management guidance.  These choices are tools for changing your financial perspective and behavior, not just books.

Napoleon Hill's 'Think and Grow Rich'

'Think and Grow Rich,' a famous book by Napoleon Hill, is highly regarded as a success guide. It shows that financial success is achievable with a strong belief in one's objectives, a well-thought-out plan, unrelenting pursuit, and teamwork. Dennis Futch of The Tax Shop said that one of the main tenets of Hill's teachings is this idea of self-belief and perseverance, citing the book as a crucial resource from his high school years. eXp World Holdings employees can find great value in Hill's principles, applying them to both personal and professional goals.

William D. Danko and Thomas J. Stanley's 'The Millionaire Next Door'

This book explores the behaviors of those who have subtly amassed riches. It highlights ideas like the importance of compound interest and living within or below one's means. According to Dennis McNamara of wHealth Advisors, the book changed his perspective on wealth and gave hope that anyone from a low-income background might achieve the dream of becoming a millionaire. eXp World Holdings employees can draw inspiration from these strategies to enhance their financial stability.

'Your Money Vehicle: How to Begin Driving to Financial Freedom!' by Collins Jedidiah

The work of Jedidiah Collins focuses on financial literacy, an important but sometimes disregarded facet of education. The goal of his book and the instructional program that goes along with it, Money Vehicle, which has been embraced by schools in more than 20 states, is to give young people the fundamental money skills they will need as adults. Lifestyle Investor Justin Donald supports this strategy, emphasizing its immediate advantages and useful uses. eXp World Holdings employees, particularly those with children, can benefit from the principles taught in this book.

George S. Clason's 'The Richest Man in Babylon'

The everlasting financial lessons found in George S. Clason's book are told through ancient Babylonian parables. It is praised for its simple financial guidance that holds true both now and in the past. This book, according to Wasabi Technologies' Amrita Choudhary, has had a significant influence. She notes that its ideas may be immediately implemented to achieve wealth and financial stability on an individual basis. eXp World Holdings employees can utilize these timeless principles to secure their financial futures.

Dave Ramsey's 'The Total Money Makeover'

Dave Ramsey's strategy starts with debt removal and consists of a number of doable actions leading up to financial recovery. 'The Total Money Makeover' presents a methodical approach to financial planning that prioritizes behavioral modification above intricate financial strategies. This book is recommended by Black Briar Advisors' Stephen Nalley for individuals looking for a disciplined route to financial freedom. eXp World Holdings employees looking to eliminate debt and achieve financial independence will find this book particularly useful.

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Richard Carlson's 'Don't Sweat the Small Stuff...and It's All Small Stuff'

Richard Carlson's book conveys a philosophy that can have a significant influence on financial decision-making, even if it is not solely about money. It shows how important it is to keep your attention on the important things and not get too worked up over little things. Bob Chitrathorn, of Simplified Wealth Management's Wealth Planning division, values the life lessons that extend to personal money. eXp World Holdings employees can benefit from Carlson's advice to maintain focus on their long-term financial goals.

Robert Kiyosaki's 'Rich Dad Poor Dad'

In his books, Robert Kiyosaki promotes financial wisdom and the purchase of income-producing assets rather than frivolous expenditures. Even if he doesn't share all of Kiyosaki's viewpoints, Zain Jaffer of Zain Ventures values his honest analysis on the responsible use of debt. eXp World Holdings employees can apply Kiyosaki's lessons on investing and asset management to grow their wealth.

From strategic planning and investment to comprehending the psychological aspects of money management, each of these books presents a different perspective on personal finance. These books offer a strong basis for anyone, including eXp World Holdings employees, wishing to improve their financial plan to build a thorough understanding of how to obtain and preserve financial independence.

The significance of estate planning in financial literacy is growing, according to recent studies, especially for people who are nearing or have already reached retirement. In 2022, the American Association of Retired Persons (AARP) conducted a survey which revealed that while more than 60% of Americans over 50 acknowledge the need of estate planning, fewer than half have revised their wills or estate plans during the previous five years. This highlights a significant void in financial literacy, which these suggested books somewhat fill by encouraging an all-encompassing method of shielding and preserving one's financial legacy.

It would be as difficult to navigate a wide ocean without a chart or compass as it would be to manage your financial destiny without assistance. Like diverse navigational instruments on a ship, the books suggested by the Kiplinger Advisor Collective serve as your navigational tools, each providing unique insights and techniques. With 'Think and Grow Rich' acting as your sextant, helping you visualize and work toward your goals, and 'The Total Money Makeover' acting as your solid helm, guiding you through the rough seas of debt, these books provide you the tools you need to set a course for prosperity and financial security when you're retired.

eXp World Holdings employees can greatly benefit from the wisdom contained in these books. By integrating their insights into your financial planning, you can steer your financial ship towards a secure and prosperous future. Whether you're just starting your career at eXp World Holdings or approaching retirement, these resources will help you navigate your financial journey with confidence and clarity.

What type of retirement plan does eXp World Holdings offer to its employees?

eXp World Holdings offers a 401(k) retirement savings plan to its employees.

Does eXp World Holdings provide matching contributions to the 401(k) plan?

Yes, eXp World Holdings provides a matching contribution to the 401(k) plan to help employees save for retirement.

What is the eligibility requirement to participate in the eXp World Holdings 401(k) plan?

Employees of eXp World Holdings are eligible to participate in the 401(k) plan after completing a specified period of service.

How can employees of eXp World Holdings enroll in the 401(k) plan?

Employees can enroll in the eXp World Holdings 401(k) plan through the company’s online benefits portal.

What investment options are available in the eXp World Holdings 401(k) plan?

The eXp World Holdings 401(k) plan offers a variety of investment options, including mutual funds and target-date funds.

Can employees of eXp World Holdings take loans against their 401(k) savings?

Yes, eXp World Holdings allows employees to take loans against their 401(k) savings under certain conditions.

What happens to the 401(k) plan if an employee leaves eXp World Holdings?

If an employee leaves eXp World Holdings, they can choose to roll over their 401(k) balance to another retirement account or withdraw the funds, subject to penalties and taxes.

Does eXp World Holdings allow for hardship withdrawals from the 401(k) plan?

Yes, eXp World Holdings permits hardship withdrawals from the 401(k) plan under specific circumstances.

What is the vesting schedule for the eXp World Holdings 401(k) matching contributions?

The vesting schedule for eXp World Holdings’ matching contributions typically follows a graded vesting schedule, which employees can review in the plan documents.

How often can employees of eXp World Holdings change their 401(k) contribution amounts?

Employees can change their 401(k) contribution amounts at any time, subject to the plan’s guidelines.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.
Name of Plan: eXp World Holdings does not offer a traditional defined benefit pension plan. Instead, the company provides a 401(k) plan. Eligibility for Pension Plan: Since eXp World Holdings does not have a traditional pension plan, there are no eligibility criteria related to years of service or age for a pension plan. Pension Formula: Not applicable, as there is no pension plan offered. 401(k) Plan: Name of Plan: eXp World Holdings 401(k) Plan. Eligibility for 401(k) Plan: Employees are eligible to participate in the eXp World Holdings 401(k) Plan upon completing 30 days of service. 401(k) Plan Contributions: eXp World Holdings may offer matching contributions up to a certain percentage of the employee’s salary, though specifics can vary.
Layoffs and Restructuring: eXp World Holdings announced in early 2024 a significant restructuring plan aimed at streamlining operations and reducing overhead costs. This included a reduction in workforce in various departments to enhance operational efficiency. The decision was driven by the need to adapt to a shifting economic landscape, which has seen increased scrutiny on corporate spending and efficiency. Understanding these changes is crucial due to the current economic and investment climate that emphasizes cost management and efficiency.
eXp World Holdings provided stock options and RSUs to senior executives and other key employees. The stock options generally vested over a period of time, typically 4 years, with specific vesting schedules outlined in individual agreements. In 2023, eXp World Holdings continued to offer stock options and RSUs as part of its compensation strategy. The RSUs granted typically vested over a 3-year period, with a portion vesting each year. For 2024, eXp World Holdings maintained its approach to stock options and RSUs, including new grants to employees based on their performance and role within the company. Specific terms and vesting schedules were detailed in the company's equity incentive plan.
Check eXp World Holdings' official website for any sections related to employee benefits, health insurance, or HR resources. Look for annual reports, employee handbooks, or benefits summaries. Search for Company-Specific News: Look for recent news articles or press releases related to eXp World Holdings’ employee health benefits. Use business news sites, financial news platforms, or HR-focused publications. Explore Employee Review Sites: Review sites like Glassdoor, Indeed, and Comparably often have insights into employee benefits and company culture. Examine Industry-Specific Publications: Look into industry-specific publications or platforms that might cover trends in real estate or remote work benefits, which could provide context for eXp World Holdings. Consult HR and Benefits Focused Sites: Sites like SHRM (Society for Human Resource Management) or HR Dive might have articles or reports on trends and practices in employee benefits relevant to eXp World Holdings.
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