Financial Education
We believe that you can accomplish all of your financial goals with education and coaching. We provide workshops on topics such as money management 101, banking products, credit basics, savings and retirement preparation.
Workshops occur twice each month and are open to all community members. Advance registration is required.
We partner with financial institutions to ensure that we provide tools that help you make informed choices about your finances and put you on the path to success.
Money Management and Debt Reduction
Creating a budget is the best way to improve your money management behaviors. It allows you to understand how much money you need each month to pay for your necessary expenses and to reach your financial goals.
Work with a financial coach to create a balanced household budget based on your monthly income and expenses. Your coach will help you review the amount of debt you owe to creditors and create a realistic payment plan to pay those amounts down and improve your credit situation. You will gain a better understanding about your relationship with money and you will gain tools to improve your behaviors to
decrease any debt.
Coaching for Financial Fitness
Participants in our coaching program have the opportunity to meet. 1-on-1 regularly with a financial coach to work towards improving their financial strength.
Your Financial Coach will work with you to create your customized approach to improving your financial fitness.
Financial Coaching will help you to develop
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A customized budget to achieve your financial goals
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An improved credit score
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A safety net of savings (at least 3 – 6 months of monthly expenses)
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Reduced debt: payments = less than 40% of monthly income
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Credit access: credit usage no more than 30% of the total available
Goals of Coaching
Get Out of Debt
Getting out of debt allows us to have financial freedom. It helps us improve our credit opening new doors for new investments.
Understand Your Credit
Understanding your credit further allows you to make good choices to improve the actual credit score. This score is important in the process of buying a house, car, receiving loans and more.
Create a Household Budget
Creating a budget helps us allocate money in smarter ways without overspending. This sets us up for a future in which we have savings for emergencies or that family vacation you've been dreaming of.