Go to Top

Financial Literacy

How Housing Counseling Could Help You

By Lauralynn  Schueckler Whether you are thinking of buying your own home or are already a homeowner, housing counseling can offer valuable help when you need it most. It is a common misconception to believe that housing counseling is only for people whose mortgages are underwater or those who have bad credit.  For those who are interested in becoming a homeowner, housing counselors can offer some compelling arguments to support the …Read More

What to Discuss With Your Potential Financial Advisor– Part 3

 By Gary Silverman We continue the series on how to find a financial advisor. Today we’ll whittle down your list. You’ve found an advisor or three who look like they might be a good fit for you…but how do you know? First, I’d schedule a meeting. Most financial planners and advisors will offer a free introductory meeting so that you can kick their tires and they can see if you’re …Read More

The Importance of Understanding Your Credit Report and Credit Score

  By Lauralynn Schueckler There are many good reasons why you should understand what is on your credit report and what your current credit score is. For example, if you are trying to rent an apartment there are credit checks that are performed on possible tenants by the landlord. If you have bad credit or a lot of late payments, you may not be able to rent an apartment or house. …Read More

Choosing a Financial Advisor – Part 2

 By Gary Silverman Investment advisor, financial planner, financial advisor, stockbroker, registered investment advisor, insurance agent, retirement planning specialist, personal financial specialist…what the heck do all these mean and what do they all do? Heck if I know. You see, some of the designations above require specific licenses, some infer a certain level of expertise, and some don’t have any requirements to them at all. Instead of going through a very …Read More

Choosing a Financial Advisor: Part One

By Gary Silverman People regularly ask me how to choose a financial advisor. After my stock answer of “choose me,” I begin by asking them why they want one. Financial advice means different things to different people. One such person told me that he had some stocks that he wanted to buy and wanted me to buy them for him. Well, that’s not giving financial advice. He did his own …Read More

Using Comic Books to Teach Financial Literacy

By Jason Alderman For decades, millions of kids have faithfully followed the adventures of their favorite comic book superheroes like Spider-Man and the X-Men – sometimes well into adulthood. Although often considered pure escapism, comic books also can serve an educational role – whether it’s teaching the principles of science, demonstrating right vs. wrong, or even helping kids learn how to read. Personal financial management is one of those important, …Read More

ABCs Of Obtaining Credit For College Grads

Recent college graduates are undoubtedly anxious to get on with their lives and do very grown-up things such as enter the workforce, buy a car and upgrade from dorm life to a nice apartment. The reality is that it’s going to take credit to achieve many of their dreams, and if they’ve not established credit while in school, now is the time to start. “Today’s graduate will be attempting to …Read More

The NFCC’s Crash Course On College Credit

For incoming freshmen, college means one thing: freedom. It also is usually a person’s first experience with credit cards. According to a recent study by Student Monitor, nearly two-thirds of college undergraduates acquire their first credit card before age 19. Eighty-seven percent of those are freshmen. While college is full of exciting and new adventures, the NFCC wants to remind college freshmen that these years are critical to one’s financial …Read More

Father Knows Best- Or Does He?

As Father’s Day approaches, many dads begin reflecting on the life skills they’re teaching their children. Nice manners, discipline and a good work ethic top many lists. Not to be overlooked, however, are financial skills, because regardless of whether they are taught formally or by example, parents pass along their financial habits to their children. This concept is confirmed by NFCC’s 2011 Financial Literacy Survey in which the majority of respondents, …Read More

Financial Spring Cleaning Tip of the Day: Live Within Your Means

Simply put, don’t spend more than you make. To accomplish this, put the credit cards away. Many well-meaning people resort to living off of credit when facing a financial crisis, digging an even deeper financial hole. Instead, try living on a cash basis. People who do this typically spend 20 percent less, and they do it without feeling deprived. They buy what they want, but since their level of awareness …Read More