HUD Office of Housing Counseling’s Post

Build a legacy of wealth for you and your generation to come. Multiply your finances with competitive interest rates and grow your finances over time with us. #BerkshireFinance #LegacyBuilding #GenerationalWealth

It's National Financial Literacy Month, which means we're thinking of the four financial pillars: debt, invest, budget and save! 1️⃣ Debt is borrowed money that you owe, like a credit card or loan. 2️⃣ Investing is putting money into an account or assets to grow a profit over time. 3️⃣ Budgeting means totaling up your expenses to make sure that money going out isn't more than money coming in. 4️⃣ Saving is an essential part of securing your financial future. This could include creating an emergency fund or a bank savings account. Our homeownership education and counseling classes go over many important aspects of finance, including understanding credit, managing money and more! Learn more here: https://bit.ly/454YRw9

In light of back-to-school financial stress, Nick Charalambous of Alpha Wealth shares six ways to help parents better manage family finances to give their children the best financial start possible. “There’s nothing more stressful than taking out loans to fund your child’s start in life and being burdened with high interest rates,” Nick Charalambous, Financial Advisor and Managing Director of Alpha Wealth, says. While saving the monthly €140 children’s allowance in a bank account is common practice, Nick explores more strategic options to help you better manage family finances and give your child the best financial start possible. ➡ Read the article: https://lnkd.in/epZczEXN

Be sure to do your homework before taking out a #studentloan. Ask a school financial aid counselor to walk you through the options. Take time to plan how much you’ll need to borrow, understand what repayment will look like once school is over & don't borrow more than you'll need.

COMPARING COLLEGES it is more than programs and financial aid College financial aid offers- Be careful when comparing Check out my blog post https://wix.to/bII8VwY #newblogpost#CollegeComparisons #Collegecost #finacailaid #Graduatinghighschool #Collegebudget FAFSA #Scholarshios #payingforcollege

☔ WHAT IS A RAINY DAY FUND? ☔ A rainy day fund, or emergency fund is an amount of easily accessible cash savings that can cover three to six months of outgoings in the event that your income is iterrupted. I always recommend this as the very first step in my clients’ financial planning. Ensuring your bills; such as your mortgage, utility bills, school fees or loans be covered in an emergency is the first step to financial peace of mind. #emergencyfund #rainydayfund #savings #financialfreedom

As you start or complete milestones like graduating high school or college, your finances need to adapt with you. We have some helpful tips to get you started. 👇 💡 Read more on our blog at https://bit.ly/3PNkJa4. #centrisfcu #creditunion #financialeducation #financialtips

If you have a child in college or will be attending college in the fall, there has recently been a change to the Free Application for Federal Student Aid (FAFSA) form in December 2023 If your student expects to receive financial aid in any form, whether it be scholarships, financial aid, or HOPE, it is important to complete this form. Check out this video for more information!

🌟 Unlock the Power of Your Home Equity! 🌟 Thinking of renovating your kitchen, consolidating debt, or funding your child’s education? Your home equity can be the key! By leveraging your home’s value, you can access funds at a lower interest rate compared to traditional loans. It's a smart way to make your home work for you, providing financial flexibility and peace of mind. Let me show you how you can put your home equity to good use and achieve your financial goals. #HomeEquity #FinancialFreedom #SmartInvesting #HomeRenovation #DebtConsolidation #EducationFunding

It’s graduation season! Check out these great financial tips from Centris as you or someone in your life starts their next journey! #centrisfcu #financialeducation