Looking for Help with Financial Education for Yourself or a Loved One?
Taking control of your or a family member’s financial well-being can be overwhelming. Luckily, resources like The Consumer Protection Financial Bureau (CFPB) provide a wealth of information on key financial best practices and potential hazards.
Established in the wake of the financial crisis of 2007-2008, the website consumerfinance.gov was created with a goal to guide people through the complexities of personal finance. Whether you are a caregiver or a senior wanting to find financial education that is reliable, the CFPB offers a wealth of resources just for you.
Here are a few of the topics you can find at CFPB’s online library:
Understanding Credit
From breaking down terms like APR and credit utilization, the CFPB helps users understand how to maintain a healthy credit score and make informed decisions regarding loans and credit cards.Investing Principles
Dig into various investing strategies from the stock market to real estate in order to build a future-forward portfolio. Browse numerous articles and videos before jumping into investing.Housing Market
Buying, selling, or renting a home can be rough waters to navigate if you are not familiar with the terminology and concepts of the housing market. The CFPB’s housing material provides invaluable knowledge, especially to first-time homeowners or people who haven’t been active in the housing market for a while.Financing Education
Unravel the student loan maze and education financing options through how-to’s and best practice resources.Retirement Planning
The CFPB provides a retirement planning roadmap that focuses on tactics like saving strategies, Social Security maximization, and 401(k) planning.
More Financial Resources Found On The Consumer Protection Financial Bureau
Seniors are particularly vulnerable to fraud and exploitation, so take advantage of CFPB information on:
Caretakers who find themselves in the role of financial manager, responsible for their loved one's assets may benefit from comprehensive guides for:
Court Appointed Guardians
Those appointed by a government agency to manage another person’s income benefits such as social security or Veteran Affairs benefit checks.
How Money Managers Can Help
If you need assistance understanding any of these topics or implementing strategies for your loved one, a daily money manager can help. At Everyday Money Management, our services are often the bridge between financial education and real-world application, offering professional support in managing daily financial affairs, organizing financial documents, and overseeing bill payments.
Contact us for more information!