Financial Education: When You Know, You Can Grow
Take advantage of tips, hints and tools that can make it easier to handle your finances at any age. Visit the Cinfed Financial Education online any time, anywhere — for free!
Knowledge Is Power: The Cinfed Financial Education Center
Your relationship with your finances is always evolving: each stage of your life brings different needs and opportunities. To meet those challenges, the Cinfed Financial Education Center helps explain how to manage your money – and make it work for you — at no cost.
When you have more information, you can make better decisions. Whatever you want to focus on — such as saving, credit scores, or home buying — there are topics that apply to you.
You’ll have the power to reach your goals — now and in the future. Start by taking a look at the list below.
Just a few ways to learn more about a lot:
MyMoney By Cinfed: Free Financial Education For Ages 14-18
Financial skills are important at any age, but studies show that when young people learn the basics, they handle money better as adults. To help build that knowledge, Cinfed introduces “MyMoney by Cinfed,” a free online financial education resource for ages 14-18.
MyMoney is available anytime, anywhere – regardless of age, school affiliation, or level of knowledge of financial issues. Each segment takes 10 minutes or less to complete and can be used by Cinfed members as well as anyone in the community.
AUTO
LOANS
- The steps to apply for a car loan
- Calculating your payments
CERTIFICATE OF
DEPOSITS (CDs)
- How to calculate your interest earnings
- The pros and cons of CDs, compared to other accounts
CHECKING
ACCOUNTS
- How to select, open, and use a checking account
- Understanding the fees associated with checking accounts
CONSIDERING
HOMEOWNERSHIP
- How to choose between buying and renting
- Determining your financial preparedness for homeownership
CREATING
A BUDGET
- Create a budget or reevaluate an existing one
- Apply strategies to monitor your spending and stick to your budget
CREDIT
CARDS
- The benefits and risks of credit cards
- How credit card use influences your credit score
CREDIT SCORES
AND REPORTS
- Checking and monitoring your credit
- How to improve your credit score
HEALTH SAVINGS
ACCOUNTS
- Eligibility requirements
- Benefits, features, and risks
- How to open and use an HSA
HEALTHY
FINANCIAL HABITS
- Saving and spending wisely
- Understanding how to manage debt
IDENTITY
PROTECTION
- How identity theft happens and the potential impacts
- Strategies to help you protect your identity
RETIREMENT
ACCOUNTS (IRAs)
- How IRAs compare to other account options
- The different types of IRAs
MORTGAGE
LOANS
- How to identify different types of mortgages
- How the application process works and different loans to consider
Own A Small Business? Build Your Skills Here GET TO WORK
Meet Our Financial Possibilities Team
If you would prefer one-on-one financial coaching, each Cinfed branch has a Financial Possibilities Team member ready to help.