MoneytalkFF

Debt Elimination

Life-Skills:

  • Understand what debt is and how it works
  • What are the benefits of getting your debt paid off
  • Identify different types of debt – line of credit, revolving, etc
  • Dangers of co-signing
  • Pros and Cons of debt consolidation
  • What do you do when the minimum debt payments are more than you have available to pay them
  • Best practices, tips, and strategies for staying out of debt
  • How to use credit to improve your FICO credit score while not spending money on interest
  • What is the Fair Debt Collection Practices Act (FDCPA)
  • Why you need to know about the 1099-C tax form

Volunteer Opportunities:

  • Review the workshop materials annually to ensure the information is up to date and complete

Donor & Sponsorship Opportunities:

  • Printing students worksheets and workbooks
  • Host a workshop at your location for new or youth account holders
  • Offer a fee waiver, reduced interest loan rate, or other benefit for clients who complete financial workshops or coaching

Opportunities to help your clients and employees:

  • Offer a fee waiver, reduced interest loan rate, or other benefit for clients who complete financial workshops or coaching
  • Host a workshop at your location for new or youth account holders
  • Host a Lunch N Learn, 1/2 day, or full day workshop
  • Employee Benefits can be offered to help cover cost of financial workshops and coaching.