Author Archives: The Village Family Service Center

Financial Regrets

The recent National Foundation for Credit Counseling (NFCC) online poll allowed consumers to select their greatest financial regret. Of more than 2,200 respondents, 53 percent indicated that habitually overspending was what they regretted most. Overspending far outweighed other financial concerns … Continue reading

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Free Homebuyer Education Class

The Village Homebuyer Education program is one of several services we provide as part of The Village Family Service Center’s Financial Resource Center, or FRC. The Homebuyer Education Seminar includes an eight-hour class and an individual financial assessment. Homebuyer Education … Continue reading

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For Better or Worse, Children Learn Financial Skills from Parents

According to the National Foundation for Credit Counseling (NFCC) 2012 Financial Literacy Survey, 44 percent of Americans indicated they learned the most about personal finance from their parents or at home. By contrast, consider that only 10 percent said they … Continue reading

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Eager to Improve Your Credit Score?

According to the March Financial Literacy Opinion Index hosted on the homepage of the National Foundation for Credit Counseling (NFCC) website, www.NFCC.org, a strong majority of consumers, 56 percent, selected “improving my credit score” as the personal finance area in … Continue reading

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FINANCIAL LITERACY SURVEY EXPOSES GAPS IN PERSONAL FINANCE SKILLS

In recognition of Financial Literacy Month, the National Foundation for Credit Counseling (NFCC) and the Network Branded Prepaid Card Association (NBPCA) today released the results of the 2012 Financial Literacy Survey. In its sixth year, the survey annually provides data … Continue reading

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5 Common Financial Mistakes Young Adults Make

The below is from an extraordinary blogger named Ryan who pens about the trials and tribulations that face young adults at http://www.lifefreshout.com. LifeFreshOut is a site dedicated to discussing life as a young person in the ‘real world’ ranging from … Continue reading

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No Dollar Days

Post by Ben Lien When I was asked to write a blog for “Real Money”, I thought it would be a great opportunity. I enjoy writing and it is always good to share financial tips with other people. The only thing I … Continue reading

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Why You Need A Home Inventory…Now.

Putting together a home inventory…It is easier before a disaster than afterwards.  Adapted from the Minnesota Department of Commerce and http://mn.gov/commerce/insurance/images/Home-Inventory-Checklist.pdf:   You’ve just finished enjoying the New Year’s Day bowl games on that big high-definition flat-screen TV you got for … Continue reading

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Struggling with your Mortgage Payment Due to Unemployment?

Through MHA’s Home Affordable Unemployment Program (UP), depending on your situation, your mortgage payments may be reduced to 31 percent of your income or suspended altogether for 12 months or more. There have been enhancements made to the government’s Making … Continue reading

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USE LEAP YEAR TO GET YOUR FINANCIAL HOUSE IN ORDER

If there’s one thing everyone wants, it’s more time, and that’s exactly what we have this year. A once every four-year phenomena of the calendar known as Leap Year is providing us with 24 extra hours this February 29.  For … Continue reading

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