Numerous studies have proven that children who get a basic understanding of financial concepts early in life are much less likely to have financial difficulties later in life. It may be surprising just how many opportunities parents and grandparents have to teach their children about financial matters early in life.
International Credit Union Day is Thursday, October 19th. And, yes, while it does seem like there is a day designated for everything nowadays, this day allows us to reflect upon the credit union movement’s history and share member experiences
FORUM is dedicated to embodying the cooperative credit union spirit in all we do. That’s why we created the FORUM Credit Union Foundation. The Foundation is committed to strengthening the communities we serve through youth educational opportunities. This includes both educator grants and collegiate scholarships available to FORUM members.
Parents of high school seniors will soon be facing the reality of paying for college and for some this could be a scary prospect. Most parents want to help their kids avoid massive student loan debt upon graduation and even if you are not fully prepared to pay for college there are still ways to help your child even at this late date.
At FORUM, we know the future is dependent on the youth of today. We believe it is extremely important to serve our younger credit union members to help them grow in all areas including education, community leadership, and business etiquette. That’s why we offer FORUM Foundation Scholarships and the Young Leaders Council.
International Credit Union Day is on Thursday, October 20 this year, and it has been celebrated on the third Thursday of October since 1948. Credit unions utilize this day to celebrate the history of the credit union, the credit union movement, and to show member appreciation. It is also a day to raise financial awareness.
Buying a home can be overwhelming but with just a few pieces of information and the right team you can become a smart home buyer. And if you are smart home buyer, you are very likely a much more attractive candidate to the seller and in today’s housing market that is extremely important.
If your son or daughter is heading to college this fall, both you and your child most likely have a lot on your mind – finances, meeting new people, choosing a major, and more. With all of these conversations happening, it’s a great time to talk with your child about the basics of budgeting, establishing credit, and opening a free checking account.