The AFCPE Blog is designed to provide new and insightful personal finance information for financial professionals – information that can be shared with both clients and consumers and provides new insights into education and practice.
In an ideal world, everyone could afford to pay cash for all items. Until that day arrives, establishing and maintaining good credit is important, because often we need credit to purchase high-priced items such as houses, cars and furniture.
Credit, Saving, Retirement
Saving for retirement has always been a challenge, but it's harder than ever for many Americans today. One in three people have no retirement savings at all, and more than half of all adults have saved $10,000 or less.
While a penny may not seem like much, it can be a powerful tool to teach valuable financial education lessons – while not breaking your own bank. Teach your children the value of every penny and the impact that each cent makes toward a financially secure future.
Both AFCPE & NEFE envision a future where people are empowered to achieve financial well-being through quality information and services. As a result of these overlapping visions, there is much common ground in our work.
When you teach financial concepts, how do you help your clients or audience understand the concept?