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.
When individuals seem to be facing the same financial challenges repeatedly, it’s a good bet that their behavior is actually fulfilling an important emotional need. By identifying the motivation and emotional payoffs for their seemingly irrational behavior, they can either work through those needs or use strategies to get their needs met in less financially demanding ways.
Financial coaches deserve the same level of support that they provide to their customers every day.
We’ve all heard the old adage: give a man a fish, and he’ll eat for a day, but teach a man to fish, and he’ll never be hungry again. It was with that in mind that MAX by AccessLex® was designed, to be a sort of personal finance bait and tackle box, if you will. A first-of-its-kind comprehensive, innovative and effective financial education program created expressly for law students. With its in-depth curriculum and multi-faceted approach, MAX was built to drive the knowledge gain and behavior change essential to making sound financial decisions while in school — and in life.
A good credit history is crucial in today’s economy. Far more than just a number, a good credit score is a prerequisite for everyday financial services like a low-cost credit card, a bank account or car loan.