Blog
#MyFinLitStory: Darlette McCormick, AFC®
A Friend Along the WayAs a financial counselor, I often find myself using phrases like “Sister, I feel you” or “Brother, you’re preaching to the choir”. One of the first steps in building a relationship with clients is to establish a rapport with them. Nothing sets the tone better than being open...
April 03, 2019
Read More >#MyFinLitStory: Vanessa McNelley, AFC®
I never knew that learning how to live well on little and living within my means would truly make or break me in life. I learned the "envelope system" from my sweet grandparents growing up. My parents worked long hours and my grandparents taught me about life. I learned to...
April 02, 2019
Read More >#MyFinLitStory: Kristian Brennon
My spark for financial literacy arose from Dave Ramsey’s Financial Peace high school curriculum when I was 16. I was captivated by how freeing a budget could be! Fast forward, in college I worked at a non-profit called Rapha House that provides aftercare and safe houses for victims of human...
April 01, 2019
Read More >#FridayFollow: Where Faith and Financial Understanding Meet
Amanda Burke is the co-founder and author of Camp Change Ministries. She is an Accredited Financial Counselor® (AFC®) with more than 15 years of experience in the financial industry. She is also pursuing the CFP®(Certified Financial Planner) designation.AFCPE: You’ve been an AFCPE Member since 2018, but we just recently were introduced...
March 29, 2019
Read More >#ResearchWednesday: Financial Advice and Other Desirable Financial Behaviors
Research brief contributed by Keith MorelandExciting Findings:The most exciting findings of my paper1 are that obtaining financial advice is associated with improved (more productive) financial behaviors, such as avoiding bank overdrafts, paying credit card balances on time and in full, establishing a retirement account, and checking credit scores/reports. Further, this association is...
March 27, 2019
Read More >#FridayFollow: The Power of Connections
Andi Wrenn, AFC® is a financial counselor who is passionate about helping people make great financial decisions. She is equally as passionate about helping other financial professionals make connections and build a rewarding career. As an early recipient of the FINRA Foundation Military Spouse Fellowship, Andi’s supportive presence has been a...
March 20, 2019
Read More >Behind the Numbers: Understanding the Survey of Consumer Finances
Research is not about numbers but rather, telling a story. In family economics it often is about the relationship of household characteristics such as income and education, to investment decisions, retirement adequacy, and general household well being. A frequently used source of data is the Survey of Consumer Finances (SCF) conducted by...
March 20, 2019
Read More >Financial Literacy Month 2019: Share Your Story!
April is Financial Literacy Month. Let's break the silence. Let's talk about money. #MyFinLitStory “In our culture, money is not only a basic need, but also a measure of success…[and] anything that can be conflated with our sense of value as humans is often difficult to discuss with ease.”1 If...
March 18, 2019
Read More >#FridayFollow: Helping You Take Your Finances to the Next Level
Diana Kyu Yacob is an AFC® and FFC® with a passion for helping anyone with a desire to have a better financial future – whether that’s not living paycheck to paycheck, reducing debt, saving, improving credit, or whatever it is their heart desires financially.AFCPE: When people ask you what you do, how...
March 15, 2019
Read More >#ResearchWednesday: I Think I Can Get Ahead
Perceived Economic Mobility, Income, and Financial Behaviors of Young AdultsResearch brief contributed by Julie SzendreyThis study is one of the first to investigate the relationships between perceived economic mobility (Yoon & Wong, 2014) of young adults and their financial management behaviors, specifically cash management, credit management, and savings and investment (Dew &...
March 13, 2019
Read More >#Friday Follow: Helping People Live in Financial Freedom
Ellie Kay is an author and speaker who has spent more than 20 years working in the financial space. She is also the founder of Heroes at Home, a non-profit company dedicated to providing free financial education to service members and their families. In 2019, Ellie joined the AFCPE Board of...
March 08, 2019
Read More >Making Sense of Cryptocurrencies
Social and traditional media have been abuzz with articles and information about the rising phenomenon of digital currencies. Words and phrases like blockchain, cryptocurrency, initial coin offering, and digital tokens populate our newsfeeds. But what does it all mean, and should you buy in?What is Cryptocurrency?Cryptocurrency, or simply crypto, is...
March 04, 2019
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