Community Roundup: PFCU 2-Part Credit Webinar Series, Belmont Charter School FAN Club Graduation, and Four Seasons Philadelphia Money Management Webinar
On Thursday, November 5, PFCU’s Erin Ellis held the first of a two-part webinar series about credit for 80+ PFCU members. During the webinar, Erin discussed some credit basics, including the difference between a credit report and score, as well as why each is important; what makes up a credit score and how it effects one’s ability to borrow money; how interest is charged and how to avoid or minimize it; the term “no credit” or a “thin file”; and how to build credit and improve one’s score.
On Tuesday, November 10, Erin hosted a socially distant FAN Club graduation celebration for students in Belmont Charter High School’s STRIPES program. During their FAN Club sessions, Erin chatted with the students about money values and how they influence our financial choices. In addition to participating in the FAN Club, the students in the STRIPES program meet weekly with local entrepreneurs to learn about running a business and community leaders who are currently successful so that they can create their own business throughout the course.
PFCU’s Erin Ellis (left) with Belmont Charter High School students at their outdoor FAN Club graduation celebration on November 10.
On Thursday, November 12, Erin hosted the second installment of the credit webinar series for PFCU members. During this specific webinar, Erin focused on paying debt and increasing one’s credit score. She helped members understand the importance of reviewing their credit report and the steps one can take to find and dispute errors; learn how to prioritize debts; learn best practices for paying off credit card debt and improving your credit score; and explore last-resort choices for out-of-control debt.
On Wednesday, November 18, Erin led part two of a three-part money management webinar series exclusively for employees at The Four Seasons. During the webinar, Erin talked about the basics of budgeting, specifically as it relates to income and expenses, and those who attended the webinar were entered to win a gift card in a raffle. Erin previously discussed savings and goals during the first webinar in October, and will discuss how to create a cash flow budget during the final webinar of the series on December 16.
If you are interested in hosting a seminar in your community or at your place of employment, PFCU’s seminars are always free and offered on a variety of topics. We will work with you to schedule the most convenient time for a virtual seminar. If you would like to schedule a one- or two-hour financial education seminar, please contact Erin Ellis at financialeducation@pfcu.com.