For those individuals that have
concerns about their credit, we have instituted a Financial
Fitness Program, “Money
101.” This program consists of four classes
once a week for four weeks. The program covers all of
the basic fundamentals that a person should know about
their finances and how to begin correcting their credit
in preparation for homeownership. The contents
of this program are structured around the following areas:
Banking and Services/Money Management
Savings and Credit
Debt and Rebuilding Credit
Predatory Lending and Identity Theft and Energy Star
Money
The workshops consist of PowerPoint
presentations and group exercises that will help better
facilitate the importance of getting one’s personal finances in
order. Individuals will also meet with a counselor
to review credit, housing expenses and develop an individualized
action plan once they have completed the classes.
If you are interested in attending a
Money 101 session please email us at mabreu@nassaucountyny.gov or
call us at 516-572-1903 to register for the next available
session.
Class Agenda
Class 1 Banking Services/Money
Management
Benefits of checking accounts
ATM & Debit card tips
Understanding & Controlling Finances
Setting up a budget
Tracking your expenses
Class 2 Savings & Credit
Pay yourself first- Strategies to reduce spending
Saving for financial goals & the unexpected
How credit affects us
Characteristics of a credit card
Healthy credit use
Potential problems with credit card use
Guest Speaker
Class 3 Debt & Rebuilding Credit
What a credit report is & how it is used
How to get a credit report
Repairing & maintaining good credit
Tips to avoid debt
Resources for debt management
Guest Speaker
Class 4 Predatory Lending & Identity Theft
Avoiding predators-Predatory vs. Sub-Prime
How to avoid scams
Your rights as a consumer
Techniques to protect your identity
What to do if you become a victim
