The need for financial literacy is more important than ever. Topics like managing debt, prioritizing saving, making a household budget, paying for education, buying a home, saving for retirement, creating a rainy-day fund, and on, and on, increase in relevance and significance, especially in turbulent economic times. Yet in the U.S., only 34% of individuals can answer at least four questions on a basic five-question financial literacy quiz correctly.¹ With so much information out there and so much to learn, it can feel like an overwhelming set of topics.

Here at Grow, we’re doing our best to provide timely and ongoing financial literacy education for our members and will keep sharing relevant, helpful resources. Below you can find various topical content currently available on our website:

• Budgeting During a Crisis: Budgeting in a tight financial spot can be tough. Check out these ideas for navigating expenses during difficult times and resources that can help.
• Buying a Car: Shop smart with these car buying tips.
• Buying a Home: Probably the most significant purchase most people will make, buying a home can be stressful. Consider these five steps to prep for buying a home.
• Saving for Retirement: 401(k)s, IRAs and common retirement planning questions answered.
• Seeking Professional Financial Advice: Are you in a moment of life transition, such as graduation, marriage or divorce, the sale of a business or a career change? Learn why and when you should meet with a Financial Advisor to create your personalized financial plan.²
• Navigating Market Volatility: Market ups and downs can make us nervous. Learn six ways to keep a level head with your investment strategy, even in a turbulent market.

We look forward to continuing to share advice and information to encourage financial literacy. Have a topic you’d like to see covered? Let us know by messaging us on Facebook or Instagram! We’d love to hear your input.

¹Financial Industry Regulatory Authority. “U.S. Survey Data at a Glance.”
²Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. The Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members. For specific tax advice, please consult a qualified tax professional.

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• General Education