Online Resources

 

 

Explore the below links to find other resources that can help you become more financially secure and money smart.

 

NEW! Credit Card Guide

ConsumerAffairs has put together this great and insightful guide on what you need to know and look for when debating on opening up a credit card. This guide will give you a host of reviews on different cards and companies, as well as give you comparison criteria for how to decide between different credit card offerings. If you are looking to dive into a credit card for the first time, this guide is perfect for showing you what aspects of the card you need to look at! Check out the guide here



Estate planning 

Louisville Metro Government is working to curb the number of vacant and abandoned properties in our community by addressing current properties as well as taking measures to prevent future vacancy and abandonment. One way to prevent your property or properties in your neighbordhood from becoming vacant or abandoned is to ensure that proper estate plans are in place for those properties. Another way is to avoid reverse mortgages.Bank On Louisville is joining the Metro VAPStat initiative in educating our community about ways we can prevent property vacancy and abandonment in our community. View and share our fact sheet
 on estate planning, reverse mortgages, and what you can do. You can also view the VAPStat website or call 311 for more information on assistance that is available to you.

 

Bank On and other initiatives 

Join the Bank On initiative. The opportunity to open a free or low-cost bank account and access to financial education help families take an important first step toward financial security.

America Saves Week is an effort aimed at reaching institutions and individuals, and increasing awareness about the need to save money, reduce debt, and built wealth. America Saves Materials includes materials and information for groups participating in America Saves Week.

The FDIC's Money Smart program is a comprehensive financial education curriculum designed to help low- and moderate-income individuals outside the financial mainstream enhance their financial skills and create positive banking relationships. 

The Kentucky Coalition for Responsible Lending is a statewide coalition dedicated to protecting family assets by eliminating abusive financial practices.

Kentucky Youth Advocates is a trusted, independent voice for Kentucky’s children. Theyare the only multi-issue, statewide child advocacy organization in Kentucky. KYA has worked for over 35 years to improve child well-being and public policies that influence the lives of children and families with one of their primary focuses being the economic security of children and families.


The Consumer Financial Protection Bureau

The Consumer Financial Protection Bureau works to make markets for consumer financial products and services work for all Americans — whether they are applying for a mortgage, choosing among credit cards, or using any number of other consumer financial products. The Consumer Financial Protection Bureau (CFPB) offers several user-friendly resources to protect consumers and help consumers protect themselves:

  • To file a complaint about consumer financial products or services (mortgages, credit cards, student loans, bank accounts, credit reporting, auto loans, and more), visit the CFPB Consumer Response Center online, or call 855.411.CFPB (2372). The CFPB call center offers assistance in 190 languages, as well as for consumers who are deaf, have hearing loss, or have speech disabilities. Click here for further instructions. 
  • Make your voice heard! To share a story – positive or negative – about your experience with a consumer financial product or service, click here.
  • Learn more! To find answers to questions about consumer finance, use the Ask CFPB tool. 
  • Get the information you need to make informed decisions about paying for college. The Paying for College page will help you compare costs, make a plan for repaying student debt, and more.


Financial services help

Getting the Most from Your Bank Account, an article by the FDIC, contains information on checking and savings accounts, electronic banking, and debit, credit, and prepaid cards. It includes a self-test that can help you "comparison shop" to find the bank or credit union account services that best fit your needs, as well as tips on how to manage your account safely.

Better Business Bureau's easy, comprehensive website is about financial planning basics, from managing your debit and credit accounts to understanding smart investments. 

Consumer.gov offers a wealth of plain-language resources on how to protect yourself as a consumer, including pages on money management, credit and debt, and identity theft.

The Legal Aid Network of Kentucky offers an interactive form online to assist Veterans in obtaining their disability or pension, as well as other self-help forms they can assist you with such as child support, divorce, and rent issues.


Homeownership

Making Home Affordable is a federal White House program which includes opportunities to modify or refinance your mortgage to make your monthly payments more affordable. It also includes a foreclosure alternative program for homeowners who are interested in a short sale or deed-in-lieu of foreclosure.

HUD, the Department of Housing and Urban Development, has a terrific resources page for informational material as well as educational opportunities in either purchasing a home or receiving assistance in maintaining ownership.


Quicken Loans provides helpful decision making guides, tools and resources on mortgage terms and how to manage mortgage payments. 

Credit help

You can view your credit report from each of the three credit bureaus for free, one time a year. Access your free credit report at www.AnnualCreditReport.com, or call 877-322-8228. Remember, www.AnnualCreditReport.com is the only place where you can access your report for free, and there you'll be able to see your report, but not your credit score. 

Financial Planning Association provides helpful information about what goes into a credit score, and how to maintain a healthy credit score. 

Credit Smart, from Freddie Mack, is a multilingual financial education curriculum and consumer outreach initiative designed to help consumers build and maintain better credit, make sound financial decisions, and understand the steps to sustainable homeownership.


Federal Reserve Guide to Credit Cards helps consumers to be smart when choosing and using a credit card. This site, maintained by the Federal Reserve Board, provides a basic guide to navigating the credit card process.

Apprisen offers a free credit card calculator to show you how long it will take you to pay off your card.

This resource from the Simple Dollar website can help students understand what to look for in their first credit card, what they need to know and look out for, as well as a good product comparison.

BadCredit.org will help you navigate what credit sites are imposters and which ones are actually going to assist you in your search for credit information or credit building help. 

America Saves also offers some tremendous resources on why you need a record of good credit and how important your credit history is to your financial future.

Syracuse Univeristy provides information on what a credit score is, how it's calculated, and why it's important. 


Debt help

Debt.org serves the public with thorough and accessible information on getting out of debt, staying out of debt, and planning for the future. Their site offers a wealth of advice for people at various places in life, includingveteransstudentshomeowners, and retirees. By visiting the site, you can also contact a Debt.org counselor to get free, individualized advice on managing your debt.

The CFPB offers new ways to combat harmful debt collection practices.


Free online money management tools 

Managing your finances is one of the most important things you can do to get ahead and stay ahead of the financial curve. Cash Money Life shares free online money management tools to help you organize and manage your finances, investments, credit scores, and financial documents. 

Changing Your Life Through Better Money Management from Community Action Partnership and the National Endowment for Financial Education: this comprehensive personal finance planning website has advice for setting financial goals, managing funds, and connecting with asset-building resources. It's suitable for individuals as well as case workers who want to share it with their clients.

Smart About Money has an online LifeValues Quiz to learn what's behind your financial decisions as well as plenty of other useful financial calculators and tutorials on budgeting, spending plans, and overall financial health.

Bankrate.com offers several different online calculators to help you plan for credit cards, mortgages, retirement, and many other financial issues.

Apprisen offers several different online calculators that help you deal with home financing, personal financing, retirement, and investments. 

MoneyCrashers.com explains simple steps to making a budget. 


Student Financial Resources

Check out "Dollars and Sense: A Global Look at Student Debt" for information on how students across the world fare as they finance their education, and for tips on what you can do to use student loans responsibly.

Great Lakes is a tremendous informational source on every aspect of Student Loans for current students, former students, and parents. 

The U.S. Department of Education also offers assistance on the Web in terms of accessing your student loan accounts and assistance in gathering information. 

The Kentucky Higher Education Assistance Authority is a great tool to utilize in trying to figure out how to pay for college as well as connecting you with possible sources for education payment assistance. 

College Affordability Guide, learn valuable strategies for reducing your living expenses, including common support programs that can save you money on healthcare, housing, utilities, and more. 

Student Credit Card Guide managed by WalletHub and updated daily. 



Learning resources, tutorials, tools, and games for children and teens

The Great Piggy Bank Adventure® online is a virtual board game that educates kids and adults on the importance of wise financial planning. Designed for kids ages 8-14, kids will learn about important financial concepts and use these lessons to complete the game and achieve their dream goals. 

Real Money, Real World is an active, hands-on experience that gives young people the opportunity to make lifestyle and budget choices similar to those they will make as adults. The curriculum is comprised of six lessons. 

FINRA Learning Materials provides underserved Americans with the knowledge, skills and tools necessary for financial success throughout life. 

Banking Basics teaches how banks operate, with a basic introduction to opening a bank account and putting your money in someone else’s hands.

Fool Proof provides money management tools, articles and videos for young adults.

The Kentucky Higher Education Assistance Authority offers student resources for financing your education and managing your money before, during, and after college.


Resources, tools, and tutorials for adults

ChexSystems Consumer Assistance is comprised of member Financial Institutions that regularly contribute information on mishandled checking and savings accounts to a central location. ChexSystems shares this information among member institutions to help them assess the risk of opening new accounts, but does not decide on new account openings.

Practical Money Skills has a variety of articles, tools and calculators to help you improve your wealth planning process.

Federal Reserve Board’s Building Wealth program is a personal finance education resource for schools, nonprofit community organizations, financial services providers and consumers to help young people, adult consumers, families and others develop a plan for building personal wealth.

National Endowment for Financial Education: The National Endowment for Financial Education® (NEFE®) is the only private, nonprofit, national foundation wholly dedicated to improving the financial well-being of all Americans. 

My Money.Gov is the U.S. government's website dedicated to teaching all Americans the basics about financial education. The resources on MyMoney.gov can help you maximize your financial decisions, including information from 20 Federal agencies and Bureaus designed to help you make smart financial choices.

Right on the Money is an innovative financial education program to reach families with young children, including a four-session course that uses fun children’s books to introduce children to key financial concepts and tools and information for parents.

D2D Fund: Savings Innovations for Lower-Income Consumers

Annuity.org's comprehensive financial literacy guide: an online learning resource to help you self-educate and grow your financial knowledge!

For answers to some of the most common questions about Medicare prescription drug coverage, visit the Medicare Q&A Tool.

 

Social Security

Social Security Calculator helps you decide when to claim Social Security to get the highest benefit.

Social Security Q&A Tool provides answers to your most frequently-asked questions about Social Security benefits.

Social Security Tip Sheets provide guidance on Social Security Issues.

Social Security Webinars allow you to participate online in free, interactive webinars with AARP experts to know more about Social Security benefits.

 

Planning for Retirement

Health Care Costs Calculator helps you estimate how much you will pay for out-of-pocket health care expenses in retirement so you can plan accordingly.

Retirement Tip Sheets provides guidance on saving and planning, investing, managing & protecting assets, and housing & mortgage issues.

Financial Freedom Initiative offers information to multicultural audiences about managing credit, eliminating debt, cutting costs, creating a budget and learning basic investing principles.

AARP Retirement Calculator helps you figure out how, and at what point, to retire when you want.

 

Work and Entrepreneurship Resources

Work Rescources proves information and tools on how to find a job or start a small business.

Job Seeker Tip Sheets are free resources to help job seekers with resumes &cover letters, interviews, job search strategies, career planning, starting a business, and other areas.

Your Guide To Self Employment privdes valuable resources on how to start or grow a small business.

AARP Job Search Engine powered by Indeed.com, search millions of jobs.

Work Webinars are useful for anyone looking for a job or contemplating a career change through online participation in free, interactive webinars with AARP experts.

 


Articles

President Obama's Advisory Council on Financial Capability came together to help all Americans build financially-secure futures for themselves and their families. Read their final recommendations for improving financial literacy, increasing access to trustworthy services and products, and making the complex financial system easier to navigate.

Banking on Wealth is a Brookings Institution study of use of non-bank "alternative" money services  and makes the case for improving low- and moderate-income consumers' access to mainstream financial services.

Citi and LISC Team Up on Program to Help Low-Income Families Build Income, Assets

The Huffington Post: Community Bank Confidential: An Insider's Perspective on Why Community Banks Deserve More of Our Business Now

Discredited: How Employment Credit Checks Keep Qualified Workers Out of a Job is a report from Demos that examines the connection between credit health and employment opportunity, and concludes that the hiring practice of running a credit check on job applicants places many potential employees at a disadvantage.


The Center for American Progress has an interesting article on the rising amount of student debt.