May 2016 OFE Newsletter
FINANCIAL EMPOWERMENT LUNCH AND LEARNS
“I learned a lot as it relates to improving my financial situation. Although I delight in having a really good credit status, there is so much to learn here."
-Captain Mary E. Edwards-Fears St. Louis Metropolitan Police Department
RSVP for upcoming classes by calling 314-622-4700 or visiting our website. Remember classes are FREE, open to the public, and those who RSVP will receive a free lunch.
BY THE NUMBERS
Total number of College Kids accounts opened: 3,143 Total amount saved by families: $1,978.40
“I’m a mother who is looking to send my kids to college. Saving part of my paycheck every month is going to get Jaylen there. I didn’t get to go to college but I want my kids to do better than me. I’m actually going to start increasing how much I deposit now that I see how much it’s grown to in just a few months!”
-Parent Meramec Elementary School
To take advantage of direct deposit like Jaylen's mom, or for more saving tips,
check out the College Kids' website.
SUPPORT COLLEGE KIDS
Mark your calendars! Support College Kids during 1:1 Fund’s June Quarterly Fundraising Campaign from 6/13 – 6/17. Dollars raised by partners will be matched dollar-for-dollar up to $500 per individual donation. For more information about College Kid’s partnership with the 1:1 Fund visit the website.
HIGHLIGHTS FROM SAVINGS NIGHT AT
1ST FINANCIAL FEDERAL CREDIT UNION
Attaining an excellent credit score can seem daunting. Marina Balleria, Operation HOPE Financial Wellbeing Coach, is here to help! On our blog, she recently outlined three steps to achieve an excellent credit score and save $250,000!
Ready to take control of your finances? Schedule an one-on-one appointment or attend an upcoming workshop. All Operation HOPE services are free! For more information, contact us here.
By: Nathan Nelson, Eagle Bank
When I was in college, I had a part time job where I earned enough money to pay rent, buy groceries, make a car payment, and pay for other typical student expenses. Occasionally, I’d have a little bit extra, which quickly became what I liked to call Beer Money.
Unknowingly, I had taken the essential elements required to create and maintain a budget which, like beer, only requires a few essential ingredients to produce… (READ MORE)
The Office of Financial Empowerment could not be possible without unique partnerships crossing all sections of financial education, banking, nonprofit organizations, or philanthropy. To get involved with the OFE please contact us at 314-622-4700 or email gatesL@stlouis-mo.gov.