Taking control of your financial health starts with education.
If you are self-employed or own a small business and you haven’t established a retirement savings plan, what are you waiting for? A retirement plan can help you and your employees save for the future.
With prices rapidly rising on everyday items, perhaps your savings plan has gone by the wayside. These tips will help you find more money in your budget –starting with saving at the grocery store.
In the college savings game, all strategies aren’t created equal. The best savings vehicles offer special tax advantages if the funds are used to pay for college. Tax-advantaged strategies are important because over time, you can potentially accumulate more money with a tax-advantaged investment compared to a taxable investment. Ideally, though, you’ll want to choose a savings vehicle that offers you the best combination of tax advantages, financial aid benefits, and flexibility, while meeting your overall investment needs.
We partner with GreenPath Financial Wellness to offer unbiased, empathetic, one-on-one financial advisement to our members. GreenPath’s certified credit counselors offer free assistance with budgeting, general financial wellness, debt counseling, foreclosure prevention and support, and student loan payment. GreenPath also offers a Debt Management Program where they negotiate with creditors on behalf of members enrolled in the program to reduce interest rates and help them repay debts faster. In 2021, GreenPath’s certified counselors assisted 8 SESLOC members with a combined $161,488 in debt pay off $55,656 through the program — that’s a reduction of outstanding debt by 34% in under a year!
Happy birthday! How are you celebrating? Whether you’re going all out or keeping it low-key, your birthday is the perfect time for a financial wellness checkup. Check out these five tips:
Identity theft continues to be more than just a costly headache. Once the bad guys have your identity information they can make repeated attempts to try to access your accounts, apply for credit in your name, and even steal your tax refund.
Unplanned expenses or emergencies are other common life events. A car or house repair, or even a weather-related emergency, can make a dent in our budget. Whether it’s the struggle of delaying immediate rewards for greater benefit in the future or an unexpected expense, people looking to build a successful savings habit often run up against these very human challenges. To help manage these realities, here are five tips we suggest to jump-start your savings.
SESLOC Business Services has tools and resources to help local businesses thrive. Whether your business is big or small, or newly minted or well-established, we’re here to help.
When considered as one big New Year’s goal, it can be overwhelming to know where to begin. To make it possible in the year ahead, here are five tips to commit to your financial health.
Identity fraud goes in and out of the headlines with regularity, and while it can be overwhelming to try to keep up with the most current scams, we frequently hear updates from various news sources about guarding our identities. The latest scams are putting our children’s identities at risk. This month, we will focus on ways to protect the kids in your life from identity fraud.
We are excited to announce that Melinda Bagby has joined SESLOC as Senior Member Business Loan Officer. In this role, Melinda is responsible for initiating new business growth and overseeing business member relationships, with a focus on Santa Maria and Northern Santa Barbara County, plus the five cities area of San Luis Obispo County.
We’ve asked our incredible staff to nominate their favorite 501-(c)(3)-designated organizations. Here are the eight groups we’ve selected for August:
We’ve asked our incredible staff to nominate their favorite 501-(c)(3)-designated organizations. Here are the eight groups we’ve selected for July:
As we celebrate our 80th anniversary, we’re building a more sustainable community for the next 80 years by doing 80 local acts that have a global impact.
As we celebrate our 80th anniversary, we’re building a more sustainable community for the next 80 years by doing 80 local acts that have a global impact.
