Financial Literacy: Important for All Age Groups

We have some solid information and resources to help build your path to financial literacy, stability and growth.

Our guests from BMI Federal Credit Union. Sarah Borland, Vice President of Business & Community Development, and Nancy Sullivan Graf, Financial Education Manager.

We first discuss the differences between credit unions and other financial institutions. There are always pros and cons when we make decisions on where to “park our money”!

Although there have been many problems Americans have faced in their financial situations over the past decade, we can guess that this pandemic has certainly impacted all of our lives dramatically. How are you moving your members to deal with financial changes and to continue to build their net worth?

Are there any particular services or programs that are available to Central Ohioans to help them in planning life’s transitions, such as college education, marriage and home purchases, and of course retirement?

The BMI Financial Education Program has bloomed over the past few years. It concentrates on budgeting, saving, and financing “dreams” such as homes and cars. Nancy gives us an overview of the educational program and how a member can begin.

One other important service is the one-to-one financial coaching available at BMI. Nancy gives us an overview of this service and what it encompasses.

One huge change we have all endured in our financial world is the issue of technology, particularly for older members. We can save money, transfer accounts, pay bills, and much more. Would you give us an overview of the positive changes in technology at BMI and how you assist members with tech issues?

One more issue in online transactions and technology is the security of the systems. Do you have some tips for our listeners on how to do their financial transactions securely and safely, as well as what steps should they take if they think their accounts or information have been stolen?

Retirement is a huge transition for many and we need to be prepared financially. What steps and suggestions can you provide?

We would love to hear from you.

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Recorded in Studio C at 511 Studios. A production of Circle270Media Podcast Consultants.