FREE Webinar for College Freshman

Webinars Freshman Facts.fw

Click photo to register

Have a high school grad that’s headed to college? Did you learn some financial lessons the hard way and prefer that your child not make the same mistakes? You’re in luck! This September financial education speaker and author Shay Olivarria is hosting a FREE (yes, that’s f-r-e-e) webinar to give college freshman a leg up.

 

Freshman Facts: 5 Things College Freshman Should Do to Build Wealth

 

GIT-Not-Boring - Green

 

Engage in this dynamic, fast-paced webinar with financial
education speaker and author Shay Olivarria. Participants will learn:

– Where to put financial aid money for best money management practices.                           – How to spend money, have fun, and be responsible.
– What accounts to open to build credit scores.
– Where to put your pennies to become wealthy.
– Pros and cons of available personal finance apps to leverage your current behaviors.

REGISTER_NOW-BUTTON_orange check mark

 

 

Shay Olivarria is the most dynamic financial education speaker working today. Previous clients include: SCE Credit Union, American Airlines Credit Union, the Yorba Linda Water District, Verizon, among others. She has written three books on personal finance, including Amazon Best Seller “Money Matters: The Get It Done in 1 Minute Workbook”. Shay has been quoted on Bankrate.com, FoxBusiness.com, NBC Latino and The Credit Union Times.The 2nd edition of “10 Things College Students Need to Know About Money” is available now.

 

Why Not Write a “Real”Book?

Einstein-simple-Quotes

I get asked this from time to time, “Shay, why not write a real book?” I think people appreciate the books I’ve written:Money Matters: The Get It Done in 1 Minute Workbook, 10 Things College Students Need to Know About Money, All My Mistakes, and now the 2nd edition of 10 Things College Students Need to Know About Money but they think the books are too small. When on thinks of a book, they think of “smart” people talking about subjects or creating characters that the average person couldn’t have put together. The more challenging the book, the better the book is.

Well, that’s not my cup of tea. There are so many really good in-depth books already covering advanced personal finance topics. What wasn’t there until I wrote 10 Things, was an easy-to-read and easy-to-understand book that explained the basics of personal finance for people that are just getting started. When I began learning about personal finance, I had to read with the book on one thigh and a dictionary on the other thigh! Lol I couldn’t understand HALF of the words and concepts that the books were throwing around. Young people and the uninitiated deserve to have a book too.

 

ShayOlivarriaHeadshotShay Olivarria is the most dynamic financial education speaker working today. She speaks at high schools, colleges, and companies across the country. She has written three books on personal finance, including Amazon Best Seller “Money Matters: The Get It Done in 1 Minute Workbook”. Shay has been quoted on Bankrate.com, FoxBusiness.com, NBC Latino and The Credit Union Times, among others. To schedule Shay to speak at your event visit www.BiggerThanYourBlock.com.

Mad City Money – Boyle Heights

The Center for Financial Empowerment teamed up with local organizations in Boyle Heights to host Mad City Money reality fair Saturday, June 21st. As it happens, it was the weekend before the new SCE Credit Union branch re-opened in Boyle Heights! Whoo hoo!

Students listen to financial education speaker Shay Olivarria as they prepare to take part in the Mad City Money reality fair in Boyle Heights.

Students listen to financial education speaker Shay Olivarria as they prepare to take part in the Mad City Money reality fair in Boyle Heights.

Students getting materials for Mad City Money reality fair in Boyle Heights.

Students getting materials for Mad City Money reality fair in Boyle Heights.

Volunteers from SCE Credit Union.

Volunteers from SCE Credit Union.

Helping a Parent With Personal Finance

Parents-Financial-Help-Black-Woman-Mother

It’s inevitable that at some point your parents may need your help paying bills, managing real estate, monitoring insurance, creating a living trust or some other financial piece that you were not helping with before. In some cases a parent will ask for help. In other cases you may have to bring it up first.

Help or Coup?

If you notice that your loved one(s) are having trouble keeping up with their finances, don’t barge in and take over. Your parent(s) are adults with a host of experiences and education behind them. It’s understandable that they might see your involvement as an intrusion.

If you think that your parent(s) may require your help, talk with them about it. Do they think that they need help? If so, what kind of help would they like? The goal is to help your parent(s) in whatever way they might need, not to barge into their lives and make them feel like children.

Some helpful websites:

Medication Donut Hole – If you have Medicare Part D, you may be at risk of falling into the coverage gap, or “doughnut hole.” Follow this four-step tool and save money!

AARP Quicklink – Need financial help for a parent or grandparent, but not sure where to begin?

Social Security Estimator – Find out how much money your parent will be able get from Social Security with this easy calculator.

Medicare – Have questions about Medicare coverage?

National Foundation for Credit Counseling  – Need help paying off a parent’s debt?

Federal Trade Commission – What to do when parent(s) are scammed.

Consumer Financial Protection Bureau – Report financial fraud. Get help!

AARP Tax Help – Tax preparation for low income seniors.

Tips for helping a parent with personal finances:

  • Make a list of everything that needs to be monitored (primary home, rental property, vehicles, checking and saving accounts, investment accounts, pensions, valuable personal property and any items in a safe deposit box.
  • Keep their assets separate from yours.
  • Keep clear records of everything that you’re doing.
  • Include all stakeholders in the information loop.
  • Consider hiring professionals to help. Ex: accountant, financial advisor, insurance agent, etc.

 

Remember, you’re there to help your parent(s) in whatever way that you can. Let them lead the conversation but pay attention to their behaviors.

Good luck!

 

WEBINAR: Pay Off Holiday Debt

Webinar-Pay-Off-Holiday-Debt

In an effort to reach even more people, Bigger Than Your Block will be hosting a series of FREE financial education webinars. The first in the series is Pay Off Holiday Debt. In this informative webinar you’ll discover the two most important strategies to pay down debt, how the CARD Act helps you pay down debt faster than ever before and how to make your credit card work for you!

REGISTER HERE

The webinar is WEdnesday, January 19th 6pm PST/9pm EST.

Update:

In case you missed the live webinar, you can check out the replay at https://www.anymeeting.com/WebConference-beta/RecordingDefault.aspx?c_psrid=EF51DB878048

Seniors Get Financial Education at Western HS in Las Vegas

Financial education speaker and author Shay Olivarria with WHS teacher and SCE representative after a day of workshops at Western High School in Las Vegas, NV for SCE Credit Union.

Financial education speaker and author Shay Olivarria with WHS teacher and SCE representative after a day of workshops at Western High School in Las Vegas, NV for SCE Credit Union.

How  awesome is it to be able to do something that you love and get paid for it? Friday, May 10th Financial Education Speaker & Author Shay Olivarria was in Las Vegas speaking to more than 200 Seniors at Western High School about personal finance for SCE Credit Union Foundation.

High school students in Nevada are required to receive financial education and most take part in an online course, however there is no substitute for the interaction and feedbackloop of working with a live person.

Financial Education Speaker & Author Shay Olivarria talking about compound interest to Seniors at Western High School in Las Vegas, NV for SCE Credit Union.

Financial Education Speaker & Author Shay Olivarria talking about compound interest to Seniors at Western High School in Las Vegas, NV for SCE Credit Union.

During each hour long workshop students learned about the difference between credit unions and banks, the need to pay yourself first, what compound interest is and how it works, the parts of a credit score and credit cards, specifically the CARD Act and why paying the minimum payment on your credit card debt is problematic.

 

If you’d like to hire Shay to speak with your group, call (323) 596-1843.

10 Things College Students Need to Know About Money

Shay Olivarria is the most dynamic financial education speaker working today. She speaks at high schools, colleges, and companies across the country. She has written three books on personal finance, including Amazon Best Seller “Money Matters: The Get It Done in 1 Minute Workbook”. Shay has been quoted on Bankrate.com, FoxBusiness.com, NBC Latino and The Credit Union Times, among others. To schedule Shay to speak at your event visit www.BiggerThanYourBlock.com

Shay Olivarria Quoted in All The Money In The World by Laura Vanderkam

Financial Education Speaker & Author Shay Olivarria is quoted in this book!

Financial Education Speaker & Author Shay Olivarria is quoted in this book!

 

Financial Education Speaker & Author Shay Olivarria has been quoted in a new personal finance book by Laura Vanderkam, All The Money In The World: What The Happiest People Know About Getting and Spending. Have you read it yet?

Check out the quote heard ’round the world …. ’round the bookshelves?

Use TV as a teachable moment. “TV has some of the best teachable moments ever,” says Shay Olivarria, a financial education speaker and author. If kids are watching shows they shouldn’t be watching (like MTV’s Cribs), then “at least get something good out of it,” she says. Why do the characters think that a flashy house or car indicates success? Talk about why a lower interest rate on a mortgage matters in terms of monthly payments, and if you’re working extra hours to afford a particular vacation or to get out of debt, make sure they see the connection.

Keep in mind that in a cashless age, kids may have a harder time grasping what money really is. “A lot of children don’t understand how ATM cards work,” says Olivarria. “They think it’s magic. They don’t understand that money has to go in the bank for you to pull money out of the bank.” They may think that when you want something, you just swipe a card and get it, without understanding that a bank balance is debited somewhere, or that you’ll have to pay a credit card bill later. So it may be worth using cash on occasion to help them understand what’s going on.

Also, feel free to let them fail. Olivarria enjoys taking her nephews, nieces and cousins to the amusement parks near her California home. She gives them a set amount of cash (say, $20) and says they have to use it for food and any other desires. Inevitably, the first time a child has cash in hand, he blows it on a plush toy in the first 5 minutes, and then has to suffer through a long day of watching his siblings eat hamburgers and ice cream and buy other souvenirs with their carefully stewarded $20 allowances. “That is an awesome lesson,” says Olivarria. “I’d rather let an 8-year-old go hungry at Disneyland because he blew his money on a plush Mickey than have a 30-year-old blow money on something and now his kids are homeless.”

Tough love, right? Do you agree? Disagree? Check out the book and share your thoughts.