Financial EDucation Information Made Easy
Dara Harris, is founder and owner of Fin-ED, LLC. Dara has extensive work experience in the banking, credit union and brokerage industries. This includes financial education and studies in the areas of finance, business management and economics. Dara's strong passion is to enrich the lives of individuals, families, and communities. This is why the mission of Fin-ED is to "empower individuals with financial fundamentals, in order to become better educated consumers in managing personal finances.
MAY'S TIP OF THE MONTH
Hey! What mortgage goes backward? If you said a "Reverse Mortgage" you are correct. A Reverse Mortgage is available to homeowners who are at least 62 or older that might be eligible to borrow against equity in their home. In case you are wondering, a Reverse Mortgage is a loan.
Why Fin-ED, you may ask. What are some of its benefits to you?
Fin-ED will provide financial education and information that will impact your everyday living. The financial education and information that you receive will help you be a better educated consumer so that you will be able to do all of the following:
. Start a savings plan
. Establish a household budget
. Manage debt
. Avoid credit mistakes
. Create a college fund
. Prepare for or be prepared in retirement
. Have adequate insurance
. Achieve home ownership
. Understand investments
Fin-ED can be essential in helping you navigate the financial information highways that exist. For example, Fin-ED will explain terminology used in different aspects of your personal and business finances, such as:
. What a Mutual Fund is
. What Medicaid and Medicare are
. What a Certificate of Deposit (CD) is
Fin-ED will assist businesses with:
. Marketing strategies and customer services
. Financial education and service improvements