SDCCU Presents Financial Wellness Wednesdays
SDCCU has partnered with the San Diego County Library System in support of the Live Well San Diego initiative to host Financial Wellness Wednesdays. From January through March, SDCCU will host Financial Wellness Wednesdays webinars on a variety of topics aimed at improving financial health. The closures of non-essential businesses due to the stay-at-home orders because of the COVID-19 pandemic has put so many families in difficult financial situations, which is why financial education is even more important this year. The entire community is encouraged to attend a webinar as part of this year’s Financial Wellness Wednesdays program.
SDCCU offers more than a dozen different FWW webinar topics that include something for every stage of life including, but not limited to; Building a Better Budget, The Psychology of Spending, 30 Ways to Trim Your Budget, Teens and Money, The Keys to Homeownership, Rebuilding after a Financial Crisis, Current Scams and How to Protect Your Finances, Millennial’s Guide to Savings, Elder Financial Fraud Awareness and SDCCU’s Biz Kid$ to help teach kids about money and business. Financial Wellness Wednesdays webinar topics rotate weekly. The current schedule is located at sdccu.com/fww.
As one of California’s largest locally-owned financial institution and a Live Well San Diego partner, SDCCU is dedicated to improving overall economic well-being by engaging in several financial wellness efforts. Research shows that poor financial health can often lead to diminished physical health. Also, evidence suggests that the average high-school graduate lacks basic skills to manage personal finances, many young people experience difficulty balancing a checkbook and half of Americans live paycheck to paycheck. Since the onset of the pandemic, the need and demand for financial counseling and education has only increased. According to the Consumer Financial Protection Bureau, 71 percent of households face difficulty saving because of expenses they didn’t plan for and 50 percent of Americans struggle to make ends meet after a financial shock. Unfortunately, this pandemic, could be the cause of a financial shock for some due to the closures of non-essential businesses. Additionally, 61 percent of Americans do not have a budget according to Experian. SDCCU is committed to helping change these statistics through the financial education of our communities.
For access to financial wellness resources, visit sdccu.com/knowledge.