As a freelance Blogger and Content Creator, at this time of year, my mind is full of financial jargon because I prep my tax paperwork to bring to our accountant. While taxes and tax season can be stressful, I was happy to recently learn that April is National Financial Literacy Month. I’ve got three free resources to share today that will help us make solid financial decisions that our future selves will thank us for.
April Is Financial Literacy Month
My thanks to Responsival for sponsoring today’s post. I received information and payment as a thank you for sharing helpful financial planning information. All opinions are my own.
The first free resource is from a company most parents have heard of, Fabric by Gerber Life
"Fabric is a life insurance innovator that offers instant decisions and affordable policies. It combines a modern online application experience with policies issued by Vantis Life, a Penn Mutual company (Est 1847) – the second-oldest mutual life insurance company in America.
With this combo, Fabric is perfect for anyone, but especially families and parents, who have realized the importance of planning ahead when it comes to their financial well-being and taking the stress out of their future.”
After visiting our Accountant, my husband and I agreed we wanted to look into term life insurance costs and policies to see if we needed to update anything. This was a very serendipitous writing job for me, since that’s one of the main policies Fabric offers.
You may be thinking it’s expensive, but this article on the cost being around four lattes a month breaks down the policy cost in real-world terms. Once you read this helpful article, click on the purple Take Our Quiz button at the top of the page, and you’ll learn what policies are right for you, for free. For personalized assistance, you'll be able to select from options like:
- I have a spouse or partner
- I have kids under 18
- I have a mortgage
- I have a will
And several more key financial milestones and lifestyles.
I suggest setting aside at least 20-30 minutes to do the quiz and work through Fabric’s insurance policy suggestions and other free resources, like their free will maker available. Have a calculator and pen, and paper to jot down thoughts and numbers as you go through this process as well.
The second free resource is with a company that’s a household name as well, Charles Schwab. Getting its start in 1971, Schwab was built around a simple idea: put the client first.” We work hard to make our clients’ goals the focus of everything we do by offering a better, more modern way for them to build and manage their wealth.”
Again, you may be thinking, this is going to cost me something, and while opening an account with them will have an associated fee, they offer a long list of free articles and resources to everyone. Topics include:
- Starting Your Investment Journey
- Tax Time Resources
- Small Business Retirement Tools
- What is a ROTH IRA?
There are many more free guides that can be found by searching free resources at Charles Schwab's website here. https://www.schwab.com.
The third free resource, Savvy Ladies, is new to me, but has been helping and empowering women since 2002.
“Savvy Ladies’ free financial education programs and Helpline help women build the knowledge and confidence they need to thrive and develop a financially stable future. Financial knowledge is power and helps make families stronger, communities better, and ultimately changes society.”
I love all the free resources on their site, starting with the free helpline. Women with personal financial questions are connected to our pro bono community of financial advisors and experts to get the answers they need to help them move forward in their financial journey. Each client is connected based on their question with an expert for approximately one hour of pro bono advice and guidance.
There’s a long list of webinars on topics like:
- Women, Money and Wellbeing
- Investing in the Life You Want
- How to Build Generational Wealth for you and your Family
There’s even a blog called The Savvy Blog, where you can type in what you want to learn about and read more. Be sure to keep your planner handy so you can take notes and write down dates and times for networking and summit events listed on the website.
The Takeaway:
There is a lot of helpful information to be found at these three resources, so please set aside some time during April, financial literacy month, to visit at least one of the sites I’ve shared today. Bookmark this post and subscribe to my blog, save the links to the websites now, so you won’t forget to check them out, or go old school and write them down in your planner or notebook.
All of us need to make informed financial and term life insurance decisions, so I hope you’ve found this post valuable.
Please share in comments: Did you know April is Financial Literacy Month?
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