Archive - August 2021

Subject Line: Have you had “the talk” with your family?

Money can be a difficult thing to talk about – but having proactive, honest conversations about money within your family can help reduce stress and improve the financial capability of generations to come.

Explore our online financial education lessons to learn more about:

Identifying the appropriate family members to include Strategies to make conversations productive How to develop an...

Only about one third of Americans create and maintain a budget – are you one of them? A budget can help you stay on top of your finances by helping you plan where your money will go instead of wondering where it went.

This short lesson will help you learn more about how to:

Identify your income sources as well as your expenses Create a new budget or reevaluate an existing one Apply strategies to monitor your spending and stick to your budget

We can help you...

83% of adults in the US have at least one credit card. A credit card can be a great financial tool with many benefits, but its important that consumers also understand the consequences if they don’t use their cards responsibly.

Review this topic to learn more about:

How credit cards work The benefits and risks of credit cards How credit card use influences your credit score

We can help you learn more about credit cards: https://bit.ly/3lbpxnY

Learn more about how you can develop healthy financial habits needed for financial well-being.

After completing this sequence, learners will be able to:

Describe the characteristics of the financially healthy. Determine the level of their own financial well-being through measurable objectives. Apply healthy financial habits in their daily lives. Identify resources for financial support.

We can help you with your healthy financial habits: https://bit.ly/35dyh7l

In this month’s recap: Stocks notched a solid gain as investors looked past higher inflation and new COVID-19 cases.

Monthly Economic Update

Presented by First Option Financial Services, August 2021

U.S. Markets

Last month, the stock market posted a solid gain, overcoming investors’ fears of higher inflation and an increase in COVID-19 cases. 

The Dow Jones Industrial Average picked up 1.25...