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Financial Education


Considering Homeownership

Posted On: March 30, 2021 by First Option Bank in: Financial Wellness, Tips & Tricks

Many people consider homeownership to be an important goal. However, since buying a home can be one of the most expensive decisions you’ll ever make, it’s important to prepare yourself before you dive into the process.

Take this lesson to learn more about:

How to choose between buying and renting Understanding and calculating initial and ongoing costs Determining your financial preparedness for homeownership


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Tags: Financial Education, Financial Wellness, Homeownership

Credit Scores and Reports

Posted On: March 9, 2021 by First Option Bank in: Financial Wellness, Tips & Tricks

What does it mean to be creditworthy?

Your credit score may seem like a random number, but it provides financial institutions and other companies with a snapshot of how “creditworthy” you are, which can have a big impact on your life. Understanding how credit scores and reports work can help you achieve financial goals such as buying a home, leasing a car, or paying off debt. 

You’re in luck! Our short 5-minute lessons include information about:

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Tags: Credit Scores, Financial Education, Financial Wellness

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