Home  |  Personal Finance  |  Money Management  | 

How to get out of Debt: Savings

Why should I establish an emergency fund?

To properly view this site, javascript must be enabled and Flash version 9 or higher must be installed.
Get the latest Flash player
Linda Stroman
Financial Education Coordinator, Capital Area Asset Builders
www.caab.org  
202-419-1440

Linda Stroman is the Financial Education Coordinator at CAAB. She provides instruction and one-on-one counseling to groups and individuals on money management and credit education. In addition, she coordinates program seminars and other events regarding CAAB's financial programs. Before joining CAAB, Linda worked for The Training Source, Inc. She provided life, professional, financial, and technical training to Maryland and DC residents and organizations.

Why should I establish an emergency fund?

In this video, Vikki Frank, Kandance Beamon, and Linda Stroman, financial education providers describe several key areas to address regarding debt reduction and elimination. This video is designed to deliver basic financial information to assist individuals and families to be able to identify goals and process strategies for their specific financial needs. The topics included in this video cover are: self-evaluation of debt load, budgeting strategies, understanding the effects on your credit and scores, why savings is important, how to develop a debt elimination plan, and the importance of financial education and how financial counseling may be useful.

This expert: 15,152 views

This series: 5,352 views

Download - Coming Soon!
Tags:

Debt

,

Finances

,

Savings

,

Money

,

Cash flow

,

Budget

,

Emergency fund

Comments:

0 (Read Comments) (Add Comment)

Other Videos

  • What are the first steps to take in starting a business?

    What are the first steps to take in starting a ...

  • What should a couple do about savings?

    What should a couple do about savings?

    In this video, David Marotta shares some tips on savings for couples--one of the biggest sources of relationship conflicts!
  • What types of mortgages are available?

    What types of mortgages are available?

    In this video, mortgage advisor, Jeff Thomas describes how to purchase your first home and the process you must go through to obtain a mortgage. This video is designed for first time homebuyers and also provides valuable information to indivduals who have purchased a home in the past. This video includes an overview of the four parts of a loan file, mortgage jargon, the loan process, house hunting, the types of mortgages available and the 7 steps on how to manage your mortgage correctly.
  • Understanding Foreclosure

    Understanding Foreclosure

    Give yourself every advantage when you're facing foreclosure. And get tips on how to avoid finding yourself in that situation. Expert Amelia Robinette explains what foreclose means, how banks make their decision and what you can do to get back on track.
  • Basic Estate Planning

    Basic Estate Planning

    In this video series, William Conway explains the basics of estate planning.
  • Why does the stock market fluctuate?

    Why does the stock market fluctuate?