The National Foundation for Credit Counseling (NFCC) recently launched a new online financial resource tool for consumers, MyMoneyCheckUp. This free tool, available on the NFCC Web site, www.NFCC.org, or at www.MyMoneyCheckUp.org, is designed to provide an assessment of a consumer’s overall financial health and behavior in four designated areas of personal finance: budgeting and credit management, saving and investing, planning for retirement, and managing home equity.
This new tool was created to align with the U.S. Treasury’s Financial Education Core Competencies, and is an example of successful collaboration between community-based nonprofit organizations, academic institutions, and the public and private sectors.
“The NFCC is proud to bring this new financial education resource to consumers,” said Susan C. Keating, president and CEO of the NFCC. “People are eager to take control of their financial well-being, and the MyMoneyCheckUp tool is definitely the place to start.”
The tool provides customized feedback to users, allowing individuals and families to monitor and assess their financial lives, and consequently, adjust their behaviors in order to maximize their economic empowerment.
Managing Credit — Made Simpler: BBB created Managing Credit — Made Simpler to give customized credit management guidance to different types of credit users, based on their specific needs and perspectives. Each of three (3) customized versions give credit users the strategies and guidelines they need to take charge of their specific financial situation.