Why Online Financial Education Pays Off
- October 22, 2021
- By: Greenpath Financial Wellness
Thanks to ever increasing technology and access to information via the web, apps, and interactive connectivity , we now have the ability to learn, grow and conduct our financial business at our fingertips.
That includes the recently launched GreenPath Learning Lab – a free, self-paced online learning portal designed to improve an individual’s overall financial health. This engaging online resource helps participants get options to reach financial goals such as paying off debt, saving for a home, or building a retirement fund.
The GreenPath Learning Lab portal is easy to use. Once you sign up, you can learn at your own pace and focus on your individual interests and needs. Through the portal, GreenPath provides individuals free, interactive advice designed to improve your financial wellness. You just need to log-on and then begin engaging in hands-on “Choose your own Adventure” style learning activities that propel your understanding of financial topics such as spending and budgeting and forbearance.
The online experiences are meant to help add knowledge and insight. Coupled with counseling services GreenPath provides, classes can be used as a tool to increase financial awareness, lessen anxiety and be a lifeline outside of the other options.
The Learning Lab comes at a time when many Americans need it most. The COVID-19 pandemic has intensified the economic stress many households face. More than 38 percent of American employees, including 62 percent of Gen Z workers, have less than $1,000 saved to deal with emergency expenses.
The following courses – taken from the full library of education – are helpful to get back into financial wellness.
WHEN YOU KNOW MORE, YOU DO MORE
Explore GreenPath’s Learning Lab for all things financial. We bring you well researched courses and tools to enable a better understanding of money for a healthy financial life.
TALK TO A FINANCIAL EXPERT TODAY
Everyone who calls GreenPath receives a free financial counseling session. Contact us and start your financial wellness journey.
Debt Repayment Options: Which One is Right for Me?
Finding it hard to keep up with monthly bills? Looking for the best options to pay down debt? A free online class helps you get motivated to take action and understand where to start.
- The course provides details around multiple ways to manage debt.
- Each option is explored with a scenario inspired by real GreenPath clients who have faced the same challenges.
- The educational online course is based on GreenPath’s sixty-year legacy as a trusted national nonprofit providing independent financial education.
Redesign Your Financial Habits
You may have created a spending plan with the right motivation and knowledge to execute on it, but found it difficult to take into account a key factor in its success: your habits. Do you ever feel compelled to purchase things when you know you don’t need them? It’s a habit. If you are looking to redesign your financial habits this course is for you.
In this course, counselors will:
- Discuss how habits work.
- Teach you to see your spending cues
- Walk you through developing a routine and reward system.
The online class helps you save money and budget your expenses.
A1 Credit Tool
One of the newest courses in Learning Lab, participation in this class can help you improve your credit confidence and decrease stress around credit.
Do you understand how credit scores are calculated? Do you know the difference between good credit and bad credit? Do you know how to establish a good credit score?
The A1 Tool course will help you learn about credit, and how to achieve your financial goals regardless of your starting point. The course will focus on 3 sections:
- How your budget and savings impacts your credit
- How to handle common credit issues
- Where to start when planning credit goals
Have you experienced a sudden change, such as loss of income? Do you want more clarity on your short term financial plan? Do you feel motivated to take action, but aren’t quite sure where to start?
Aligning Priorities is an interactive workbook that helps people arrange their financial priorities and build a short term cash flow plan. Using this tool, you can build your personal expense prioritization, make an inventory of upcoming income and expenses, and create a plan to accomplish your goals.
Online Financial Education
The free educational materials offered in Learning Lab utilize GreenPath’s 60 years of experience as a trusted national nonprofit providing independent financial guidance. Accessible at any time, the Learning Lab can help reduce anxiety associated with seeking financial help. And you can work on it around your schedule!
You won’t be alone. The educational tool allows users to connect directly with a GreenPath expert for one-on-one personal assistance when necessary.
Using these digital tools, people can better understand their financial picture, reduce debt, improve their credit, reduce stress and advance toward their financial goals.
TALK TO A GREENPATH COUNSELOR
GreenPath Financial Wellness is a trusted national nonprofit with more than 60-years. Start a conversation with an expert.