California Financial Literacy Month Blog http://caflm.blogs.ca.gov April is Financial Literacy Month! Financial education news, programs & services, events, resources & more... Fri, 05 Aug 2016 19:04:35 +0000 en-US hourly 1 101262599 ANNOUNCING VIRTUAL HOMEOWNER WORKSHOP! http://caflm.blogs.ca.gov/2016/08/05/announcing-virtual-homeownership-workshop/ Fri, 05 Aug 2016 19:02:31 +0000 http://caflm.blogs.ca.gov/?p=5463 ANNOUNCING VIRTUAL HOMEOWNER WORKSHOP!

Are you a homeowner looking for assistance with your mortgage due to a financial hardship?

Learn how you can obtain up to $100,000 in assistance with your mortgage through the Keep Your Home California (KYHC) Program.

If you are interested in learning all about the KYHC Program join a virtual workshop on Wednesday, August 17 at 6pm from . . . → Read More: ANNOUNCING VIRTUAL HOMEOWNER WORKSHOP!]]> ANNOUNCING VIRTUAL HOMEOWNER WORKSHOP!

Are you a homeowner looking for assistance with your mortgage due to a financial hardship?

Learn how you can obtain up to $100,000 in assistance with your mortgage through the Keep Your Home California (KYHC) Program.

If you are interested in learning all about the KYHC Program join a virtual workshop on Wednesday, August 17 at 6pm from the comfort of your own home (or wherever internet is available).

To register go to: www.virtualcounselingnetwork.org and click on “VCN Workshop Registration”, check the “8/17/16, 6pm (PST) – Keep Your Home CA Mortgage Help Workshop” and fill out to short form.

VCCDC Virtual Homeownership Training If you have any questions please call us at 805-273-7800!

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Keep Your Home California Announced higher income limits in 26 counties will help more homeowners http://caflm.blogs.ca.gov/2016/08/04/keep-your-home-california-announced-higher-income-limits-in-26-counties-will-help-more-homeowners/ Thu, 04 Aug 2016 17:59:59 +0000 http://caflm.blogs.ca.gov/?p=5461 Higher income limits in 26 counties will help more homeowners

Keep Your Home California recently increased homeowner income limits in 26 counties – or almost half of the counties in the state.

The higher income limits – a boost of several hundred to a couple thousand dollars – will allow more homeowners to . . . → Read More: Keep Your Home California Announced higher income limits in 26 counties will help more homeowners]]> Higher income limits in 26 counties will help more homeowners

Keep Your Home California recently increased homeowner income limits in 26 counties – or almost half of the counties in the state.

The higher income limits – a boost of several hundred to a couple thousand dollars – will allow more homeowners to be eligible for Keep Your Home California.

Keep Your Home California has already helped more than 65,000 homeowners, and thousands more could benefit from the free mortgage-assistance program, especially with the increased income limits.

For example, four Bay Area counties – Marin, San Francisco, San Mateo and Santa Clara – have new income limits of $129,240, or about $50,000 more than the median household income in San Francisco, according to the U.S. Census Bureau.

And lower-priced, rural counties – think Butte, Fresno, Merced, Tulare and several others – have been increased to $70,680. The higher limit easily exceeds the median household income for these counties. For example, Butte County’s annual median income is $43,165.

Now, county income limits are just part of the requirements for Keep Your Home California. A homeowner’s mortgage servicer, the company that collects the monthly payments, must participate in the program. More than 250 mortgage servicers – including Bank of America, Wells Fargo and Chase – are enrolled in Keep Your Home California.

Homeowners must also have endured or are still dealing with a financial hardship, such as a cut in pay, job loss, death in the family or extraordinary medical expenses. Severe negative equity – an underwater mortgage with a loan-to-value ratio greater than 120% – can qualify as a financial hardship under the Principal Reduction Program.

The Principal Reduction Program offers as much as $100,000 in assistance to reduce homeowners’ outstanding balance on their first mortgage, and often lowers the monthly mortgage payment, further easing the financial burden of homeowners.

Keep Your Home California – a federally funded, state-managed program – has two other first mortgage programs to help homeowners remain in their homes:

  • Unemployment Mortgage Assistance Program – Out-of-work homeowners eligible for jobless benefits can receive as much as $3,000 per month for up to 18 months, or a total of $54,000. The program allows homeowners to focus on finding work without worrying about their mortgage payments.
  • Mortgage Reinstatement Assistance Program – Homeowners can catch-up on past-due mortgage payments with up to $54,000 in assistance. Qualifying homeowners must be able to make their mortgage payments going forward.

Keep Your Home California counselors will determine the best program to help homeowners based on their particular situation. Also, Keep Your Home California has partnered with non-profit housing counseling agencies throughout the state, allowing homeowners to meet face-to-face with counselors to apply for the program, – all for free. Homeowners can check for housing counseling agencies in their region on the Keep Your Home California website.

Homeowners interested in learning more or applying for the program should call the counseling center at 888-954-KEEP (5337) or find more information at www.KeepYourHomeCalifornia.org or at www.ConservaTuCasaCalifornia.org for Spanish speakers. The counseling center is open 7 a.m. to 7 p.m. weekdays and 9 a.m. to 3 p.m. Saturdays. Calls can be taken in virtually any language through a free translation service.

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Financial Planning Days 2016 http://caflm.blogs.ca.gov/2016/08/02/financial-planning-days-2016/ Tue, 02 Aug 2016 21:36:36 +0000 http://caflm.blogs.ca.gov/?p=5459 You can also attend informative classroom workshops addressing key areas of financial planning.

Best of all, it’s all free and there are . . . → Read More: Financial Planning Days 2016]]>

Come to a Financial Planning Day in your area  and get free, one-on-one advice from Certified Financial Planner professionals on a wide range of personal finance topics:

  • Budgeting
  • Credit & Debt
  • Investing
  • Retirement
  • Taxes
  • Homeownership
  • Estate Planning
  • Insurance
  • Employee Benefits
  • Education Savings
  • Small Business
  • … and many more!

You can also attend informative classroom workshops addressing key areas of financial planning.

Best of all, it’s all free and there are no strings attached! Volunteering financial planners will not sell products or services, give out business cards or follow up with you after the event.

Huntington Beach, CA
Orange County Financial Planning Day
October 15, 2016
October 29, 2016
October 23, 2016
October 22, 2016
October 29, 2016
West Sacramento, CA
Greater Sacramento Financial Planning Day
October 22, 2016
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CalHFA: Final Week For Free Homebuyer Education http://caflm.blogs.ca.gov/2016/06/27/calhfa-final-week-for-free-homebuyer-education/ Mon, 27 Jun 2016 18:31:28 +0000 http://caflm.blogs.ca.gov/?p=5456 Final Week For Free Homebuyer Education

 

CalHFA is celebrating National Homeownership Month by offering its homebuyer education course for free until June 30. Visit our homebuyer education page, and get signed up for the five-hour course.

Homebuyer education certificates are good for a full year, so whether you are buying now or a year from now, . . . → Read More: CalHFA: Final Week For Free Homebuyer Education]]> Final Week For
Free Homebuyer Education

 

Free online homeowner educationCalHFA is celebrating National Homeownership Month by offering its homebuyer education course for free until June 30. Visit our homebuyer education page, and get signed up for the five-hour course.

Homebuyer education certificates are good for a full year, so whether you are buying now or a year from now, you will be ready!

 

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World Elder Abuse Awareness Day is June 15 http://caflm.blogs.ca.gov/2016/06/15/world-elder-abuse-awareness-day-is-june-15/ Wed, 15 Jun 2016 16:20:41 +0000 http://caflm.blogs.ca.gov/?p=5453 About | Tools & Tips<!– | Get Involved–> | Take Action | Events | News

Millions of older persons are abused, neglected, and exploited. Once a year on June 15, communities and municipalities around the world plan activities and programs to recognize World Elder Abuse Awareness Day (WEAAD). It’s . . . → Read More: World Elder Abuse Awareness Day is June 15]]> World Elder Abuse Awareness Day is June 15 ‪#‎WEAAD2016

About | Tools & Tips<!– | Get Involved–> | Take Action | Events | News

Millions of older persons are abused, neglected, and exploited. Once a year on June 15, communities and municipalities around the world plan activities and programs to recognize World Elder Abuse Awareness Day (WEAAD). It’s an opportunity to share information and spread awareness about abuse, neglect, and exploitation in later life. Everyone can make a difference, but together, we can unite as one nation. Take a stand against elder abuse!

Here are 12 things anyone can do to prevent elder abuse! Let’s make the world a better place together!

Is it a scam? There are many scams than can ensnare even savvy consumers. Many are designed specifically to target seniors. This guide will help you learn to recognize common warning signs of scams and simple steps that you can take to protect yourself.

 

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California Real Estate Educators Conference – Northern California http://caflm.blogs.ca.gov/2016/05/05/california-real-estate-educators-conference-northern-california/ Thu, 05 May 2016 15:34:09 +0000 http://caflm.blogs.ca.gov/?p=5444 California Real Estate Educators Conference – Northern California

Certificate of Recognition for conducting mortgage education workshops presented to Carol Jensen, Director, California Community College Real Estate Education Center

DBO

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Friday, April 22, 2016 – DoubleTree by Hilton, Brisbane, CA

Hosted by the California Community College Real Estate Education Center

City College of San Francisco, Downtown . . . → Read More: California Real Estate Educators Conference – Northern California]]> California Real Estate Educators Conference – Northern California

CCREEC Conference April 2016Certificate of Recognition for conducting mortgage education workshops presented to Carol Jensen, Director, California Community College Real Estate Education Center

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DBO

DBO

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Friday, April 22, 2016 – DoubleTree by Hilton, Brisbane, CA

Hosted by the California Community College Real Estate Education Center

City College of San Francisco, Downtown Campus, 88 Fourth Street, Room 324, San Francisco, CA 94103

 Speakers

  • Carol Jensen, Director CCC Real Estate Education Center
  • Shelly Wilson, CalBRE Manager of Education, Research & Examination Programs
  • Jamelia Carson, College of Marin, CCCO C-ID Real Estate Disciple Group
  • Dorthe Sejling & Elsebeth Pedersen, Copenhagen Business Academy
  • Lois Kadosh, Real Estate Broker and Educator
  • Sean Bellach, Government Affairs Field Representative, California Association of REALTORS®
  • Alana Golden, California Bureau Business Oversight
  • Christine Cerda, CoreTalk
  • Oscar Wei, Economist, California Association of REALTORS®

The California Community Colleges Real Estate Education Center exists to serve all of the community colleges in California by providing instructional support and services to instructors of Real Estate. The Center also oversees the distribution of scholarship funds from the Real Estate Endowment Fund to community college students.

The Center is responsible for producing Real Estate Instructor and Student guides on most of the Real Estate subjects taught at community colleges statewide. Instructor guides are available to Real Estate instructors and Student guides are provided at cost to be sold to students through their community college bookstores.

In addition, the Center is responsible for conducting three Real Estate Education Conferences for Real Estate Educators in California. One is held in the San Francisco Bay area, one in the Los Angeles area, and the third in the San Diego area.

For more information, contact Carol Jensen, Director, California Community College Real Estate Education Center, via email REEC@ccsf.edu or visit http://cccreec.com

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Teach Children to Save Day http://caflm.blogs.ca.gov/2016/05/04/5432/ Wed, 04 May 2016 16:40:47 +0000 http://caflm.blogs.ca.gov/?p=5432

 Teach Children to Save Day was on April 29, 2016 The Department of Business Oversight (DBO) participated in the annual Teach Children to Save Day on Friday, April 29, 2016. Alana Golden, Director for Education and Outreach read a book by It’s a Habit, Sammy’s Big Dream and Sammy’s Big Day, with questions and answers followed by a . . . → Read More: Teach Children to Save Day]]>

 Teach Children to Save Day was on April 29, 2016
The Department of Business Oversight (DBO) participated in the annual Teach Children to Save Day on Friday, April 29, 2016.
Alana Golden, Director for Education and Outreach read a book by It’s a Habit, Sammy’s Big Dream and Sammy’s Big Day, with questions and answers followed by a savings poster activity with a 2nd grade classroom in Sacramento, CA.
TCTS April 2016 serious sm
TCTS April 2016 Book Reading
TCTS Poster activity 2

 

TCTS Poster Activity

Teach Children to Save (TCTS) is a national program sponsored by the ABA Foundation that organizes banker volunteers to help young people develop a savings habit early in life.

For information on how to participate, visit http://www.aba.com/Engagement/Pages/teachchildrentosave.aspx.

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Photo Gallery: Annual California Financial Literacy Month Resource Fair – State Capitol http://caflm.blogs.ca.gov/2016/04/27/photo-gallery-annual-california-financial-literacy-month-resource-fair-state-capitol/ Wed, 27 Apr 2016 17:25:56 +0000 http://caflm.blogs.ca.gov/?p=5388 Photo Gallery: Annual California Financial Literacy Month Resource Fair – State Capitol

Pictured left to right: California State Controller Betty Yee; Assemblymember Matthew Dababneh; and DBO Commissioner Jan Lynn Owen

Thank you Assemblymember Jim Cooper (pictured in center) for stopping by!

Ed Gill, Senior Deputy Commissioner, DBO

Attendees visiting exhibitor tables

Inside the California Community Colleges Mobile . . . → Read More: Photo Gallery: Annual California Financial Literacy Month Resource Fair – State Capitol]]> Photo Gallery: Annual California Financial Literacy Month Resource Fair – State Capitol

Pictured left to right: California State Controller Betty Yee; Assemblymember Matthew Dababneh; and DBO Commissioner Jan Lynn Owen

Pictured left to right: California State Controller Betty Yee; Assemblymember Matthew Dababneh; and DBO Commissioner Jan Lynn Owen

Thank you Assemblymember Jim Cooper for stopping by!

Thank you Assemblymember Jim Cooper (pictured in center) for stopping by!

Ed Gill, Senior Deputy Commissioner, DBO

Ed Gill, Senior Deputy Commissioner, DBO

Attendees visiting exhibitor tables

Attendees visiting exhibitor tables

Inside the California Community Colleges Mobile Computer Lab

Inside the California Community Colleges Mobile Computer Lab

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CalHFA and Keep Your Home California

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Annual California Financial Literacy Month Resource Fair at the State Capitol a Success! http://caflm.blogs.ca.gov/2016/04/27/annual-california-financial-literacy-month-resource-fair-at-the-state-capitol-a-success/ Wed, 27 Apr 2016 16:19:45 +0000 http://caflm.blogs.ca.gov/?p=5382 Annual California Financial Literacy Month Resource Fair at the State Capitol a Success!

Thank you to Assemblymember Matthew Dababneh for sponsoring the event.

Thank you to California State Controller Betty Yee for participating.

Thank you to all of the exhibitors and attendees.

To partner with DBO’s Education and Outreach Office, email Outreach@dbo.ca.gov.

. . . → Read More: Annual California Financial Literacy Month Resource Fair at the State Capitol a Success!]]> Annual California Financial Literacy Month Resource Fair at the State Capitol a Success!

Thank you to Assemblymember Matthew Dababneh for sponsoring the event.

Thank you to California State Controller Betty Yee for participating.

Thank you to all of the exhibitors and attendees.

To partner with DBO’s Education and Outreach Office, email Outreach@dbo.ca.gov.

Controller Betty Yee Assemblymember Matt Dababneh Jan

Pictured left to right: State Controller Betty Yee; Assemblymember Matthew Dababneh, DBO Commissioner Jan Lynn Owen

The importance of financial literacy and financial education efforts were highlighted at the annual California Financial Literacy Month Resource Fair at the State Capitol on Tuesday, April 26. Booths and representatives from State agencies, non-profit organizations and financial institutions provided free materials and information on money management, saving and investing, planning for retirement, buying a home, using credit and managing debt, and avoiding financial scams and fraud.

This year’s event featured the Community College Foundation eBus mobile computer lab.

Safely navigating today’s rapidly-changing, often complex financial system can be a daunting task. By empowering consumers to make informed decisions about how to spend and invest their money, financial literacy helps ensure more California families prosper.

Sponsors

Assemblymember Matthew Dababneh

California State Controller Betty Yee

Exhibitors

Bank of America

Bank of the West

Bank on Sacramento

Brandman University

CA Board of Accountancy

CA Board of Equalization

CA Bureau of Real Estate

CA Contractors State Licensing Board

CA Dept. of Community Services and Development

CA Dept. of Insurance

CA Dept. of Motor Vehicles

CA Franchise Tax Board

CA Professional Fiduciaries Bureau

CA State Controller’s Office

CA Treasurer’s Office

Cal PERS

CalCPA/Jump$tart Coalition

CalHFA/Keep Your Home CA

California Community Colleges Real Estate Education Center

CHOC

ClearPoint CCS

Disability Resource Agency for Independent Living (DRAIL)

Golden 1 Credit Union

IRS

McGeorge School of Law (Legal clinic)

Metro Chamber’s Capital Region Small Business Development Center

Opening Doors

Sacramento Public Library

SAFE Credit Union

Savings Plus

ScholarShare

Social Security Administration

Transamerica Financial Advisors

Travis Credit Union

UC Davis Extension

United Way California Capitol Region

Wells Fargo Hands on Banking

 

 

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Jump$tart with Biz Kids$ – Downloadable Curriculum for Teachers, Parents http://caflm.blogs.ca.gov/2016/04/27/jumptart-with-biz-kids-downloadable-curriculum/ Wed, 27 Apr 2016 16:04:59 +0000 http://caflm.blogs.ca.gov/?p=5375

Jump$tart with  Biz Kids$ -Teachers of financial literacy, lend us your ears!

Download the Full Curriculum

Financial LiteracyChapter 1Episode 301 clips » Your Financial FutureChapter 2Episode 106 clips » Income and CareersChapter 3Episode 210 clips » Saving and InvestingChapter 4Episode 118 clips » Understanding Your PaycheckChapter 5Episode 125 clips » Understanding Income and ExpensesChapter 6Episode 123 clips » . . . → Read More: Jump$tart with Biz Kids$ – Downloadable Curriculum for Teachers, Parents]]>
CA JumpstartBizKid$

Jump$tart with  Biz Kids$ -Teachers of financial literacy, lend us your ears!

Download the Full Curriculum

 
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