Our Financial Education Services

Through strong partnerships with other nonprofits, we help our clients achieve financial autonomy and literacy through personalized 1 on 1 and group financial education sessions.

Banking Basics

  • Understand the differences between the types of financial institutions and their services (i.e. banks vs. credit unions)

  • Understand the many benefits of using these financial institutions

  • Decide what kind of financial institution and account is best for you

  • Discuss the different types of accounts (checking vs. savings)

  • Learn how to open an account

Budgeting and Saving

  • Learn about the six steps to build your own budget and keep better track of your finances

  • Get tips on how to start saving money and see how your savings adds up over time

Dealing with Debt

  • Learn the basics of debt management

  • Definition and how debt works

  • Understand strategies on how to more effectively repay debt

  • Learn what the differences between good and bad debt, as well as other types of debt (Deductible vs Nondeductible, Fixed vs. Variable)

  • Rights regarding debt collection: what debt collectors can and cannot do

Building Credit

  • Learn what credit is used for and why it is important (i.e. favorable interest rates, trustworthiness, etc.)

  • Find out what goes into a credit a score and who can access your credit

  • Understand how to achieve good credit and how to avoid bad credit

  • Decide if a credit card is right for you and how to obtain one (Secured vs. Unsecured)

Predatory Financing

  • Understand what predatory financing is

  • Unfair or Abusive Lending and How to Avoid It

    • Five main types

    • How to determine if financing is predatory

  • Where to seek alternatives

    • Learn about safe and trustworthy sources

 

Our Current Education Partners

CML_Logo_Stacked_Color.jpeg

Sisters of Empowerment

Ascent partners with SOE for their My Home Program. Ascent tailored its financial education sessions to focus on saving and budgeting for buying a home in the Linden Community.

CRIS logo small.jpeg

Center for Refugee and Immigrant Services

Ascent offers weekly education sessions with CRIS. Ascent’s education team works with a translator to offer tailor personal finance education to immigrants and families to the Columbus Community.

static1.squarespace.jpeg

The Columbus Metropolitan Library

Ascent offers bi-weekly education sessions for customers of the Hilltop branch of the Columbus library.

 
 

Let’s get in touch.

 
fullsizeoutput_e1.jpg

Colin Caniglia

Director of Education | 440.488.5551 ccaniglia@ascentmicrofinance.org