continued from page 10
emotions, thinking, and action;
setting goals; giving
self-direction; and
controlling finances.
Maximizing Income
Maximizing income is the
process of identifying ways to
increase sources of income in
order to reach financial goals.
Spending
Spending is the process of
reducing fees and expenses, as
well as, making choices that
align with one’s values and
goals (both short-term
and long-term).
Saving
Saving is the process of
financially planning ahead.
This includes saving for
specific financial goals or
certain predictable life events
and creating a financial
buffer for unpredictable
financial emergencies.
discussions and one-on-one
financial coaching and support.
Financial coaching is offered
to all individuals who have
attended the group education
to further their success of
financial security.
Financial coaching is client
driven and goal focused. It is
centered on performance
through practice and
accountability. The financial
coach offers encouragement
and support to practice and
adhere to positive financial
behaviors. The financial coach
will direct the individual with
the end in mind and will
provide access to a variety of
financial products and services
to manage their personal
finances and reach their
financial goals.
Hutchinson Area
Homebuyers Club
Hutchinson Area Homebuyers
Club (HAHBC) is a first-time
homebuyer program designed
for all levels of income to
achieve and sustain
homeownership. Program
participants gain awareness
of home purchase processes,
familiarity with mortgage
industry terminology, and
understanding of sustainable
homeownership practices
through homeownership
education and counseling
services. Homeownership is a
symbol of success and gives
individuals and families a
greater sense of freedom,
security, empowerment and
independence. HAHBC offers
Kansans the opportunity
to fulfill their dreams
of homeownership.
HAHBC utilizes eHomeAmerica,
a nationally recognized and
approved online housing
education program, to provide
the homeownership education
curriculum. The online
eHomeAmerica Homebuyer
Education course covers six
topic areas: are you ready to
buy a home; managing your
money; understanding credit;
Borrowing
Borrowing is the process of
learning other ways to spend
money. Special emphasis is
given to borrowing via credit.
Credit is a tool to get and use
something that is paid for later
and includes additional costs.
Protecting
Protecting is the process of
shielding assets from loss due
to financial hardships, financial
predators and other threats.
Individuals are taught these six
behavior principles through
hands-on activities, group
Continued on page 12
October 2015
11
The Credit Professional