Checking and Savings

Financial Education: You Can’t Reach a Destination You Never Mapped

Lorenzo Smith, Minneapolis, MN One young adult discovered that writing down his goals changed the way he thinks about his financial future. Almost everyone has goals. Pay off debt. Buy a home. Start a business. Build savings. Travel more. Retire comfortably. Wanting something and creating a plan to achieve it, however, are two different things. For many young adults, financial goals remain ideas carried around mentally, revisited every few months and pushed aside as work, bil

ABEP Communications Team

Aug 143 min read

5 Ways to Start Building Generational Wealth Today

Building generational wealth doesn't start when you have extra money. It starts when you make one intentional financial decision. Here are five simple actions you can take today: 1. Save Something—Anything If you can save $5, save $5. If you can save $50, save $50. The amount matters less than the habit. Building wealth starts with proving to yourself that you can consistently set money aside for your future. 2. Check Your Credit Score Your credit score can impact your abilit

ABEP Communications Team

Jun 101 min read

Starting with $300, How I Learned to Build a Stronger Future

At 21 years old, I found out I was going to be a father. At the time, I only had around $300 to my name, was living paycheck to paycheck, and my wife and I were staying with my parents-in-law trying to figure life out. I didn’t come from a background where financial literacy was taught, and honestly, I didn’t understand money at all. I didn’t know how to budget, invest, save, or even what resources were available to help someone build a stable future. I remember the moment ev