Phone (419) 784-5136 | Address: 1933 E 2nd Street Defiance, Ohio 43512

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Financial Literacy Month

As you may or may not know, April is Financial Literacy Month and we here at the NOCAC Financial Opportunity Center (FOC) want to celebrate with you!  We love to share lots of useful information, resources, and tips that will help you make smarter decisions about your money and resources.

This month the FOC is hosting two workshops that you are welcome to participate in.

ONLINE HOUSING WORKSHOP

The Online Housing Workshop will be April 20th, at 6:00pm and will be online through ZOOM. Join us and learn what programs are available to help you purchase a home or repair the one you have.

 

CREDIT WORKSHOP

 

Another exciting workshop will be FOC’s Credit Class on April 27, from 6:00-7:30pm, also online through ZOOM. Learn ways to improve your credit score and reduce debt. More information is below.

TAX PREPARATION DEADLINE EXTENDED

Due to the IRS extending the tax filing deadlines until May 18 this year, the FOC is extending it’s FREE Tax Clinics as well. So if you still need to do your taxes or know people that need to, please contact our TAX HOTLINE at 419-990-5134 to schedule an appointment.

 

FOC FINANCIAL TIPS 

  1.  Get extra cash from selling unwanted items. Have a yard sale. Use Facebook marketplace. You’d be amazed what people are interested in. You might consider it “junk” but the next person might see a “hidden gem.”
  2. It’s that time of year. You’ve probably done your taxes or are getting ready to. It’s also a nice time to review your tax withholding to insure that you are having the proper amount of taxes withheld. One item that throws folks for a loop come tax time is finding out that you are not having the correct School District tax or local/city tax withheld. This is especially common when starting or changing jobs. Use Ohio’s School District Lookup to determine your School District and notify your payroll or HR department to ensure they are withholding the correct taxes!
  3. Take the $1 A Week Savings Challenge. This week, put a dollar bill in an envelope and label it “Do Not Disturb”. Next week put 2 dollar bills in. The following week put 3 in, and so forth. At the end of a year, that envelope will contain $1,378! Take half of that and put it in a savings account and take the other half and treat yourself and the family!
  4. If your employer has a retirement plan that matches money that you contribute, take advantage of it if you can! There aren’t many things in life that are free, but this is free money! If your employer matches your contribution dollar for dollar, and you contribute $500 in a year, you will have $1000 at the end of the year!

 

So, again, Happy Financial Literacy Month and if you want to learn more about NOCAC’s Financial Opportunity Center,  give us a call at 419-990-5136.

A Better Tomorrow Starts Here.