Needed: More information, less ball gowns

friends sitting outside at a coffee shop

Everyone says that we are in the information age. With a laptop or a tablet, knowledge is literally at our fingertips. When it comes to financial learning however, we tend to unconsciously skip over this readily available, yet boring information. We are all guilty of this (myself included). Who wants to think about finances when we can be entertained by ethereal ball gowns worn on the red carpet at the Academy Awards ceremony?

Unfortunately, in the case of fiscal information, ignorance is not bliss. Knowledge is power and we all need to do a better job of learning more about basic finances. As the PR person for City County Credit Union I am trying to impart that sentiment to our members and any individuals and groups who will listen.

On April 9th of this year, I had the pleasure of speaking to a gathering of students and library members at Nova Southeastern University. The topic was "Building a Strong Credit History." My audience members ranged in age from 17 to 67. The interest level was astonishingly high and there were hundreds of questions. They ranged from a basic inquiry as to why we need credit to the more complex questions concerning how FICO scores are determined.

Our session slated for one hour stretched into a two and a half hour discussion. The takeaway for me as a credit union employee is that we need many more of these interactions. This is after all, the information age. And, the lasting effects of this type of information will surely beat the entertainment value of an Oscar ball gown.