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Can financial education improve lives?

If the Great Recession and Covid-19 have taught us anything, it is that the unexpected does happen and that it pays to be prepared. Being financially stable and having emergency funds can make all of the difference. Impulse buys pre-Covid made up a $17.78 billion dollar market, and many now run the risk of falling back into bad habits. 

How people deal with money not only impacts their financial health, but their overall wellbeing. Prioritizing financial planning through financial counseling and access to financial literacy courses can improve stability. We provide a comprehensive financial education course to all applicants and have a list of apps, books, podcasts and articles here to improve your financial acumen.

In fact, a study by the University of Cambridge found that money habits in children are being formed by the time they are 7 years old. We’ve put together a list of some great articles and tools for toddlers up to high schoolers to learn good money habits. There is no such thing as too early! Go to the Children and Money section of our resources page to learn more. 

Success Story

“With the eVolve financial course I was able to understand how to budget and differentiate my needs and wants. This helped open my eyes and face the issue, then figure out how to deal with it. Now I will be able to teach my daughter how to budget and manage money going forward.” - Tashonda H.

Read this Thank You Letter and more like it here.

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Spotlight News

If you never learned how to manage money well, it's not too late to take an online class. For even more personal finance courses, see US News & World Report’s list of those available from top learning institutions here.

Did You Know? Rent payments can boost credit scores

Millions of renters could get a big boost to their credit score if landlords report their on-time rent payments. While all three major credit reporting agencies will include rental history on your credit report if it is supplied, the burden is on landlords to report payment history or enroll in a rent-reporting service that tracks rental payments. California recently passed a bill that took effect July 1, requiring landlords of assisted housing developments to offer residents rent payment reporting, and Colorado is working on a similar bill.
Find out more here.

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RRF has partnered with leading multifamily organizations that have pledged financial support to our cause. Can we count on your support?
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