Dover Federal Credit Union is proud to provide financial education at no cost to our community. Please contact Carole Langiu, Marketing Director, at 302-678-8000 ext 3015 to schedule any of the following seminars. Please note that a minimum of 20 attendees is required.

Build a Basic Budget--The 5-Step Spending Plan       

• Understand steps to set up a spending plan
• Identify spending leaks
• Track spending and find ways to save
• Set short- and long-term financial goals
• Audit progress and revise goals
• Use financial tools to reach goals

 Identity Theft--Who's Got Your Number?

• What ID theft is
• How crooks get your personal information
• When you have to give a Social Security, and when you don't
• How to minimize risk of ID theft--online and offline
• Tips to protect yourself from phishing attacks
• Warning signs that you might be a victim of ID theft
• What to do if you're a victim and where to get help

Take Charge--Wise Use of Credit Cards

• The benefits and costs of credit
• How to evaluate credit card offers
• How to get and read your credit report
• What a credit score is and how to get it
• How to avoid credit card fraud
• How to cancel unused credit cards
• How to build a good credit history

 Take the Wheel: Get the Best Car Deal

• Determine how much car you can afford
• Use a car inspection and test-drive checklist
• Deal with dealers
• Negotiate the best car price
• Decipher financing options and warranties
• Save on car insurance
• Find help if you have problems

 Check It Out: You & Your Checking Account

• How to find a checking account that matches your needs
• How to write checks correctly
• Tracking withdrawals to avoid bouncing checks
• Taking advantage of efficient electronic transactions
• How to balance your checkbook

Investing Basics: 10 Steps for Beginners

• Basic investing priciples (risk, return, diversification)
• Risk level of different investment vehicles
• Investment strategies such as dollar cost averaging
• Rule of 72
• Mistakes investors make
• How inflation and taxes affect your investment dollar
• How to evaluate different investment products

                  NOTE: This seminar is for the beginning investor.

Get it Together: Organize Your Financial Records

• How to determine what documents to keep
• Costs of NOT getting organized
• Why some record keeping systems fail
• How long to keep records
• Where to keep records
• Tips for getting and staying organized

 Home Buyer Education 1: Preparing Your Finances

• Four Cs necessary for home ownership: character, capacity, capital, and collateral
• Common home buying misconceptions
• Affordability, buying power, and spending plans
• Credit reports and scores
• Benefits and responsibilities of home ownership

Home Buyer Education 2: Shopping for A Home

• What kind of home do you want and where?
• How to find the right home
• Key players: real estate agents, appraisers, inspectors, lenders

Home Buyer Education 3: Life as a Homeowner

• Settling in your new home
• Debt management tips
• Household budgeting and spending plan tips
• Home maintenance
• Financial benefits of home ownership: increase in equity and net worth
•  mortgage process

Dover Federal Credit Union is proud to provide financial education at no cost to our community. Please contact Carole Langiu, Marketing Director, at 302-678-8000 ext 3015 to schedule any of the following seminars. Please note that a minimum of 20 attendees is required.