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“Those Three Numbers Say A Lot About You”

May 26, 2016 by FAAZWebII Leave a Comment

Eliah)Blog

 

They say wisdom comes with age, which rings true for Eliah as he’s realized early on that, “those three numbers say a lot about you.”

The three numbers Eliah is referring to are an individual’s FICO credit score.

“As I have gotten older, and now that I have a family, I have come to realize how important a good credit score is and how it impacts so many things.”

Opportunity Passport™ participant Eliah is going BIG and using his full savings match of $3,000 to build his credit.

“Building my credit is essential as it helps with obtaining and maintaining assets in the future, including getting a low interest loan for a car and a house. Not to mention, employers can pull your credit score so it ultimately impacts your employment.”

Eliah is one of the many young adults in Opportunity Passport™ to apply the savings strategies learned from the program to purchase an approved asset to help with financial stability.

“The Opportunity Passport™ program was VERY helpful for me as it taught me how to budget my money, evaluate my expenses, and to recognize the difference between my ‘wants’ and ‘needs’. It also taught me the importance of saving money for a rainy day in case an emergency happened. It’s not about me anymore it’s about my kids.”

Find out how YOU can “Sponsor A Youth” and help a young adult like Eliah purchase a life changing asset.

Filed Under: Aging Out, Moneywise, Opportunity Passport, Programs, Uncategorized Tagged With: arizona, Children's Action Alliance, financial literacy, foster care youth, Fostering Advocates Arizona, money wise, Opportunity Passport™, youth in foster care

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