Dakota Wesleyan University Spotlight

October 14, 2021

Some of our counselors had a busy week at the end of September doing some speed counseling with students at Dakota Wesleyan University in Mitchell, SD. Brian Ringler, Dawson Muska, and Olivia Lima met with 79 students in 15 minute increments to discuss money management, what costs will look like when they complete school, and any questions they had. Everyone’s situation was so different: ranging from freshman with $100/month budget, to married students with $4000 plus a month in their budget.

Speed-Coaching-Logo-Website-1-BLACK-01

This was a great opportunity for students to get a glimpse of what things may look like with their finances once they graduate, and also a way for them to see all the services we have to offer at Center for Financial Resources to help them with their financial goals.

Now, even thougsh these sessions were 15 minutes long, our normal session is about an hour long, and usually takes a few meetings. Winning a race doesn’t happen overnight, it takes practice, and same goes with financial goals, which our counselors would love to help. If you need a second set of eyes to help go over your financial goals, or even where to start on creating your goals give us a call at 1-888-258-2227 or online at www.lsssd.org.

Written by Cassie Johnson, Financial Counselor and Educator

Photo credit: thecoachofspeed.com

LSS Center for Financial Resources
Consumer Credit Counseling Service | Housing Resources | Sharpen Your Financial Focus | Financial Fitness Education
705 East 41st Street, Suite 100 | Sioux Falls SD 57105-6047
605-330-2700 or 888-258-2227
www.LssSD.org
Strengthening Individuals, Families & Communities

FB icon   Twitter icon    LinkedIn icon 2    YouTube icon   LSS  Blog button My Money CheckUp icon


The Next Journey

September 30, 2021

It’s been kind of a bittersweet week for those of us at the Center for Financial Resources. Read the rest of this entry »


School Daze

September 23, 2021

You have HOW MUCH in student loan debt?!?  Well, did you know you can pay a mere $5 a month for the next year Read the rest of this entry »


Can’t live with them, can’t…… well, you know

September 16, 2021

I once had a conversation with a young lady that was in one of my classes.  She had applied for a car loan, and the lender asked her about a credit card she hadn’t noted on her application. She wasn’t aware she had a credit card, but a little digging found that the card had been opened in her name when she was only 6 months old.  They were even making the payments on time.

When I asked  if she was going to pursue legal action as many of us would assume, she explained that she didn’t think so. The perpetrator was a family member.  Her grandmother.

Wow.  We usually think of someone off in Russia, Africa, or anywhere else other than here doing all of the identity theft via hacks and phone scams.

Unfortunately, family members are among the most common perpetrators of identity theft.  Think about it.  We generally trust them to the point that we are willing to leave our personal information with them.  Even if we don’t intentionally do it, we let them visit our homes and don’t even think to secure our information.

id theftUnfortunately, this is also why a large portion of identity theft goes unaddressed.  In order to have it cleaned from your credit history, you have to file a police report.  When it is a family member, many people refuse to press charges or even report that the theft happened.  They have a sense of loyalty to their family member, even though it is obviously not reciprocated.

So you haven’t used your credit card at one of the stores that have been hacked.  You have been so careful about giving out any personal information whatsoever and certainly not over the phone.

 It doesn’t mean you can’t be a victim. Fortunately, I haven’t been in that situation.  No one has stolen my identity, let alone family.  I can’t pretend to know what is right at that moment.  Only you can make that choice when it actually happens.

But before you make up your mind, consider what that negative credit history can impact: access to loans, opening a checking account, getting a job, getting an apartment, cell phone, or utilities and even your insurance rates.  Yes, insurance companies charge those with bad credit higher rates. One of the steps you can take to prevent identity theft is to lock down your credit file.  This means no accounts can be opened unless a PIN is provided.

Pulling your credit report is free through AnnualCreditReport.com.  Even if you choose not to press charges against your family or anyone else that steals your identity and financial well-being, at least know what is on your report.  You can plan accordingly rather than being surprised when you are already moving in a direction that is no longer available to you. 

 If you find your identity has been stolen and aren’t sure where to even start, at least talk to a non-profit credit counseling agency.  We can help you to address the situation, and talk about steps to begin the process of rebuilding.  You can have someone to walk through that process with you by scheduling an appointment with a counselor at the Center for Financial Resources either online at www.lsssd.org or by calling us at 1-888-258-2227 .  The decisions, uneasy as they may be, are yours to make.  We’ll just lay your options out and walk with you.

Written by Sylvia Selgestad, Financial Counselor and Educator

Photo credit: blogspot.com

LSS Center for Financial Resources
Consumer Credit Counseling Service | Housing Resources | Sharpen Your Financial Focus | Financial Fitness Education
705 East 41st Street, Suite 100 | Sioux Falls SD 57105-6047
605-330-2700 or 888-258-2227
www.LssSD.org
Strengthening Individuals, Families & Communities

FB icon   Twitter icon    LinkedIn icon 2    YouTube icon   LSS  Blog button My Money CheckUp icon

 


Our House

September 9, 2021

Our House…

…Is a very very very fine house. Or is it in the middle of our street?  Either way, as a homeowner, you need to be thinking about what’s just around the corner. Read the rest of this entry »


Choppin’ Broccoli

September 2, 2021

I’m probably dating myself here, but for those of you on the planet for awhile, you may remember Dana Carvey on SNL and his Choppin’ Broccoli song.  If you don’t know it, do yourself a favor and hit the Google. Read the rest of this entry »


Help! I need somebody!

August 19, 2021

In case you weren’t aware, right now there is a lot of help available to those who have Read the rest of this entry »


Christmas All The Time

August 12, 2021

How’s that Christmas shopping coming? Read the rest of this entry »


You Can’t Always Get What You Want

August 5, 2021

To paraphrase Mick, “you just might find, you get what you need.” A lot of us think, “If only I made more money, life would be so much easier.”  It would be nice not to worry about money, but let’s be honest.  Read the rest of this entry »


The Circle of Life

July 29, 2021

What’s the first thing you thought of when you read that title?  The Lion King? Something else? Circles are everywhere in our lives, vicious circles, circles of life, truth etc. Read the rest of this entry »


%d bloggers like this: