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Financial Trauma

Posted On: March 1, 2024 by San Luis Valley Federal Bank in: Financial Education

Confronting an Unspoken Reality: Financial Trauma Affecting Money Management.

In the realm of financial education, there exists a subject rarely discussed: financial trauma. Yet, despite its taboo nature, its impact reverberates through countless lives, often quietly shaping financial behaviors and attitudes. 

However, recognizing and addressing financial trauma isn't always met with open arms. Some may view it as an unnecessary intrusion into personal matters or dismiss...

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Tags: Financial Health, Financial Trauma

Financial Health

Financial Health

Posted On: January 20, 2023 by San Luis Valley Federal Bank in: Financial Education

Set Your Calendar Every Year for Good Financial Health

Your credit report is your most important financial document. It’s what’s used by lenders to determine if you’re eligible for a loan, and it may also be checked when you apply for a job, insurance, or to rent a property.

The information on your credit report is used to calculate your credit score. If you want to increase your score, you need to make sure that the information the credit bureaus are collecting...

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Tags: Credit Report, Credit Score, Financial Health, Financial Literacy