Free Personal Finance Workshops Offered in Park City

SALT LAKE CITY - March 21, 2014 - PRLog -- Salt Lake City/Park City, UT – Local nonprofit agencies Fair Credit Foundation and Habitat for Humanity of Summit and Wasatch Counties, Utah have teamed up to bring new financial opportunities to Summit County residents.

The 2014 CFED Assets and Opportunity Scorecard, which ranks each state according to the financial health of its residents, found that 51% of Utah residents have sub-prime, or lower credit ratings, and that the average credit card debt is almost $9,000. This is in addition to an increasing number of college graduates who owe significant student loans upon graduation, or who are in default on their student loans.

In response to these financial health factors, the agencies are providing two free personal finance workshops aimed at helping individuals improve their financial management skills and become strong, savvy consumers.

The first workshop, Kick Your Credit into Shape, will be held on March 25^th and the second workshop, Budgeting for Success, is scheduled on March 27^th. Both workshops are from 6:30-7:30 PM and are being hosted by Habitat for Humanity in their Park City offices located at 6280 Silver Creek Drive, just East of I-40.

Certified Personal Finance counselors from Fair Credit Foundation will teach participants how to build and maintain great credit, how to establish a budget that works toward your financial goals, and how to maintain good credit and budget strategies on an ongoing, long-term basis. Participants will have access to the latest tools and techniques available for use in their personal financial management strategies.

The workshops are free to attend, but registration is recommended due to limited seating availability. Registration is available online at http://www.faircredit.org/event_calendar.asp or by calling Jennifer Rohn at 801-656-1608.

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About Fair Credit Foundation

Fair Credit Foundation is an award-winning, nonprofit consumer credit counseling and HUD-approved housing counseling agency dedicated to expanding financial capability for all. The agency’s portfolio of programs services are designed to assist individuals and families in developing sound money management strategies for building secure financial futures. Home of  Utah’s IDA Matched Savings Program and Utah Saves. For more information, visit http://www.faircredit.org.

About Habitat for Humanity of Summit and Wasatch Counties, Utah

Habitat for Humanity International (HFHI) is a nonprofit housing organization and non-denominational Christian ministry that builds modest, affordable homes in partnership with communities and qualifying home buyers in need of decent, safe and affordable housing. Habitat for Humanity of Summit and Wasatch Counties is an independently organized local affiliate of HFHI that serves Summit and Wasatch Counties, Utah. Incorporated in 1995, Habitat’s Summit and Wasatch Counties builds new ‘green’ homes, rehabilitates existing housing stock and helps qualifying low to moderate income home owners with low cost home repairs and maintenance to preserve their homes. Since 1975, HFHI has built more than 800,000 homes, providing shelter for over 2.5 million people worldwide.  Now at work in 100 countries, HFHI builds, on average, one house every 21 minutes.  More information about Habitat for Humanity of Summit and Wasatch Counties can be found at http://www.habitat-utah.org.