Catholic Charities Loan and Financial Education Program recently hosted an in-person financial literacy seminar, Understanding Credit, in their Norwalk Family Center. The class was designed to meet the needs of Spanish-speaking students who often feel more comfortable learning in their native language.

Eduardo Cabrera, VP Community Manager, JP Morgan & Chase Company, addressed the students about their financial concerns and answered their budgeting questions. Students were encouraged to bring friends or family members and had the opportunity to interact directly with Mr. Cabrera on a one-on-one basis. Mr. Cabrera speaks to community organizations throughout Fairfield County about financial literacy. He believes we all need to know how to make our money work for us.

Students left the class with a few basic principles to help them feel more in control of their finances and better able to face future financial challenges. Students learned:

• How to build credit and understand a credit score
• The difference between good debt versus bad debt
• Strategies on paying debts and handling delinquent debt

Additional financial literacy seminars will be offered in the coming months. In the meantime, you can learn how you to make changes to your monthly budget and start paying off your high interest credit cards. Meet with Diane Barston, the Loan and Financial Education Manager, and her team today. They can review your budget and work with you to develop a plan to start paying off your credit card debt. They provide personalized financial education and can help create a budget that works for you. Please contact Diane Barston at 203-767-4854 or [email protected] to schedule an appointment or to request additional information.