4 Ways to Get Free Financial Advice

When it comes to advice, many of us have grown accustomed to asking friends and family members for their thoughts.

In some scenarios, this might be the right course of action.

But, when it comes to finances, it’s best to seek the advice of a professional.

And who doesn’t want expert guidance when it comes to managing money?

One of the biggest barriers people struggle with is how to get free financial advice.

And now, in light of the recent novel coronavirus pandemic, people are in need of advice more than ever.

Americans have lost their jobs; some businesses have closed while others had to change how they operate. This unexpected change in our daily lives has raised questions about finances and the security of futures.

Whether you are struggling with daily expenses or you need help planning for the future, there are professionals who can answer your questions and put you on the right track.

1. The Association for Financial Counseling & Planning Education

For over 30 years the Association for Financial Counseling and Planning Education (AFCPE) has offered financial counseling and education for those in need.

Financial planning resources include planning for life’s changes, military essentials, COVID-19 resources, and Government shutdown resources, among others.

Through these resources, their professionals can help educate individuals and families and give peace of mind when it comes to finances.

2. Federal Deposit Insurance Corporation

Protecting finances is important for all of us, but especially for seniors.

Free financial advice for seniors can be essential in protecting the assets seniors have worked hard for their entire life.

The financial programs offered by the Federal Deposit Insurance Corporation (FDIC) raises awareness surrounding topics like financial exploitation, encouraging financial planning, and how to make good financial decisions.

The curriculum offered by the FDIC consists of instructor-guided sessions, PowerPoint slides, and a resource guide.

3. Government Benefits

The federal agency partnership website Benefits.gov can help with financial assistance in addition to other categories like employment and career development, healthcare and medical assistance, disaster relief and other categories.

The financial assistance category can be filtered by state and topic — tax assistance, loan repayment, living assistance, and insurance.

Residents of New York State can find free financial advice in areas such as Equal Opportunity Housing and the Qualified Disabled and Working Individuals (QDWI) Program.

4. Professional Advice from Hudson River Community Credit Union

Our mission is to help our members — and future members, feel more confident in their finances and the decisions they make.

Providing financial advice, counseling, and easy access to educational resources helps bring clarity to complicated situations.

Put your mind at ease while working with our experts to manage debt, credit challenges, and securing a financially stable future.

In times of uncertainty, or many of life’s big moments, leave no stone unturned — or question unasked.

Get help from our experts in areas of finance like applying for a mortgage loan (and determining which option is best!) or opening a traditional IRA certificate.

No matter why you’re seeking financial advice, it’s important to remember that professionals have your best interests in mind and can help set you up for success.

So, the next time a friend or family member offers you a penny for your thoughts, they might not have all the answers when it comes to your finances.

Discover how we make our members lives better by providing tailored solutions to fit each unique situation.