American Heritage Provides Educational Resources for High School Seniors
Educational Blogs, Social Media Series and Online Resources Available for Recent Graduates
PHILADELPHIA, PA (August 19, 2022) — With high school just in the rear-view mirror, recent graduates are now looking ahead at the road to adulthood. To help ease that transition, American Heritage offers educational resources to inform young adults about the various products and services the credit union offers, as well as additional programs, tools, tips, and financial guidance they can use throughout their adult life.
Senior Send Off Series
Throughout the month of July, American Heritage dedicated a social media post each week to the Senior Sendoff Series. This series provided a basic overview of financial concepts and topics young adults should learn more about prior to entering the next phase of adulthood. With many young adults using social media as a primary source of communication and information, the series successfully targeted these younger members and reached over 6,000 individuals throughout the month.
Each post highlighted a specific topic that was relevant to recent graduates and where they are currently in their financial journey. Topics included banking and budgeting tips for soon-to-be college students, top skills young adults should master, resume building, establishing direct deposit, as well as college and career exploration. The series was accompanied by educational blogs that featured these and additional topics catered towards young adults.
Educational Blogs
For most young adults at the beginning of their financial wellness journey, the phrase “start right now” can be intimidating and can leave them wondering, “Where do I start?” American Heritage created a Financial Education Dictionary with 35 relevant terms to know to kickstart their financial independence.
Once young adults have educated themselves on these relevant terms, it’s time to get established at a financial institution. The Young Adult Financial Wellness Starter Kit gives an overview of the accounts, products, and services young adults should have or start familiarizing themselves with to continue their path to financial independence.
Checking and savings accounts are the foundation for any products or services one might need in the future. These accounts allow you to establish financial responsibility, manage expenses, make purchases, and create savings goals. Products and services that can be linked to these accounts include debit cards and digital services, which can make management of these funds and other financial responsibilities more convenient.
An additional product most individuals will need to cover a variety of expenses is a loan. Common loans for young adults include auto loans, personal loans, and credit cards. Each loan type has unique purposes, benefits, and financial responsibilities, all of which should be factored into an individual’s decision to open the loan.
Borrowing funds is a big responsibility and should be taken seriously. Asking yourself important questions like ‘how is my credit,’ ‘what payment can I afford,’ and ‘what kind of financing do I really need’ will help you make the best decision for your financial circumstances.
Along with these products and services, we compiled nine crucial tips young adults can reference to successfully manage their money now. Managing their budget, expanding on saving goals, and prioritizing their finances are a few of the essential skills individuals can master that will pay off for years to come.
This may seem like a lot of information for those just starting their financial journey, but it’s not necessary to know everything at once. It is, however, important to identify resources in your life that can help you along the way.
Learning Center
American Heritage’s Learning Center aims to be a financial resource for young adults and those looking for a one-stop shop of financial education. The Learning Center offers on-demand blogs, monthly webinars, financial calculators, and more for you to reference as you continue working towards financial success.
American Heritage also offers its members access to AmericanHeritageU, a comprehensive financial wellness and education platform. Members can take part in guided online learning courses, college and career explorers, financial wellness assessments and more.
About American Heritage Credit Union
American Heritage Credit Union is a member-owned financial cooperative with more than $4.8 billion in assets serving more than 800 Workplace Partners and more than 310,000 members, with more than 35 locations across Philadelphia, Bucks, Montgomery, Delaware, and Camden Counties. Founded in 1948, American Heritage Credit Union is now one of the top 75 largest credit unions in the United States and named a Best-in-State Credit Union by Forbes. For more information about American Heritage Credit Union please visit AmericanHeritageCU.org.
