Common Cents: Money and Homebuyer Education Class
- admin
- May 1, 2020
- 2 min read
Updated: Jun 17, 2024
Knowing about money, how to budget it, how to reduce debt, and how to save enough to buy a home or other assets is a huge accomplishment. In this 12-hour free, engaging, and interactive class, you will learn how to manage your money, improve your credit, and budget to buy a home. This class is open to everyone and required for people in the FAIM 3:1 Matched Savings program.
In this class, you will learn:
Budgeting to create savings
Understanding credit cards
What's in a credit report
Improving your credit score
Getting out of debt
Dealing with collectors
Avoiding predatory lending
Getting a mortgage
Preventing identity theft
You'll also earn a Homebuyer Education Certificate
Nearly everyone who has taken this class has said they wish they had done it sooner.
There is no charge for the class. Sections of the course rotate between online by Zoom and in-person each month.
Eligibility
This class is open to anyone interested in improving their financial skills or curious about buying a home.
How to Connect
If you would like more information about Common Cents or to schedule a housing counseling appointment, please call our office at 218-726-1665 or email us at bhansen@communityactionduluth.org.
Framework Homebuyer Course
Are you looking for a class that is less of a time commitment or only interested in a homebuyer education certificate? As an alternative option to Common Cents, we are happy to be partnering with Framework to provide an alternative homebuyer course. This course requires only 8 hours of your time and can be completed online at your own pace. After completing the course, you will need to have an advising session with your assigned HUD-Certified Homebuying Counselor to receive your certificate. Prior to completing the course, we recommend checking with your lender to verify that a Framework certificate qualifies you for your mortgage.
Buying a home is a big deal, whether you're doing if for the first time or getting back into the ever-changing market. When you educate yourself for smart homeownership with
Framework, you'll navigate every step of the process with confidence. The Framework course is affordable too: just $75.
To get started, visit caduluth.frameworkhomeownership.org. Click here for a video preview!
I love that this class covers improving credit and budgeting to buy a home - those are definitely the Idols of Ash many of us struggle with when it comes to finances. Actually, you could also add a section about negotiating interest rates since that's often overlooked but crucial for long-term savings.
This program offers a clear and practical path for anyone aiming to build stronger financial habits or prepare for buying a home. By focusing on budgeting, smart credit use, and managing debt, it helps create a stable and secure future. In a similar way, climbing Yala Peak is all about steady progress, the right guidance, and careful preparation—each small step bringing you closer to a safe and fulfilling adventure in the Himalayas.
This is a useful and well-structured program for anyone looking to improve financial skills or plan a home purchase. Learning budgeting, credit use, and debt control together can strengthen long-term financial stability. In the same way, climbing Mera Peak requires proper preparation, guidance, and steady effort. Small steps lead to a safe and rewarding Himalayan experience.
This is a very helpful and well-structured program for anyone planning to buy a home or improve financial skills. Learning budgeting, credit management, and debt control in one course can truly make a big difference in long-term financial stability. Just like planning a smart financial journey, trekking the Everest View Trail also requires preparation, budgeting, and the right guidance, where small steps lead to meaningful rewards and unforgettable experiences in the Himalayas.
The Common Cents class appears to be a valuable resource for anyone looking to improve their financial literacy and prepare for homeownership. The 12-hour interactive format is a practical way to gain essential skills in budgeting and credit management. I appreciate that you offer both in-person and Zoom options to accommodate different schedules. Improve your skill with puzzle.