Financial Garden

04/25/2025

💳 Building Financial Confidence One Student at a Time! 💳
What an amazing day at Community & Media Arts High School's Financial Literacy Week in the Detroit Public Community Schools District! 🌟 The theme was Surviving vs. Thriving, and Financial Garden was thrilled to share our CreditWise U program with these bright students.

Here’s what they learned:
✔️ How to start building credit and a high score by age 18.
✔️ Ways to avoid drowning in student loan debt.
✔️ The surprising impact of credit scores on everyday purchases—like buying a car.

👀 Did you know? Apps like Klarna and Afterpay can hurt your credit if used improperly. That was a major takeaway during today’s credit activity, where students discovered how credit scores influence interest rates and monthly payments.

We’re so proud to help teens take charge of their financial futures. Thank you for having us Communication And Media Arts High School💚

07/27/2024

Hey parents, want to give your teens a head start in understanding credit and debt?!
Look no further than Creditwise U! We educate teenagers on how to navigate the world of credit:
1. How to establish an excellent credit profile
2. How credit scores are calculated
3. Ways to protect their credit (even as a minor)
4. Fundamentals of student loans
5. Avoiding debt pitfalls as a young adult
This event is a must for all high school teenagers! Register now and invest in your teen's financial literacy!

07/27/2024

We're just one week away from CreditWise U! Spread the word to parents of teens in the Detroit area, giving their teenagers the chance to attend this impactful event!

Hey parents, want to give your teens a head start in understanding credit and debt?!
Look no further than Creditwise U! We educate teenagers on how to navigate the world of credit:
1. How to establish an excellent credit profile
2. How credit scores are calculated
3. Ways to protect their credit (even as a minor)
4. Fundamentals of student loans
5. Avoiding debt pitfalls as a young adult
This event is a must for all high school teenagers! Register now and invest in your teen's financial literacy!

07/19/2024

Equip Your Teen with Essential Financial Skills! 🏦📊
Register your teen for CreditWise U, a free workshop that demystifies the world of debt and credit management. With hands-on learning about student loans and credit scores, plus exciting food, prizes, and giveaways, this is an opportunity they can’t miss!

📅 Saturday, August 3rd
🕙 10 am to 1 pm
📍 Detroit Public Library Main Branch, 5201 Woodward, Detroit, MI 48202

07/18/2024

Did you know that financial aid is not free money? Often, when families are navigating the college search, the term "financial aid" is mistakenly used interchangeably with "scholarships." This is a major no-no because financial aid packages often include STUDENT LOANS. Families sometimes choose a school based on a higher financial aid offer without realizing it includes significant loan amounts. CreditWise U teaches teens the true impact of student loans, including:

Student loans must be repaid whether a degree is earned or not.
The effect of student loans on credit scores.
How student loan balances grow over time due to interest.
Join us at CreditWise U at the Detroit Public Library Main Branch on Thursday, August 1st, and Saturday, August 3rd, from 10 am to 1 pm. Register your teen today!

07/18/2024

Equip Your Teen with Essential Financial Skills! 🏦📊
Register your teen for CreditWise U, a free workshop that demystifies the world of debt and credit management. With hands-on learning about student loans and credit scores, plus exciting food, prizes, and giveaways, this is an opportunity they can’t miss!

📅 Saturday, August 3rd
🕙 10 am to 1 pm
📍 Detroit Public Library Main Branch, 5201 Woodward, Detroit, MI 48202

Financial Garden teaches students (K-12), parents and educators financial basics by planting seeds o

07/16/2024

Parents, have you started talking to your teens about credit and debt? It’s a crucial conversation that can set them up for a lifetime of financial success. Here are some tips to get started:

Explain the Basics: Help them understand what credit is and how it works.
Share Real-Life Examples: Use your own experiences to show the impact of good and bad credit decisions.
Discuss the Consequences: Talk about the importance of paying off debt on time and how it affects credit scores.
Teach Responsible Spending: Encourage them to make thoughtful decisions and differentiate between needs and wants.
For a deeper dive, join us at CreditWise U, where teens can learn everything they need to know about credit and debt.

📅 Thursday, August 1st, and Saturday, August 3rd
🕙 10 am to 1 pm
📍 Detroit Public Library Main Branch, 5201 Woodward, Detroit, MI 48202

Register your teen today!

07/13/2024

Most high school students entering CreditWise U know the importance of having a good credit score, and some even understand that a higher score is better. However, many are unsure about how a credit score is established or how to build one. CreditWise U bridges this gap, and you have the chance to register your teen for this impactful event!

CreditWise U educates teens in an engaging and effective way about the basics of credit scores and much more. Join us at the Detroit Public Library on Thursday, August 1st, and Saturday, August 3rd, from 10 am to 1 pm at the Main Branch, 5201 Woodward, Detroit, MI 48202. Register your teen today!

07/12/2024

Are your teens aware of the true cost of choosing Buy Now, Pay Later (BNPL) options when shopping online? Although these services are available only to those 18 and older, targeted ads are encouraging teens to focus on manageable monthly payments instead of the total cost, setting them up for potential financial pitfalls. Here are two major concerns:

The impact on credit scores: Programs like Klarna or Afterpay often hide critical details in the fine print. Missed payments can severely damage credit scores and lead to significant interest charges.

Misleading perception of affordability: Teens may start believing that all their desires are within reach by simply thinking in terms of monthly payments. This mindset can obscure the actual debt being accumulated.

At Financial Garden, we’re addressing this issue through CreditWise U, a free financial education event for teens. Join us on Thursday, August 1st, and Saturday, August 3rd, from 10 am - 1 pm at the Detroit Public Library Main Branch, 5201 Woodward, Detroit, MI 48202. Register your teen today!

07/07/2024

Hey parents, want to give your teens a head start in understanding credit and debt?!

Look no further than Creditwise U! We educate teenagers on how to navigate the world of credit:

1. How to establish an excellent credit profile
2. How credit scores are calculated
3. Ways to protect their credit (even as a minor)
4. Fundamentals of student loans
5. Avoiding debt pitfalls as a young adult

This event is a must for all high school teenagers! Register now and invest in your teen's financial literacy!

04/18/2024

🔑Unlock your teen's financial potential! Part 2 of Crediwise U by Financial Garden is happening this Saturday, April 20, from 10am - noon! 🌱
Discover the secrets of maximizing financial aid opportunities and demystifying the world of student loans. 💡 Arm your teen with crucial knowledge on establishing and nurturing a healthy credit score, setting them up for lifelong financial success!

04/08/2024

Hey parents, want to give your teens a head start in managing their finances? Look no further than Creditwise U, a FREE event at Detroit Public Library presented by Financial Garden! Over two Saturdays, your teen will learn crucial money management skills, including how to navigate the world of credit, understand student loans, and recognize and avoid credit scams. With sessions on building a solid credit profile and understanding credit scores' correlation to interest rates, this event is a must for any teen looking to secure their financial future. Register now and invest in your teen's financial literacy!