FEMA Says You’re Ineligible for Disaster Assistance? Do This.

There has been quite a bit of bad information running around about what to do if you receive a determination letter from FEMA indicating that you are “ineligible for disaster assistance. As a result, we thought we would publish some information that comes straight from the experts…..FEMA and the Ohio Emergency Management Agency. Here is […]

What Goes into Your Credit Score?

Federal Disaster Relief Approved for Much of Ohio Following Memorial Day Storms

In a press release dated Tuesday, June 18th, FEMA announced that the President approved federal disaster relief for parts of Ohio impacted by the Memorial Day storms and tornadoes. The information released included the following: Assistance for Affected Individuals and Families Can Include as Required: Rental payments for temporary housing for those whose homes are […]

The City of Trotwood and The HomeOwnership Center Aim for Impact in Trotwood

The City of Trotwood partnered with the HomeOwnership Center to bring homeownership and financial counseling services to Trotwood! That’s right, clients of the HomeOwnership Center and the CCCS can make appointments and receive counseling and other services in Trotwood. Thanks to an initiative spearheaded by Mayor Mary A. Mc Donald, the city made available the […]

What Could a DMP Do for You #1

While not the perfect solution to all financial problems, a DMP or Debt Management Program can be a real lifeline for consumers that are drowning in debt and struggling to make the minimum payments on their monthly bills. That’s certainly true for this month’s example family. Not all debt can be included in a DMP. […]

1 in 4 Americans Don’t Have $400 in Emergency Savings

According to a 2018 Federal Reserve study, 1 in 4 Americans don’t have $400 in emergency savings. That means if they had an unexpected expense such as a medical emergency or car repair, they would have to turn to debt to cover the cost. The additional debt just leads to more financial instability as struggling […]

Budget Tip #1 – How to Budget for Periodic Expenses

How do you budget for those expenses that you know are coming, but that don’t show up every month? You know, like insurance payments, birthday and holiday gifts, or car maintenance? We call those periodic expenses and they can wreak havoc with your paycheck if you don’t plan for them. What happens if you didn’t […]

A New Homeownership and Financial Wellness Powerhouse

Graceworks Lutheran Services’ Consumer Credit Counseling Service (CCCS) has offered consumer finance education,  credit counseling, and debt management programs since 1980. County Corp’s The HomeOwnership Center provides homeownership counseling, down payment assistance programs, foreclosure prevention programs, and personal finance education. So, what would happen if you were to combine these two resources for the Dayton […]

Model of a house sitting on a pile of money with the caption "Getting a tax refund? Put it down on your first home."

Getting A Tax Refund? Put It Down on Your First Home

What are you doing with your tax refund? Are you trying to save up for a home of your own? Coming up with a down payment for your first home seem like an impossible task? You’re not alone. The number one problem cited by first-time homebuyers is the difficulty they have saving for a down […]

The New Tax Overhaul Probably Won’t Make a Difference to Your Home Related Taxes.

When we think about taxes issues related to being a homeowner, we usually think of three areas; property taxes, the mortgage interest deduction, and the capital gains tax that comes with selling your home. Right now, with the House and Senate working on a tax overhaul, how will you be affected? Property taxes – no […]