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Welcome to SOFA's Education Homepage where you will find articles, our SOFA blog, and seminar topics that will give you knowledge, inspiration, and more! Visit our Article Database for current stories about the world of finance. Whether we provide you insight on ways to cope with financial stress, or maybe help you start thinking about your retirement, SOFA is here! Don’t forget to check out our seminar topics, and schedule a free educational workshop for your group today!

April 28, 2016   |   Category: SOFA News   |   Author: James E. Chilton
Do you remember when we were kids and we played musical chairs? A very simple game ... you go around in circles while the music is playing. Then, when the music stopped, you scrambled for a chair. The one left standing lost. Though a simple game for children, most Americans play it with their money 24/7 their entire lives. Instead of building a plan, creating a financial blueprint for one’s present and future, they, like children playing musical chairs, go round and round — dealing with the present — never realizing the music will eventually cease ... kid’s college, retirement, paying off the mortgage, having to buy a car at an unexpected time. The needs and the list go on and on, around and around, with little planning in mind. Then reality sinks in...
April 20, 2015   |   Category: Future Planning   |   Author: Laura McCamy
“Small-business owners are like fighter pilots,” says Jim Chilton, founder and CEO of the nonprofit Society for Financial Awareness (SOFA). “They take much more risk than other people.” SOFA offers free training in financial literacy for individuals and small-business owners. “If you don’t do planning, you will have a world of financial blunders,” Chilton says. In honor of...
February 5, 2015   |   Category: Future Planning   |   Author: Dan Barufaldi
Source - Investopedia Clearly, small businesses are important to us all, but only the better managed businesses succeed. In a small business, effective management means properly balancing five factors: - Customers - Cash flow - Credit - Credibility - Capital These are referred to as the five "C"s. Let's take a look at these requirements to see how they...
December 7, 2014   |   Category: Money and Credit   |   Author: Bureau of Consumer Protection
A Summary of Your Rights Under the Fair Credit Reporting Act The federal Fair Credit Reporting Act (FCRA) promotes the accuracy, fairness, and privacy of information in the files of consumer reporting agencies. There are many types of consumer reporting agencies, including credit bureaus and specialty agencies (such as agencies that sell information about check writing histories, medical records,...