Don't you wish
  someone sat you down early in your career or as a student and explained:

  • How the basics of saving works?
  • How to invest?
  • How to Set a budget?
  • How a mortgage works?
  • What a 401k is and how to allocate your paycheck?
  • What Mutual funds and stocks Are?
  • How to diversify and asset allocation?
  • How to use credit cards the right way to build your credit?
  • ... AND More.  Basic information that would have helped you be more efficient in running your everyday life? 
Many choose a curriculum to study for their future careers, but there is little to no emphasis placed on furthering their education in personal finance. 

Understanding the basics in personal finance might be more important than any other piece of knowledge you gain.  We use personal finance  every day.  Here’s a question… Is it safe to assume many do not use the information they learned in Chemistry or Physics class every day?  These are normally required classes.  Yet, unless you have a career in Physics or Chemistry, they are rarely used every day.

The Commonwealth Coach is designed to bring young adults (High School Juniors/Seniors, College Students, Young Professionals) the basics to personal finance.  It is structured in 8, 2-hour workshops for those wishing to build a foundation in their knowledge of managing their everyday life and planning for the future.  Each workshop is geared towards building knowledge and good habits (good fundamentals like in sports).

Coaching Players in the game of Personal Finance! 

Register Today for our next round of workshops.

Top 10 Mind Blowing Personal Finance Statistics

  1. 50% of Americans have less than one month of savings saved for emergencies [1].
  2. Students graduate with an average of $23,186 in student loan debt and $4,100 credit card debt [2].
  3. 56% of people did not know that credit score is the single most important factor when applying for a loan for a house, a car or even a new credit card [3].
  4. People spend 12-18% more when using credit cards than when using cash [4].
  5. You can save $112,000 over a lifetime by bringing your lunch to work in a brown paper bag [5].
  6. A recent study by Harris interactive found that 57% of households do not have a budget [6].
  7. 61% of Americans are living paycheck to paycheck, up from 49% last year and 43% in 2007 [7].
  8. 32% of Americans say that thrift is the new norm [8].
  9. The difference between a 670 FICO Score and a 760 score can save you almost two thirds of a percentage point on a 30 year mortgage which translates into almost $28,000 in extra interest payments on a $200,000 mortgage [9].
  10. Personal saving as a percentage of disposable personal income was 3.0% in August 2009, compared with 4.0% in July [10]. 


[1] poll
[2] and Sallie Mae
[3] The Monitor newspaper
[4] Dunn & Bradstreet study
[5] Own The Dollar
[6] Harris 2009 Financial Literacy Study
[7] poll
[8] Money Magazine

Register Today for our next round of workshops.