CEO plans seismic change for financial counseling firm

CEO plans seismic change for financial counseling firm

FierceCEO - November 2, 2017

Kristen Holt got her first fiscal life lesson from her parents.

When she was 10 years old, they allowed her to start her first job - walking dogs.  But the condition was she save half of the money she earned.

"That really stayed with me," said Holt.  And it shows.  She is now CEO of a nonprofit financial counseling company.

GreenPath Financial Wellness counsels and offers programs for people to pay down debt.  In the position for just 18 months, Holt says it suits her to a tee given her skills as a Certified Public Accountant and her penchant for personal finance.

To learn more about Kristen Holt's plans for plans for change at GreenPath, click here.

Q&A: Brad O'Brien, of GreenPath Financial Wellness, wants to destigmatize debt

Q&A: Brad O'Brien, of GreenPath Financial Wellness, wants to destigmatize debt

Katelyn Ferral/The Cap Times
22 October 2017

Brad O’Brien is working to change conversations around personal finance and debt. As the manager of financial education at GreenPath Financial Wellness, he develops and leads initiatives to help people get out of debt.

GreenPath is a nonprofit group that was founded in Detroit in 1961 aimed at helping people manage and get out of credit card debt. The group is still based in Detroit, but now has offices in 18 states and offers free, in-person and over-the-phone counseling services to anyone nationwide. It served about 200,000 people nationwide and 6,000 people in Wisconsin last year, O’Brien said.

To check out the full story, click here.

Norman Rockwell, a Detroit Artist and an Inskter Mural - Deadline Detroit

Norman Rockwell, a Detroit Artist and an Inkster Mural

Alan Stamm/Deadline Detroit
8 October 2017

 

We tripped down a rewarding rabbit hole while clicking through background on Detroit painter Sydney G. James.

The 2017 Kresge Artist Fellowship winner ($25,000) and College of Creative Studies alumna (2001) is among 54 muralists who brightened the city two weeks ago with street art for the Murals in the Market project. James earlier was a resident artist at the Red Bull House of Art and last spring was one of six African-Americans from Detroit featured at a gallery in Lower Manhattan's Chelsea district.

To check out the full story on "No Census Taken" commissioned by GreenPath, click here.

Don’t Load Up on Debt to Build Credit - NerdWallet

Don't Load Up on Debt to Build Credit

Building your credit can unlock possibilities and save you money. It’ll help you qualify for loans and credit cards at lower interest rates, and you might get a break on your car insurance rate or avoid deposits on utilities.

But be strategic about the approach you pick. Taking on high-cost debt to improve your credit can leave you in a worse place than where you started.

 

 

Get Out of Debt and Into Earnings - CardRates.com

Get Out of Debt and Into Earnings: GreenPath™ Guides Your Financial Journey, Helping You Pay Off Loans and Reach Your Financial Goals

GreenPath was born as a budgeting and financial education service out of the Michigan Credit Union League in 1961. A decade later, it was already expanding into other states, and today, it has offices in 18 states, at 60 different locations, with more than 450 employees. Although founded to help people through financial crises, the nonprofit has expanded its focus to help people achieve their financial goals

 

 

How much do you owe on your credit card and can you pay it off? - The Sun Herald (Gulfport, Mississippi)

How much do you owe on your credit card and can you pay it off?
Mary Perez/The Sun Herald (Gulfport, Mississippi)

22 January 2017

Even before Christmas, Americans went on a spending spree, adding a record $21.9 billion in credit card debt in just three months from July through September.

Then we each charged $1,000 more in holiday spending, according to consumer financial-education website Magnify Money, and are starting 2017 with more debt than some can ever pay.

During the national recession, people cut spending, started saving and paid down their credit cards.
 

'Tis the Season to Pay off Credit Card Debt - (Time Warner News)

'Tis the Season to Pay off Credit Card Debt
Alese Underwood/Time Warner Cable News (San Antonio)

29 December 2016

Paying off all that credit card debt from the holidays might be a little harder than you think in 2017. Our Alese Underwood shows us how an interest rate hike could damage your credit score if you're not careful.

SAN ANTONIO -- As holiday spending winds down, tis' the season to pay off your credit cards, but it might cost you a little extra in 2017.

"The average American has about nine credit cards in their wallet at any given time," said Federico Pena with GreenPath Financial Wellness.

How much is too much for a car payment? - Detroit Free Press

How much is too much for a car payment?
Susan Tompor/Detroit Free Press

19 January 2017

Story Highlights

  • Counselors at GreenPath say aim to spend 15% of income on transportation, including car insurance.
  • About 40.7% of new car loans are in the 61 month to 72 month range, Experian says.
  • Payments on a $20,000, five-year car loan would be about $371 a month with a 4.3% rate.

New Contracts Across Metro-Detroit - Crain's Detroit Business

New Contracts Across Metro-Detroit
Crain's Detroit Business

15 January 2017

CONTRACTS

Asset Health Inc., Troy, a health and wellness consulting, managing and technology firm, and GreenPath Inc., dba GreenPath Financial Wellness, Farmington Hills, a nonprofit financial counseling and education organization, are launching Asset Health-GreenPath Financial Wellbeing Services.

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