Tag Archives: wichita credit union

Money Possible Participant Update

Dolar HammerOur “call to apply” was a success! We received more than 15 applications from credit union members, ready to destroy their debt. The Kansas Credit Union Association is in the process of finalizing the nitty gritty details with each participant.

We are keeping the identities of our Money Possible participants under wraps until the week of January 27, so you’ll have to hold onto your hat for just a few more weeks.

Money Possible segments will begin airing on KAKE-TV (ABC, Channel 10) Tuesday, March 4 so be sure and set that DVR up to record. Are you one of those people who don’t have “regular” TV? No worries…these segments will be available online at momseveryday.com. If you don’t have that “Interweb” thing that Al Gore invented, well, we can’t help you with that one.

Segments will include live interviews once a month, as well as weekly participant updates so you can cheer our participants on, or give a sympathetic nod when things aren’t going their way. Because you know you’ve been there too.

For those with the attention span of a Twitter user, 15 second Destroy Debt tips will air throughout the duration of the campaign. And speaking of Twitter, you can stalk, I mean follow along along at #moneypossible. The best part is you don’t even have to leave your couch to learn tips and tricks that even the most financially challenged person can use. Score!

In the meantime, our participants will be meeting with Consumer Credit Counseling Service to assess the best way to destroy their household debt.

Wait, back up the truck, Chuck. Just finding out about this Money Possible thingy? Here’s the short story: It’s a consumer financial literacy campaign supported by the Kansas Credit Union Association and in partnership with Kansas credit unions and the Kansas Consumer Credit Counseling Service. Read more about the Money Possible: Destroy Debt campaign.

If you want to participate but don’t want to air your dirty laundry, free Money Possible packets will be available during the campaign at Wichita area credit unions to anyone who asks.

Still have a burning question? Contact Melissa Baptista, Research and Development Director, Kansas Credit Union Association, (800) 362-2076, ext. 3016.

[ Your Photo Here ] Wichita area credit union members

Your-photo-here-for-blog-postTrying to pay down debt? You are not alone.
Eight in 10 Americans are too. So why not get some help?

Money Possible is looking for Wichita area credit union members who want to receive financial counseling, plus learn ways to help pay down your debt.

This campaign is loosely based on “The Biggest Loser” TV show, but instead of losing “physical” weight, participants will lose “financial” weight. And you won’t event have to take your shirt off…

Financial weight? What?

That’s right. Financial weight…the amount of debt people have. The average American is thousands of dollars in debt which includes credit card debt, loans and plain old “I owe Uncle Jimmy $200” type debt.

Who are we looking for?
Ideal candidates have some kind of debt, and don’t mind sharing on local media, social media and this blog.

“Oh no, I don’t want to share my personal financial issues!”

Have you seen what people share on Facebook?

All kidding aside, think of it this way. The majority of American have some kind of debt. We’re all in the same boat. Not only will you be on your way to financial health, you will be inspiring others to do the same.

A group of people cheering you through success or encouraging you through challenges just might be what you need to get your finances under control. And we’re hoping to find three individual or family credit union members, so you won’t be alone in the program.

What you’ll do
You will meet weekly (for 16 weeks) with a financial counselor from the consumer credit counseling service, who will evaluate your current situation and map out your road to success.

Each week you’ll write a blog post…a little something about what you’re doing.

  • This could be as easy as “we found out we spend way too much on Cheez-Its, so instead of buying 25 boxes a month, we’ll only buy 10 boxes…which will save us $37.50 per month. We’ll take the money we saved and apply it to one of our credit card debts. In three months we’ll have paid down $100 toward our debt.”
  • It could be something you learned about credit reports, or that some debt is actually good debt.
  • You could write about a setback you’ve come up against…an unexpected expense and how you are coping with the situation.
  • The post could be that you helped your fourth grader calculate the difference between a name brand item and a generic item and how much you will save in a year if you went with the less expensive version.

The ideas are endless…and if you’re stuck, we’ll help provide you with some ideas.

Oh, and there’s the TV element
Some of your sessions will be recorded and your updates will air on a local TV station. Don’t worry, we won’t share your confidential information or even make you talk on live TV (unless you really want to). You might be interviewed for brief segments, but you’ll be talking about yourself, which you’re already an expert on, right?

When does all this start?
You will begin your sessions in mid-February and continue through mid-May. The TV campaign will air March through mid-June.

So…are you up for it? Visit your Wichita area credit union for an application form. But hurry, they are due back to the credit union on December 20. Selected participants will be notified in mid-January.

The campaign is a partnership between Wichita area credit unions, the Kansas Credit Union Association and the Consumer Credit Counseling Service.

Follow along on twitter: #moneypossible

For questions, contact Melissa Baptista, (316) 942-7965, ext. 3016.