Personal Finance Basics

Mastering money is a process and a journey. Every little bit you learn along the way makes you better prepared for all the financial challenges – large and small – that life throws your way.

The lessons in this educational program are designed to help you make informed choices with your money. There will always be more to learn, but these lessons will help you deal with some of the most important elements of personal finance: spending wisely, saving effectively, managing expenses, avoiding scams, and building the kind of strong credit history you need to meet all your biggest financial goals.

These video lessons are available anytime. Just follow the links below to begin.

Available Lessons

Child Tax Credit 2021

What is a tax credit, and how will the 2021 Advanced Child Tax Credit impact households with children? In this lesson, we'll provide insights and advice for parents who may have questions about this new program.

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Renter Responsibilities

Tenants and landlords both have certain rights and responsibilities when it comes to rented property. If you're a renter, it's important that you understand these responsibilities. In this lesson, we'll break down who's responsible for what, so you can be an informed tenant.

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To Buy or Lease a Car

Should you buy a new car, or sign a lease instead? There are pros and cons to both options, which we'll explore in this short lesson. If you need a new car soon, be sure to review this lesson first.

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Fair Housing and You

Whether you’re looking to rent or buy, there are some important things to know about your housing rights. This video provides an overview of the Fair Housing Act and how it might affect you.

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Credit Overview

This concise video lesson introduces the basics of credit and why it’s important to your overall financial picture.

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Eviction Options

If you’re at risk of eviction, or struggling to make payments, there are resources that may be available to help. In this short video, we’ll explore what you should know about eviction options, resources, and moratoriums during the COVID-19 pandemic.

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Managing Income & Expenses

Financial prosperity all begins with balance. When your income and your expenses are properly aligned, you're able to buy what you need and what you want, while still saving for the future.

If budgeting sounds like a chore, it really isn't! In this lesson, we'll walk you through what it takes to create a thoughtful budget and how to stick to your new spending plan.

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Becoming a Credit Report Ninja

The information contained in your credit report can be the difference between achieving your biggest goals, like buying a house or starting a business, and falling short. Your credit report is a history of your relationship with credit – how you use it and how you abuse it – and it's a major factor in things like loan applications, rental applications, insurance rates, and more.

Don't stay in the dark about your credit! In this lesson, we'll shed light on the most important details of your credit report, including how to read your report and how to build a positive credit history.

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Avoiding ID Theft & Scams

All your hard work building strong credit and a healthy savings base can be undone in an instant should a thief get a hold of your sensitive information. Financial scams and identity theft are shockingly common and dangerously destructive to the lives of the victims.

Avoiding these kinds of scams requires that you know what to look for. In this lesson, we'll break down the most common kinds of scams and all the steps you can take to protect yourself and your family.

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Managing your Economic Impact Payment

In times of hardship, there may only be limited funds to stretch across a wide variety of financial responsibilities. In response to the ongoing coronavirus pandemic, stimulus funds were mailed out to eligible individuals across the country. This lesson breaks down the best way to use those funds, how to prioritize spending in an emergency, and how to watch out for scammers trying to take advantage of your hardship.

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    MMI is proud to have achieved an A+ rating from the Better Business Bureau (BBB), a nonprofit organization focused on promoting and improving marketplace trust. The BBB investigates charges of fraud against both consumers and businesses, sets standards for truthfulness in advertising, and evaluates the trustworthiness of businesses and charities, providing a score from A+ (highest) to F (lowest).
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  • Consumer Federation of America Consumer Federation of America
    MMI is a member of the Consumer Federation of America (CFA), an association of nonprofit consumer organizations that was established in 1968 to advance the consumer interest through research, advocacy, and education. Today, nearly 300 of these groups participate in the federation and govern it through their representatives on the organization's Board of Directors.
  • Department of Housing and Urban Development Department of Housing and Urban Development
    MMI is certified by the U.S. Department of Housing and Urban Development (HUD) to provide consumer housing counseling. The mission of HUD is to create strong, sustainable, inclusive communities and quality affordable homes for all. HUD provides support services directly and through approved, local agencies like MMI.
  • Council on Accreditation Council On Accreditation
    MMI is proudly accredited by the Council on Accreditation (COA), an international, independent, nonprofit, human service accrediting organization. COA’s thorough, peer-reviewed accreditation process is designed to ensure that organizations like MMI are providing the highest standard of service and support for clients and employees alike.
  • National Foundation for Credit Counseling National Foundation for Credit Counseling
    MMI is a longstanding member of the National Foundation for Credit Counseling® (NFCC®), the nation’s largest nonprofit financial counseling organization. Founded in 1951, the NFCC’s mission is to promote financially responsible behavior and help member organizations like MMI deliver the highest-quality financial education and counseling services.