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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! Donít 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 oneís present and future, they, like children playing musical chairs, go round and round ó dealing with the present ó never realizing the music will eventually cease ... kidís 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...
November 6, 2015   |   Category: College Planning / Loans   |   Author: Michael Schramm
Midterms might be over, but the thought of final exams has many students are stressing already. But some students ó to the dismay of many ó arenít sweating their knowledge on financial literacy. The reality is that most students arenít making the grade when it comes to learning about personal finance. According to U.S. Bankís recent survey, 65% of...
September 7, 2015   |   Category: College Planning / Loans   |   Author: Michael Schramm
The need for college students to be financially literate is an often-overlooked but increasingly important task for parents. Many students are misinformed about essential financial facts. For instance, 61% believed paying late credit card balances removed notices about them from a credit report, while 60% believed checks or debit card usage builds credit, according to a 2015 U.S. Bank survey...
July 31, 2015   |   Category: College Planning / Loans   |   Author: Jim Chilton
At my fifth and last childís high school graduation, I settled into a seat next to a gentleman who was the father of another graduate. When the ceremony ended, most of the parents excitedly rushed forward to take photos of their sons and daughters. But this fellow just sat there in a classic dejected pose, his hands on his...