SDCCU offers free financial wellness classes during pandemic

Courses help people regain control of finances
SDCCU Financial Wellness.png
Posted at 7:56 AM, May 13, 2020
and last updated 2020-05-13 15:57:15-04

SAN DIEGO (KGTV) - San Diego's largest credit union is trying to help everyone financially recover from the Coronavirus Pandemic.

Since March, SDCCU has tripled the number of classes it offers as part of its "Financial Wellness Wednesday" series. They've also moved them online and made the courses available to anyone who wants to join, not just SDCCU account holders.

"Helping people improve their financial future is a big part of who we are," says Sarah Bilyeu, SDCCU's VP of Community Relations. "This helps to provide a roadmap to get on the path to success."

The classes cover a range of topics, including budget basics, retirement planning, saving for emergencies, and rebuilding after a financial crisis. They also offer classes for kids to teach them about managing money.

"It's a great program," says Bilyeu. "Especially now that everyone's comfortable in the distance learning and home environment."

Bilyeu says interest has skyrocketed since the pandemic began, and people started to lose income and jobs. SDCCU offered loan holders a chance to defer or lower payments if they were struggling, but saw that people needed more help.

"This situation is unprecedented," she says. "It's nothing that anybody else has ever experienced before."

Classes begin at 9 AM, noon, and 6 pm on Wednesdays. You can sign up through the SDCCU website.

"You're not alone," says Bilyeu. "This is a temporary situation, and we'll get through this."