University of Kentucky Federal Credit Union on LinkedIn: At UKFCU, we're invested in our members' growth. Literally. That's why… (2024)

See how we've performed in 2023 thus far! Q1 results are in!https://lnkd.in/exNqCFZQ #philanthropy #philanthroinvesting #realestate #investing #equityandhelp

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A Midlife MOT has just been launched by The Government via the Money and Pensions Service - based around work, health and money. For women in particular, their mid life is often described as being in the "eye of the storm" - raising kids, caring for parents, trying to rebuild careers and at the peak of the #genderpaygap and #genderpensiongap.Signposting to this help may be useful to include in any #employer #financialwellbeing initiatives or communications. https://lnkd.in/duWkDQkg#hrcommunity #financialwellbeing #diversityequityandinclusion

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Why is now a good time to invest?You’ll find no shortage of people who can offer up plenty of reasons why now is not a good time to invest in real estate.When I started investing in actively-owned multifamily real estate (apartment buildings) in 2020, “everyone” said it was a market high. That turned out to be wrong, and my investments have performed well.“Everyone” also says the market is terrible to buy right now because of interest rates. Well, guess what, I’ve decided I have the confidence and know-how to invest in a short term rental for 2023, to maximize profits and minimize taxes in a new, creative way.The key is knowing how to adjust and tailor your strategy for the environment you’re in. 👉How do you KNOW? You learn how.I learned how inside Accelerating Wealth: Short-Term Rental Blueprint and now you can too.This course teaches:✅ How to analyze deals,✅ The four different stages when you can negotiate the price (three of them come after the seller has already accepted your offer!)✅ Mitigating risk✅ How you might still salvage a deal even after you’ve been outbid by someone else!Click the link to learn more: https://lnkd.in/gwBymzMj...This affiliate link helps support The Expert Resource and my charitable contributions to educational organizations

There comes a point in life when we start to think about what will happen after we’re gone. We all want to do the right thing for our families and loved ones, both now and when we’re no longer around.How can we leave our family, especially our children, better off and more financially secure?Read more: https://lnkd.in/ersuJ9HB

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If you are able to make a small contribution you can help make a real difference.

Last year I set up a project where 12 random people in Liverpool were given a free choice over what should happen to £100k I inherited. I’m pleased to announce that the group decided to support organisations tackling poverty in their local area. The group chose to donate £25k each to The Florrie community centre; The Dingle, Granby and Toxteth Collaborative, a network of schools; the Team Oasis children’s charity; and the Granby and Toxteth Development Trust. The group reached the decision unanimously. The organisations were notified and the money has been transferred.*What was the thinking behind this?*I think there is too much inequality and I wanted to do something about it. I thought it would be a cool exercise to see how a random group of people approach the question of “what to do with a pot of money”, and it might inspire others to think in a similar direction.*How did it all work?*Last summer, letters went out to a random selection of addresses in the L8 postcode. Of the people who responded, 12 participants were chosen, also at random. The group was given the option of using the money for any purpose, in any geographical location. They met for a series of discussion sessions lasting two hours each, with the support of a facilitator.*How did the group arrive at their decision?*They agreed early on that they wanted to focus on addressing the effects of the cost of living crisis and to provide relief to people as quickly as possible. They examined data which showed that their local area sits among the most deprived in the country. Individual participants suggested potential beneficiaries which were put to a series of votes to come up with a shortlist. The group then undertook some research into the organisations under consideration. Ultimately they judged that the chosen organisations would make good use of the funds based on their strong reputation locally.*What did we learn?*This concept essentially seemed to work. The participants had a rich and wide-ranging discussion and reached a decision within the time available.The project took place at a time when local people are facing acute pressure from the cost of living crisis. This loomed large over the deliberation. The participants wanted the money to have an impact as quickly as possible.The feedback from the participants was generally positive. Furthermore, representatives of the recipient organisations have told me they feel proud to be recognised in this way by their peers. *What next?*I’m putting this out there and am doing a bit of publicity around it. I won’t give away any more of my money for the foreseeable future but I’d be happy to support anyone else who wants to do a similar thing.This report contains more detail about how the group reached their decision, some analysis of the design of the project and of its potential significance: https://lnkd.in/e2TryXcw

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Remember the Wealth Shared project last year? You can now read a report on how it worked out and the lessons learned.

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This is really interesting and is worth a read- 12 random people brought together to make a one-off funding decision? Sounds kind of like what a Trustee Board was supposed to be.However, what I like about this story is: 1. The group were supported by strong facilitation that understood the importance of trust-building and enabling, rather than advising and controlling - imagine what the average Trustee Board could do with a paid facilitator helping to navigate the way. 2. It was a random selection of people - while I'd love to know more about just how diverse the group was, it was put together from those who responded to the invitation to participate being sent to more than 600 houses in a specific area. Imagine how we could build better diversity if we could overcome the barriers to Trustee recruitment - and this is one way of doing that. 3. Despite some initial qualms about adding conditions, this group of random people concluded that the grants should be given unconditionally - in one fell swoop doing it better than most grant funders. Have a read!

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There comes a point in life when we start to think about what will happen after we’re gone. We all want to do the right thing for our families and loved ones, both now and when we’re no longer around.How can we leave our family, especially our children, better off and more financially secure?Read more: https://lnkd.in/e_WSKCvz

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In this series of articles on how parents and grandparents can save for their children, we look at Junior ISAshttps://lnkd.in/e6swv2-p #juniorisa #savings #grandparents

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