Financial Solutions DMP Newsletter Fall 2021

Financial Solutions DMP Newsletter Fall 2021

Sep 08, 2021

Financial Solutions, Debt Management Program, Newsletter


FS Header

Fall 2021  

Hello from the Financial Solutions Team!

FS Staff 2021

After over one year of virtual meetings and social distancing,
our team was excited to join together in-person this summer.
We continue to be energized to support you in
your journey towards debt freedom. Better is Possible!


Exciting Staff Changes

Retirement Announcement!
After 28 years of working with Financial Solutions, Linda Humburg, Counselor Manager, announced her planned retirement early this summer. Over nearly three decades, Linda helped to shape the Financial Solutions program in countless ways; including the development of bankruptcy, student loan, and reverse mortgage counseling, financial coaching, and more. Linda’s last day with FamilyMeans was on June 1. We sent her off with a fun party that included some great throwback photos of her time with agency. Congratulations Linda!

Linda H FS Retirement
Linda H FS Retirement
Eli Snyder 2021

Eli Snyder Accepts Counselor Manager Position 

We are excited to share that Eli Snyder has accepted the position as Counselor Manager. With over 11 years of experience working in the Financial Solutions program, and training closely with Linda, this new role is a perfect fit. Eli’s enthusiasm is contagious, and his passion for helping clients find debt freedom is unmatched. As Counselor Manager, Eli will support our counselors using his expertise and determination.  Fun fact: In 2019, Eli was named Counselor of the Year by the National Foundation for Credit Counseling (NFCC)!

Kun Liu 2021

Welcome Kun Liu! 

Our Rochester location has a new credit counselor, Kun Liu. With over a decade of business and financial service expertise, a degree from the University of Minnesota, and passion for helping people get to a place of financial security and stability, Kun is an excellent addition to the Financial Solutions team! She is excited to begin working with you to complete your Debt Management Program.


Following a Budget Makes for Happier Holidays

Although students have only recently headed back to school, store displays are already revealing Halloween, Thanksgiving, and even Christmas items. With the reality that the holidays are just around the corner, it is a good time to start budget planning if you have not done so already.

“Set money aside each month designated solely for holiday shopping,” said Eli Snyder, FamilyMeans Financial Solutions Counselor Manager. “Often the overspending starts out with being just a little overextended, but it can become unmanageable in a short time.”

The National Foundation for Credit Counseling (NFCC) offers the following helpful holiday tips that can be applied for smart shopping throughout the year.

Develop a spending budget. Determine household and personal expenses for November and December. Subtract the total amount of expenses for each month from your take-home pay. The amount left over becomes your starting point to gauge how much you can afford to spend.

Write lists. Create a list of purchases you plan to make and write a list of all the gift recipients. Note other items you may purchase such as postage, cards, gift wrap, decorations and entertainment.

Consider creative gift-giving. Gifts do not always have to cost money. Consider heartfelt gifts such as a handmade quilt, a homemade plate of favorite desserts or a day of housecleaning.

Look for deals. Watch for special discounts in stores and look for coupons or online deals at your favorite places to shop. Purchasing items in bulk and sharing the costs with friends or family can result in a substantial cost savings.

Avoid last-minute shopping. Plan your shopping trips in advance. Last-minute shopping can lead to impulse purchases.

Pay with cash. Paying with cash helps avoid unplanned purchases. Leave your debit card and checkbook at home. This will help to avoid spending temptations.

When you have completed your list, stop shopping. Tally your receipts. This will give you a good idea as to how much cash to save over the course of the next year. When your shopping is complete, be done!

With a well thought-out plan set within your budget parameters, you can enjoy all facets of the upcoming holidays with the knowledge that you will start the year ahead financially healthy. If you need help to create a budget for the holidays, contact our team or your counselor to review your budget.


How to Stay on Track for a Successful End to Your DMP

1. Make your monthly payment consistently.
Sign up for automatic payments (ACH) or use SmartPay. 

2. Watch your creditor billing statements to see that
your payments are posting and the Annual Percentage Rate (APR) is correct.

3.If it has been more than 6 months since we have seen your creditor statements, please mail, scan, or fax them to us. Just one complete recent statement per account.  

4. If you see something questionable, report this to us.

Communicate your questions or concerns.

5. Follow your savings and spending plans.

Contact us at 651-789-4006 or 1-800-780-2890 if you need help.


Financial Freedom for All

in debt for
DMP Clients

in their journey
towards debt freedom

paid on debt balances
so far this year

“I can't thank you and your organization enough for this service. 
You have helped me regain my self-respect. 
I feel better about life and I think I can make it now! 
Thank you from the bottom of my heart!” – DMP Client

Help us to Spread the Word

Share the resources below with family and friends to encourage they take steps towards regaining their financial freedom!

A short animated video that explains “What is the DMP?”
In just two minutes understand how the program works and what to expect.

Our free, easy to use debt payoff calculator. By simply entering the amount of unsecured debt owed, the calculator computes the amount of time and money saved by joining the program.




COVID-19 Update 

For FamilyMeans, the health and safety of our clients, staff, and the greater community is a top priority. Since the beginning of the COVID-19 pandemic, our staff have diligently monitored the rapidly changing circumstances, and followed the guidance of public health officials in implementing the best policies to slow down the virus transmission and do our part to keep the community safe. 

We are now available for in-person appointments, as well as phone or email. If you are struggling due to the effects of the pandemic, or other financial challenges, and need to review your account, do not hesitate to contact us. 

Follow FamilyMeans on Facebook or visit our website regularly for updates to information regarding COVID response and support.  

FamilyMeans Financial Solutions, DMP 
1875 Northwestern Ave. S. | Stillwater, MN 55082
(651)-789-4006 | (800) 780-2890 |

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