Self-Help Shares


Honoring Traditional Native American Values Through Modern Money Management

By Staff
  | Nov 27, 2024

American Great Plains Prairie at Sunrise stock photo

This Native American Heritage Month (Nov.) and Native American Heritage Day (Nov. 29th), we are honoring the diverse languages, traditions, and stories of Native American and Alaska Native communities and taking time to ensure we are respectful of their histories and contributions. 

Native American communities often have a strong sense of values and spirituality. According to Native Hope, “The life and oral traditions of Native cultures in North America offer rich and ancient spiritual insight.... They thought of all of life—every task, every ceremony, every community gathering, every relationship with humans and non-human things—as part of a larger sacred story. The spiritual and the physical are not separate, but interwoven and constantly interacting with each other.... This has enormous significance for the way that Native Americans live in modern society, and it helps explain the tension many Natives experience as they try to live in the ancient beliefs of their peoples while also living in today’s Western-dominated culture.” 

Modern-day financial support and advice can sometimes be antithetical to Native values with some banks and institutions focused more on results than overall wellbeing. However, that doesn’t have to be the case. In this blog post, we will acknowledge existing financial barriers for Native Americans, discuss how Native Americans might be able to honor their traditional values when considering modern money management options, and provide resources for support. 

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Naming & ID Support for Transgender People

By Staff
  | Nov 18, 2024

filling in the name section of a form with a pencil

November is Transgender Awareness Month, and the 20th is Transgender Remembrance Day, which honors the memory of transgender people whose lives have been lost to anti-transgender violence. As a Community Development Financial Institution, Self-Help is in a unique position to support and empower underrepresented communities, particularly those who have had to overcome significant financial barriers. 

As we reflect on this solemn holiday, it’s important to address challenges faced by transgender people, including the complex decision and process of changing legal names and updating identification documents.  

In this blog post, we will be exploring the current landscape and process of ID and naming protocols and alternatives if you don’t want to go through a legal change. 

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How to Get the Most out of Veterans Benefits

By Staff
  | Nov 08, 2024

Military ID tags and US army patches on camouflage background stock photo

Veterans Day is coming up on Monday, November 11, which is dedicated to honoring military veterans. There are a wide range of benefits that are available to support Veterans upon their return to civilian life, but it can be challenging to figure out what is available and navigate the systems that provide access to these benefits.  

At Self-Help, we believe in economic opportunity for all, which means supporting Veterans in getting access to and maximizing the benefits that can give you a greater opportunity to achieve your financial goals. 

In this blog post, we will be discussing the financial challenges Veterans face, benefits that are available to Veterans, and some tips for maximizing benefits. 

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How to Create a Holiday Budget (and Stick to It)

By Staff
  | Nov 04, 2024

various sizes of gifts on a green background

The holiday season is upon us, which means we are preparing for the joyous food, festivities, and gifts that we love to share with loved ones... but unfortunately, that comes with extra expenses, too. 

Avoid the extra financial stress by creating and sticking to a holiday budget, so you can enjoy this time of year without breaking the bank. In this blog post, we will be going through the steps for creating a holiday budget, tips for how to stick with it, and ways you can get extra support. 

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Your Step-by-Step Guide to Saving for Retirement

By Staff
  | Oct 23, 2024

image of a young person putting coins into a piggybank at home with several stacks of coins next to the piggybank

This week is National Retirement Security Week, which encourages a focus on increasing retirement savings, expanding financial literacy, and improving the retirement security of all people in the United States. Saving to reach your financial goals is important, and saving adequately for a happy, safe, and healthy retirement should be one of those goals regardless of whether you’re new to the job market or have built a successful career.  

However, understanding how to save for retirement can be intimidating – many people put it off because they don’t know where to start.  

In this post, we’ll discuss the importance of saving for retirement and some tips on how to get started. 

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The Role of Remittances in Latino & Hispanic Finances

By Staff
  | Oct 15, 2024

3D globe of the Americas with flight routes

As Latino and Hispanic Heritage Month comes to an end, we are continuing our recognition of these important cultures in our communities by discussing the essential role of remittances in Latino and Hispanic American finances. According to a brief from World Bank Group, in 2023, remittances to Latin America and the Caribbean saw the highest increase of any region at 7.7%, reaching a record $155 billion, primarily from the U.S.  

In this post, we will be discussing the significance and benefits of remittances, challenges, and tips for people who send remittances.  

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Hurricane Resources

By Staff
  | Oct 03, 2024

3D Render of a Topographic Map of the Caribbean Sea with the clouds from September 25, 2024. Category 4 Major Hurricane Helene northeast of the Yucatán peninsula heading to the north.

As we continue to witness the destruction from Hurricane Helene and prepare for Hurricane Milton, Self-Help is committed to supporting our members through this challenging time. We've compiled a list of resources and services to help you recover from the storm and prepare for any additional storms for the remainder of hurricane season.

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Learning from the Experts: Financial Tips for Latino & Hispanic Communities

By Staff
  | Sep 16, 2024

national hispanic heritage month on a purple background with hispanic imagery on the top and bottom margins of the image

September 15-October 15 is Latino/Hispanic Heritage Month, which is a time to honor the history, culture, and contributions of Latino/Hispanic American communities. September 15 was chosen as the start of this month-long celebration because it coincides with the Independence Day celebrations of five Latin American countries (Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua).

In honor of this month, Self-Help is focusing on how we can support economic opportunity for our Latino/Hispanic communities. For this blog post, we asked a handful of the incredible Latino/Hispanic experts at Self-Help: What is one unique financial challenge and/or opportunity that you have observed within the Latino/Hispanic community, and what advice would you offer to help navigate this?

We are excited to share their responses with you!

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Driving Down Costs: The Financial Benefits of Going Electric

By Staff
  | Sep 12, 2024

plug-in port of an electric vehicle that has a charger plugged in

Electric vehicles (EVs) are becoming increasingly popular, and we can understand why. They’re better for the environment and – we're told – better for our wallets. But with the higher starting purchase prices of many EVs, do they really end up saving you money?

In this blog post, we will discuss the current market of EVs, the pros and cons of choosing an electric vehicle for your next car, and how much you might be able to save.

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Gluten-free Dreams: CheSa's Journey from Celiac Diagnosis to Restaurant Owner

By Staff
  | Aug 28, 2024

CheSa standing behind the bar at her business: CheSa’s Bistro and Bar in Chicago, Illinois

CheSa is the owner of CheSa's Bistro and Bar in Chicago, IL. 

August is Black Business Month, and we are honored to be celebrating the accomplishments of all the incredible Black-owned businesses that have enriched our communities.

CheSa is one such business owner in Chicago, and her story of determination, creativity, and resilience is an incredible reminder of what it means to adapt in pursuit of a dream.

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