First Financial Foundation Awards Classroom Grant to Mary Pat Kochenash of Upper Freehold Regional School District

Press Release

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Pictured Above: Mary Pat Kochenash of Upper Freehold Regional School District

WALL, N.J. – Upper Freehold Regional School District occupational therapist, Mary Pat Kochenash, was surprised by members of the First Financial Foundation with a $500 classroom grant for the 2015-2016 school year.

Ms. Kochenash submitted a grant application to purchase pencil grips for each student in pre-K through second grades, in her school. Pencil grips run about $10 for 6 grips and help students hold a pencil in the dynamic tripod grasp writing method, taught within the school. The classroom academic climate has accelerated and children are now asked to write at the age of three, when they are not typically developmentally ready until the age of six. As a result, children are coming into school significantly weaker in postural, upper body, and grasp strength – and because of this modern educational paradox, children have lost the traditional tripod grasp to hold a pencil or pen.

“This grasp is used to maneuver a writing instrument efficiently and smoothly across the paper.  It saves time and energy while writing and is a highly developed hand skill,” said Kochenash. “Children today use a much weaker, far less mobile grasp with a hyperextended thumb to compensate for hand weakness.” She noted that a classroom grant from the First Financial Foundation would help her students immensely.

Since First Financial began with a group of Asbury Park schoolteachers back in 1936, the credit union has not forgotten its educational roots. That is why its Foundation offered current Monmouth and Ocean County educators six (6) classroom grants to use at their schools for the 2015-2016 school year.

“Education has and always will be a pivotal piece of our organization, and we’re delighted to be able to help our local educators enhance their classroom experience,” noted First Financial President & CEO, Issa Stephan.

Stephan also noted that the Foundation committee had a tough job of choosing just six winning teachers out of the numerous applications received this year. “We received dozens of heartening essays from educators hoping to use the grant money to implement or maintain a variety of creative programs in their schools such as purchasing basic skills materials for struggling students, funding a thanksgiving feast for the less fortunate, integrating digital voice recorders for students to practice second languages, new tables for a classroom, iPads, updated software, and pencil grips for students in pre-K through 2nd grade – to name a few,” said Stephan. “We wish we were able to reward each and every one of our participants, and after extremely careful consideration we selected the six classrooms in which we felt the grant money would have the largest impact.”

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About the First Financial Foundation: Since 1994, First Financial has supported the Monmouth & Ocean communities with the Erma Dorrer Scholarship Program. Today, that program has been extended into the First Financial Foundation to assist charitable organizations of the Monmouth & Ocean County Communities.  The First Financial Federal Credit Union Foundation is a non-profit working to support a variety of community programs and organizations throughout Monmouth and Ocean Counties.  We direct 100% of your contributions to programs because all administrative expenses are paid for by First Financial Federal Credit Union.  To learn more, visit www.firstffcu.com.

First Financial Foundation Awards Classroom Grant to Laurie Peters of Bayville Elementary School

Press Release

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(L to R): Michael Conforti, Assistant Principal of Bayville Elementary School, Grant recipient and teacher, Laurie Peters and Steven Rieder, Principal of Bayville Elementary School

WALL, N.J. – Bayville Elementary School Basic Skills Teacher, Laurie Peters, was surprised by members of the First Financial Foundation with a $500 classroom grant for the 2015-2016 school year.

Mrs. Peters submitted a grant application to purchase additional resources to be used in the classroom and at home to support struggling students in the areas of reading, phonics, writing, and math.  Specifically, she wished to purchase leveled readers for students to borrow in order to read on their level at home, as well as alphabet and number strips to practice letter and number recognition. She also hoped to be able to buy basic supplies such as cardstock and glue, to create multi-sensory materials that the district cannot fund.

“I would use the grant money to create hands-on learning experiences for the students of Bayville Elementary School,” said Peters. “This approach will successfully incorporate students in the learning process as well as make it an enjoyable and beneficial time for both the students and myself.”

Since First Financial began with a group of Asbury Park schoolteachers back in 1936, the credit union has not forgotten its educational roots. That is why its Foundation offered current Monmouth and Ocean County educators six (6) classroom grants to use at their schools for the 2015-2016 school year.

“Education has and always will be a pivotal piece of our organization, and we’re delighted to be able to help our local educators enhance their classroom experience,” noted First Financial President & CEO, Issa Stephan.

Stephan also noted that the Foundation committee had a tough job of choosing just six winning teachers out of the numerous applications received this year. “We received dozens of heartening essays from educators hoping to use the grant money to implement or maintain a variety of creative programs in their schools such as purchasing basic skills materials for struggling students, funding a thanksgiving feast for the less fortunate, integrating digital voice recorders for students to practice second languages, new tables for a classroom, iPads, updated software, and pencil grips for students in pre-K through 2nd grade – to name a few,” said Stephan. “We wish we were able to reward each and every one of our participants, and after extremely careful consideration we selected the six classrooms in which we felt the grant money would have the largest impact.”

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About the First Financial Foundation:

Since 1994, First Financial has supported the Monmouth & Ocean communities with the Erma Dorrer Scholarship Program. Today, that program has been extended into the First Financial Foundation to assist charitable organizations of the Monmouth & Ocean County Communities.  The First Financial Federal Credit Union Foundation is a non-profit working to support a variety of community programs and organizations throughout Monmouth and Ocean Counties.  We direct 100% of your contributions to programs because all administrative expenses are paid for by First Financial Federal Credit Union.  To learn more, visit www.firstffcu.com.

First Financial Foundation Awards Classroom Grant to Jennifer Suralik Quintenz of Pinelands Regional Junior High School

Press Release

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Pictured Above: Jennifer Suralik Quintenz, Basic Skills/Intervention Specialist of Pinelands Regional Junior High School

WALL, N.J. – Pinelands Regional Junior High School Basic Skills/Intervention Specialist, Jennifer Suralik Quintenz, was surprised by members of the First Financial Foundation with a $500 classroom grant for the 2015-2016 school year.

Ms. Quintenz submitted a YouTube video grant submission to continue the Thanksgiving celebration she’s coordinated in her school for the last 10 years. This holiday tradition was originally a student-only Thanksgiving breakfast, but immediately following Hurricane Sandy it was modified into a feast extended to the families of the students who may have lost their homes or were misplaced due to the storm, and were unable to otherwise celebrate the holiday. With the increase of family members and tripling costs, it is difficult for the school to sustain three years later – the grant money would be used to subside the monetary gap.

“After growing up in Tuckerton for 38 years and now teaching in the same community, I can only hope to help the less fortunate and bring parents and students together for a thankful feast each year, despite any circumstances,” said Quintenz.

Since First Financial began with a group of Asbury Park schoolteachers back in 1936, the credit union has not forgotten its educational roots. That is why its Foundation offered current Monmouth and Ocean County educators six (6) classroom grants to use at their schools for the 2015-2016 school year.

“Education has and always will be a pivotal piece of our organization, and we’re delighted to be able to help our local educators enhance their classroom experience,” noted First Financial President & CEO, Issa Stephan.

Stephan also noted that the Foundation committee had a tough job of choosing just six winning teachers out of the numerous applications received this year. “We received dozens of heartening essays from educators hoping to use the grant money to implement or maintain a variety of creative programs in their schools such as purchasing basic skills materials for struggling students, funding a thanksgiving feast for the less fortunate, integrating digital voice recorders for students to practice second languages, new tables for a classroom, iPads, updated software, and pencil grips for students in pre-K through 2nd grade – to name a few,” said Stephan. “We wish we were able to reward each and every one of our participants, and after extremely careful consideration we selected the six classrooms in which we felt the grant money would have the largest impact.”

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About the First Financial Foundation:

Since 1994, First Financial has supported the Monmouth & Ocean communities with the Erma Dorrer Scholarship Program. Today, that program has been extended into the First Financial Foundation to assist charitable organizations of the Monmouth & Ocean County Communities.  The First Financial Federal Credit Union Foundation is a non-profit working to support a variety of community programs and organizations throughout Monmouth and Ocean Counties.  We direct 100% of your contributions to programs because all administrative expenses are paid for by First Financial Federal Credit Union.  To learn more, visit www.firstffcu.com.

8 Ways To Cut Costs For A Week & Maintain A Budget

bigstock-Time-To-Communicate-75279877-e1446813441441Saving money can be really challenging — sometimes after basic necessities like food, phone, and rent, it can seem like we already don’t really have anything left to put away. However, there are actually plenty of ways to cut your spending this week alone, and they’re usually in places that we don’t even think about.

In an article on cutting your spending in U.S. News and World Report, CPA and bestselling author of “Save Wisely, Spend Happily,” Sharon Lechter said, “Either you are a master of your money, or a slave to it. Use your mind and have fun.” On her personal website, Lechter suggested many tips for saving more, and the bulk of them come down to small, everyday tips as opposed to huge, life-altering changes. It usually just comes down to becoming aware of the places we spend money without even really thinking about it — like going to an evening movie instead of a cheaper matinee, or buying books when we have a library right down the street.

If you’ve recently taken stock of your finances and decided that you want to spend less and save more but don’t know where to begin, don’t fret. Here are eight extremely simple tips that you can try for a week or two to cut your daily expenses — and they almost all entail minimal self-sacrifice.

1. Figure Out Where You Spend.

OK, this one isn’t really a tip as opposed to a necessary first step to tracking your savings. In an article for U.S News and World Report, Senior Editor of the financial advice site Wisebread.com Meg Favreau said, “Making a budget is the most important thing you can do because then you will be able to understand where your money is going and where you can afford to make cuts.” After the big things, like rent and loan payments, write down everything you spend money on each week — from a morning cup of coffee to dinner out with friends, and tally how much you’re spending “extra.” This will enable to you to know how much you’ll be saving once you begin making adjustments (and for real motivation, multiply how much you spend each month by four and then by 52 to see how much you’re spending in an average month and year).

2. Pack Your Lunch.

Packing a lunch may seem incredibly simple, but I know from personal experience that this can be one of the hardest habits to break (anyone else ever realized they spent $15 on lunch every single day for the last 14 days, and then sometimes also eaten out for dinner too?). In an interview for a Bustle article about meal prep, registered dietician Sumi Tohan said it’s important to be real with yourself about what you’ll realistically eat for lunch each day. “If you plan meals that are too restrictive, full of supposedly good-for-you foods that you hate, it’s more likely that you won’t eat these meals,” Tohan says.

Instead, she recommends including at least one of your favorite foods with each meal and says to “avoid cutting out major food groups, such as carbohydrates, as doing so can leave you feeling hungry, unsatisfied, and with unbalanced nutrition.” So pack things you’re actually looking forward to eating each day, and not running around the corner to grab that $14 salad won’t seem like such a big deal.

3. Cancel Your Cable.

In that same U.S. News and World Report piece, Cameron Huddleston, contributing editor of the personal finance news site Kiplinger.com, recommended canceling your cable altogether. “There are so many other options out there for less, like Netflix and Hulu,” Huddleston said. If you live with roommates, talk about cancelling cable and setup an antennae for basic channels and Hulu and Netflix for everything else – this will add up to a personal monthly cost of about $7 a piece. As much as you may love channel surfing, paying a ton for cable just feels obsolete now.

4. Energy-Efficient Lightbulbs.

Trent Hamm, founder of the financial advice site The Simple Dollar, recommended switching out your regular light bulbs for the energy-saving kind (and also recommended to always be conscious of your thermostat use). It’s super simple and easy, and is a money-saving tip you literally never have to think about once it’s done.

5. Buy Staples In Bulk.

It’s always a good idea to buy things you use every day in bulk. It can feel really hard to put down $25 for something like toilet paper at one time, especially when there are smaller options for $5 nearby. However, buying in bulk can hugely reduce costs in the long-term. Plus, who likes running out of toilet paper?

6. Make Coffee At Home.

This is another one can be a challenge — everyone loves their morning, store-bought coffee. In another U.S. News and World Report piece on ways to cut costs today, retail expert Hitha Prabhakar said, “While a $4 morning coffee can satisfy the soul, it can also hurt the budget.” She recommended investing in a home coffee-maker, saying, “It’s a larger out-of-pocket expense, but it will easily pay for itself over time.” It’s also recommended to invest in some handy coffee-to-go cups so you can have something to carry and drink on your morning commute as well as when you get into the office — this definitely helped curb my desire to buy a cup on my morning commute.

7. Invite Friends Over Instead Of Going Out.

Hamm also recommended inviting friends in for dinner and drinks instead of going out. He noted that while this might seem like legwork, make it a team effort. Everyone can bring one thing and a drink of their choice, and you can make something large and cheap — like a big pasta dish. You’ll almost definitely end up spending significantly less than doing dinner and drinks out.

8. Remember: Exercise Is Free.

In the same U.S. News and World Report piece about cutting costs today, Wisebread blogger Sabah Karimi reminded readers that exercise doesn’t have to equal a costly gym membership. “You could sign up for fitness classes at a neighborhood recreational center, join the YMCA, take advantage of a corporate wellness program or commit to following DVD fitness programs at home,” Karimi said. There are also a ton of 100 percent free workout videos to be found from fitness experts all over YouTube for a super simple, cost-free way to exercise.

Spending less doesn’t mean a life of rice and beans or saying no to every social engagement that comes your way. It’s often just about greater awareness of some of the hidden places we spend money and working towards changing simple behaviors. Try some of the above tips and see how much you save.

*Article source courtesy of Toria Sheffield of Bustle.com.

First Financial Foundation Awards Classroom Grant to Elizabeth Oliva of Monmouth Regional High School

Press Release

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Pictured Above: Elizabeth Oliva, French Teacher at Monmouth Regional High School

Wall, N.J. – Monmouth Regional High School French teacher, Elizabeth Oliva, was surprised by members of the First Financial Foundation with a $500 classroom grant for the 2015-2016 school year.

Ms. Oliva submitted a grant application to purchase digital voice recorders for the Spanish, French, Latin, and English classes in her school. The voice recorders will be used as a tool to provide feedback and constructive criticism to the students’ speaking abilities, as well as assess them for a grade based on their ability to discuss a particular topic. Both students and teachers will benefit from the recorders in order to utilize them in the classroom and also at home.

“These voice recorders would allow students to have more opportunities speaking the language, as well as the ability to hear their pronunciation and annunciation,” said Oliva. “Our goal is to enable our students to communicate in the global world in which we live, to be excited by the differences around the world, and to experience these cultures.”

Since First Financial began with a group of Asbury Park schoolteachers back in 1936, the credit union has not forgotten its educational roots. That is why its Foundation offered current Monmouth and Ocean County educators six (6) classroom grants to use at their schools for the 2015-2016 school year.

“Education has and always will be a pivotal piece of our organization, and we’re delighted to be able to help our local educators enhance their classroom experience,” noted First Financial President & CEO, Issa Stephan.

Stephan also noted that the Foundation committee had a tough job of choosing just six winning teachers out of the numerous applications received this year. “We received dozens of heartening essays from educators hoping to use the grant money to implement or maintain a variety of creative programs in their schools such as purchasing basic skills materials for struggling students, funding a thanksgiving feast for the less fortunate, integrating digital voice recorders for students to practice second languages, new tables for a classroom, iPads, updated software, and pencil grips for students in pre-K through 2nd grade – to name a few,” said Stephan. “We wish we were able to reward each and every one of our participants, and after extremely careful consideration we selected the six classrooms in which we felt the grant money would have the largest impact.”

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About the First Financial Foundation: Since 1994, First Financial has supported the Monmouth & Ocean communities with the Erma Dorrer Scholarship Program. Today, that program has been extended into the First Financial Foundation to assist charitable organizations of the Monmouth & Ocean County Communities.  The First Financial Federal Credit Union Foundation is a non-profit working to support a variety of community programs and organizations throughout Monmouth and Ocean Counties.  We direct 100% of your contributions to programs because all administrative expenses are paid for by First Financial Federal Credit Union.  To learn more, visit www.firstffcu.com.

Frequently In Debt? Discover Your Personal Pitfalls

DebtManagement1.jpgYou don’t have to be a reckless spender to find yourself in debt. CNN touts that “one in three American adults have debt in collections.”

An Urban Institute study reported that 77 million people are so severely in debt that their account has gone to collections, while a Detroit Free Press article warns, “Young adults have more credit card debt than savings.”

Regardless of the angle, debt, severe debt – it’s an American epidemic.

So, how do you climb out of debt once and for all? Especially if you notice a recurring theme of continual debt-to-safety-to-debt wheel of fate, it is important to stop and analyze the causes for initial debt and the reasons for apparent insurmountable financial disease.

As with your medical health, financial heath is propelled by lots of hard work, dedication and realistic awareness. Denial will only perpetuate decaying health, physically or financially.

Step One: Take an honest assessment of your financial situation.

Before you can make a plan for diminishing debt once and for all, you have to understand the severity and expanse of the situation. Take into account all loans: student debt, mortgages and car payments. Know exactly how many credit cards you and your family have – make sure to count retail cards and reward cards in addition to traditional credit cards. Any plastic that can hold a debt/requires payment needs to be acknowledged forthright. Finally, collect all bills: anything that requires a payment plan or regular payment must be added into the mix. When you’re in debt, every $100 medical bill, $25 late fee for utilities or billed car repair must be accounted for.

Step Two: Take responsibility.

Playing the blame game or lying to yourself will not change the circumstances. Nobody cares if you don’t think it’s your fault. You owe the money. You have to pay the money. You can’t talk your way out of substantial debt. Take credit for your own shortcomings and accept the situation.

Step Three: Educate yourself and your family.

Money management is not an innate human skill. We are not born knowing how to allot, predict, and plan with 100 percent accuracy. And, sometimes, it is due to sheer ignorance that adults find themselves in debt. Whether or not a lack of financial education or money illiteracy is the root cause, understanding how credit works and how to budget are both beneficial life skills.

Step Four: Set realistic goals, with the end result being permanently digging yourself out of debt.

Each step should be attainable and based on practicality. However, do not fall into the mindset that “it’s going to take too long, so it’s not worth it.” Keep your eyes on the goal, but use baby steps to get there if necessary.

A good thing to do is to create a visual aid for you to help you along, like a financial plan. The important thing to remember is that your plan is a guide, not a crutch. It is a tool to keep you on track. Like any good guide, though, it can be tweaked to meet your needs and adjusted based on what obstacles you encounter on your journey to financial security.

Step Five: Perseverance.

It’s not an easy path. It’s not fun. The journey is oftentimes downright painful. But, avoidance and half-hearted efforts will not grant you the ability to squeak by. Debt can affect marriage, stress levels, relationships, and your future, but people often aren’t motivated enough to make a change. Many times, just climbing out of debt is not the largest challenge, it’s maintaining the healthy financial security that is attained through a debt-free life.

*Original article source written by Joe Young of Nasdaq.