Home Ownership is Critical to Retention

    The Rocky Mountain Future Leaders Conference is an annual event hosted by the Greater Cheyenne Chamber of Commerce to enrich and retain our community’s young professionals.

    I am excited to be able to teach during the breakout sessions this year a financial literacy workshop. There isn’t a pot of gold at the end of the rainbow. Nope, it takes hard work, dedication, focus, and commitment to get and keep your finances in order. We need our young people here in Wyoming to understand the consequences of debt. This is so critical to the retention of our young professionals because once they make a commitment to stay in Wyoming, then purchasing a home should follow. Once they make those decisions they will work hard to maintain their home-base, meaning a better Cheyenne and Wyoming for all of us.

    Recently, most young professionals are entering into the workforce with extensive amounts of debt. That is where I come in. It is important to be proactive and take steps towards credit maintenance or recovery. The stress on young people trying to meet debt service, career and family demands can be overwhelming. I’m looking forward to talking about the basics. Once their personal finances and credit are in a good place, then they can determine what price range they can afford for a home and the overall process of purchasing a home is less daunting.

    The conference starts this Thursday, September 6th.

    Learn more about the conference or register HERE.

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