SPONSORED: A solid financial plan can help make dreams come true | Arkansas Business News

We were unable to send the item.

It often takes financial help to make your financial dreams a reality. However, too often, access to capital has been a barrier to the success of businesses owned by people of color and women. Over the next ten years, things will be different with organizations like Hope Credit Union investing $1 billion in new homeowners, entrepreneurs and families to help close racial and gender opportunity gaps.

These funds will open up more opportunities for more than 150,000 people in the Deep South to advance their life goals and dreams, removing barriers to financial opportunity by putting funds in the hands of those who need them most.

As with any dream, a solid financial plan will help make it a reality. Whether it’s a house, a car, or starting a small business, the following steps will get you closer to your goal:

Step #1 – Do some research. Ask yourself the tough questions. What are you looking to do? What resources do you have? What is your timing for achieving this financial goal?

Step #2 – Create a Plan. Determine the ins and outs of your financial goals and the steps needed to achieve them. This can include tallying your expenses, recruiting your team, and defining milestones.

Step #3 – Find the right partner. As with any big decision, one of the best ways to increase your chances of success is to have the right finance team behind you. A true partner is someone who listens to you to better understand your needs and offer viable solutions. You need a financial partner who wants you to succeed and who has the expertise to support you.

Step 4 – Believe in yourself. You are making an important decision to improve your life. Manifesting it takes time, effort and perseverance. Believe in yourself and know that you have the tools and the perseverance to achieve your financial goals and dreams, even when you encounter obstacles.

Hope Credit Union is the nation’s leading Black and women-owned community development financial institution. Contact HOPE today to find out how we can help turn your vision into reality at www.hopecu.org. With roots in the Delta and located throughout the Deep South, HOPE provides our people and communities with the necessary capital they need to help them reach their full potential and drive economic growth.

Louis R. Hancock