July 2014


Those 65 and older face unique challenges in managing their finances, insurance, and lives. Whether you're already there or still years away, it's not too early to think about issues like retirement and Medicare. In this issue of Innovative Connections, we've pulled together some key resources for you to consider.

  • Programs to help with challenges unique to seniors' lives
  • Senior centers to help you stay engaged with your community
  • An introduction to Social Security
  • An easy-to-understand overview of retirement saving options
  • Don't forget to come to our Financial Fair on August 23rd to meet with a financial planner and attend free financial workshops! Register by calling our office at 503-249-5205.


All the best,


Innovative Changes

Senior Resources: Elders in Action & SHIBA


Portland has many great programs that provide classes, events, and activities for seniors to have fun. But what about the many issues that seniors might deal with surrounding budgeting during retirement or Medicare? Well, here are two very helpful organizations that serve seniors in our community and help them to feel more in control of their finances, find helpful caregivers, and be a better advocate for their needs: Elders in Action and SHIBA! 

Senior Centers Around Portland
Kids aren't the only ones looking to have fun in the summer! There are various senior centers around Portland that offer daily activities, classes, transportation assistance, and special events to keep seniors engaged with their community. Here are a few senior centers and some of the exciting upcoming and weekly events that they offer

Social Security 101


From your first job as a teenager to a decades-long career, you've constantly seen social security reducing your take home pay. Where is it going? When can you access it? Here are some frequently asked questions with helpful tips about getting the most out of your money when you need it.

IRAs, 401Ks, Oh my!

When you are looking at your needs and wants, for all too many people retirement falls really low on the spending priority list. A recent study found that one-third of Americans have less than $1,000 saved for retirement! It's easy for it to fall onto the back burner. You may have a 401k at your work that you keep meaning to enroll in but don't, or even if your workplace doesn't have a retirement plan, IRAs seem mysterious and expensive. Not only does a retirement account grow faster than you think, but it's really easy! Read more about retirement saving here!
Upcoming Workshops & Orientations

The next Financial Household Resiliency workshops will be:


- Tuesday evenings from 5:30-7:30 pm, September 9th-30th, at our office in 2010 Lloyd Center Mall. You can register for the classes here.


Our next Credit Builder Orientations will be:


- Thursday, July 17th, 5:30-6:30 pm

- (en espanol) viernes, 25 de julio, 1:00-2:00 pm

- Tuesday, July 29th, 5:30-6:30 pm


 All take place at our office, 2010 Lloyd Center. Register here.

Looking to learn more about our Individual Development Accounts (IDAs) for post-secondary education? You're in luck! Our next orientations will be held on July 30th from 5:30-7 pm and August 1st from 10-11:30 am. These will be the final two orientations for 2014.
Come to our next Financial Fair!
 Read about it here! It will be held on Saturday August 23rd from 10:00 am - 3:00 pm at the Africa House on NE 102nd Ave. Food, local resources, financial advisers, and activities for kids provided! 



For Our Borrowers


Are You Receiving Your Payment Reminders? 

If you chose to receive your payment reminders by email, make sure that they are coming to your inbox and not your junk mail. If you would like to change the way that you receive reminders (by mail, by email, or by phone call) let us know! Call Misha at 503-249-5205. 


See all the options on how to make your loan payment here.


Remember, We Are Here to Help!  


Are you having trouble making your payment this month, or afraid that it might be a little late? Let us know! We understand that unexpected events and expenses can make it hard to keep your finances on track, and Innovative Changes wants to be there for you in such cases. We are flexible and willing to work with our borrowers to satisfy loan obligations, and in return we ask for honest and timely communication.

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