At FirstKey Homes, we believe that financial wellness is just as important as having a place to call home. That’s why we provide our residents with two FREE financial resources and programs to support their financial journey:
- KOFE (Knowledge of Financial Education), designed to help you take control of your financial future.
- RentTrack, which helps you build credit through the rent payments you’re making already.
Common financial goals include:
- Buying a home
- Increasing credit scores
- Growing savings
If any of these goals resonate with you, our resources and programs are here to help you take the next step toward success.
How RentTrack Can Help Improve Your Financial Wellness
We offer a program through RentTrack that helps our residents build credit through the rent payments they’re making already. Your on-time rent payments will be reported to all three credit reporting agencies: Experian, TransUnion, and Equifax … also at no cost to you, so it’s a no-brainer!
See https://www.renttrack.com/firstkeyhomes for further details and to sign up.
How KOFE Supports Financial Literacy
As part of our resident perks, KOFE offers a variety of tools and resources to help you achieve your financial goals, including:
- Budgeting tools to help track and manage expenses.
- Educational courses on topics like saving for retirement, raising credit scores, and managing debt.
- Personalized financial coaching through a dedicated hotline.
- Monthly newsletters filled with expert financial tips and insights.
We offer this resident perk because we believe in providing more than just a home—we want to support a lifestyle of stability and success for our residents.
You can register for KOFE today at https://firstkeyhomes.kofetime.com/.
More About KOFE
KOFE uses a three-part approach to financial wellness and education, all included with your account provided by FirstKey Homes free of charge:
- Online Self-Paced Learning – On-demand online resources including videos, ebooks, infographics, podcasts and interactive courses.
- Online Courses – Certified credit coaches provide monthly webinars that cover a variety of fundamental and trending financial wellness topics.
- One-on-One Coaching – Connect one-on-one with certified credit coaches and counselors to help you define and achieve key financial goals, from improving your credit to buying a home.
5 Tips to Improve Your Financial Planning Using KOFE
To help you get started on your journey to financial wellness, here are five essential tips:
- Create a Budget – Understanding your income and expenses is the first step toward financial stability. Use KOFE’s budgeting tools to stay on track.
- Build an Emergency Fund – Aim to save at least three to six months’ worth of expenses to cover unexpected financial setbacks.
- Improve Your Credit Score – Pay bills on time, reduce outstanding debt, and check your credit report regularly. (See the selection below about RentTrack and positive credit reporting.)
- Save for Retirement Early – The sooner you start, the more you’ll benefit from compound interest. Consider exploring the best investments for retirement to grow your savings.
- Seek Financial Advice – Utilize KOFE’s financial coaching hotline for personalized guidance on your financial journey.
Watch Our Resident's Success Story
One of our residents, Rhonica, took full advantage of KOFE and experienced firsthand how these financial tools can create a positive impact. From learning how to save for a family trip to understanding how to pay off credit card debt, KOFE provided her with the knowledge she needed to make informed financial decisions.
Check out Rhonica’s story in this testimonial video: https://youtu.be/75V46xRSaN0.