Centura Blog

Connecting Communities & Careers

The Path to Financial Literacy

Posted by on May 28, 2020 in Adult Education, Centura Chesapeake, Centura College, Centura Columbia, Centura Newport News, Centura Norfolk, Centura Richmond, Centura Virginia Beach, Financial Aid, Lifestyle

Written by Mike Vaughn

You may have found yourself asking, “what exactly does financial literacy mean?” Understanding the topic of money sounds simple enough, but its complexity depends on our goals. For everyday life, we only need enough to pay our bills and not be overdrawn by payday, but we may be able to do better than that by paying more attention to the ongoing struggle between our wallets and our bank accounts.

The odds of hitting the jackpot are 1 in 302,575,350, according to Mega Millions. Upon discovering this, most of us must find a different path to financial independence. The saying “spend less, save more” is a good start, but there’s so much more that we can do. We’re not going to go into the stock market here, but we’ll cover some easy things you can start doing today, tomorrow or next week.

Why is Financial Literacy Important

A basic understanding of your finances can help you set financial goals, manage your credit and even determine which bank you should be using. Obviously, the sooner you figure out your finances, the better. We can ruin our credit in a matter of months, but it takes years to rebuild. 

Credit Scores and Credit Utilization Ratios

You never know how important your credit score is until you’re making a major purchase.  Your credit score determines whether or not you qualify for that loan or financing; it also determines the interest rate you’ll be paying. 

It’s a good idea to keep your credit use below 30% of your total available credit.  That is your credit utilization ratio, and it is calculated by dividing the total amount on all your credit cards by your total available credit. For instance, if you’ve got a $1000 credit card, you’d want to keep your balance below $300. If your credit utilization ratio is above 30%, this can hurt your credit score, as this is the second biggest factor affecting your score next to payment history.

Setting a Budget

It’s also important to keep an eye on your accounts and track your spending because it’s easy to find your account overdrawn if you’re not careful. The best thing to do is create a budget. It doesn’t have to be too complex, but some way for you to see how much money you’ve got coming in and how much money you’ve got going out, and when. With this information, you’ll be able to plan how to use your money more efficiently. Once you see where your money is going, it’ll be easier to fine-tune your spending and set financial goals. 

There are a lot of resources online for information and tools you can use. With these financial management tools, you will easily be able to manage your money, manage your debt, and manage your credit.

A good method to follow is the 50/30/20 budget rule. That is 50% for essentials, 30% for personal spending, and 20% for savings and other financial goals.

Financial Literacy for Saving

Be sure to make savings a part of your monthly budget, no matter how small the amount. It’s important to keep your savings out of your checking account. Also, don’t confuse your wants with your needs.

An emergency fund is another good idea, but only dip into it in case of emergency, such as job-loss, medical emergencies, emergency home repairs, vehicle repairs and things of that nature.

It really is never too early to start saving for retirement, so try to get into a 401(k) program as soon as you can. Ask your employer or your bank about getting started, and they will walk you through your options. It’s also recommended that when you get a raise, increase your retirement savings, too.

Other Things to Know

Be aware of interest rates for credit cards, loans, and even savings accounts, as some are better than others. 

A good method for tackling debt is to pay off smaller bills first and getting them out of the way. Follow that up by attacking your higher interest credit cards or loans. 

It might also be a good idea to adopt a cash-only diet. This curbs spending and makes your money a lot easier to track. 

On a final note, it can’t be stressed enough that the more you learn about financial literacy, the closer you will be to reaching your goals.

For more information on Centura College, visit www.centuracollege.edu

About Centura College

Centura College has been part of an organization dedicated to helping men and women develop careers since 1969. By training working adults in healthcare, technology, business, and trades, they connect communities with some of the fastest growing career fields in today’s marketplace. The school offers professional facilities, knowledgeable instructors, day or evening classes, job placement assistance and is accredited by the Accrediting Commission of Career Schools and Colleges (ACCSC). To learn more, visit www.CenturaCollege.edu or like them on Facebook at https://www.facebook.com/centura.edu.

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Take Your Career to a Hire Level: The Hampton Roads Career Fair

Posted by on Sep 10, 2019 in Centura College

Centura College, Tidewater Tech and Aviation Institute of Maintenance partner to host a Career Fair on September 25 for job seekers in the Hampton Roads community.

two males and a female working in skilled trades for the HAmpton Roads Career Fair on Septermever 25th from 10 am till 2 pm

Written by Jul DeGeus

Centura College, Tidewater Tech and Aviation Institute of Maintenance are holding a career fair on Wednesday, September 25th, from 10:00 a.m. till 2:00 p.m. Located at the Holiday Inn at 5655 Greenwich Road, Virginia Beach, VA, this event is free and open to the public with parking onsite.

Jobs seekers will have the opportunity to connect directly with recruiters from a variety of industries. Hiring managers will be present and are looking to fill positions within their respective organizations. These representatives will be accepting resumes as well as providing information regarding available job opportunities. On-the-spot interviews will be conducted at the discretion of the employer.

Approximately 75 employers have confirmed participation, including: Aerotek, Checkered Flag, Delta, Elite Women’s Care, Huntington Ingalls Industries – Fleet Support Group, LLC, International Flooring & Protective Coatings, Inc., Millers Energy, Paradise Found Massage & Spa, Shipyard Staffing, LLC, Southwest and many more. An expanded list of employers can be found at www.HRCareerFair.com.

“We are very excited to host the Hampton Roads Career Fair! This event is an opportunity for individuals throughout Hampton Roads who are in search of employment; including recent high school and college graduates, transitioning military, and those interested in changing careers, to gain access to some of the area’s top employers,” stated Zoe Thompson, Director of Academic Affairs. “This will be the first time all three campus brands have collaborated to host a career fair and our hope is to provide the Hampton Roads community with a wonderful networking experience that we can continue to offer in the future.”

Career fair goers should come dressed in business attire and bring multiple copies of their resume. Job seekers can register online at www.HRCareerFair.com. For more information regarding the Hampton Roads Career Fair, call (757) 456-5065, ext. 1227.

About Aviation Institute of Maintenance:

Aviation Institute of Maintenance (AIM) is a network of aviation maintenance schools with campuses coast-to-coast in the United States and headquarters in Virginia Beach, Va. AIM students are trained to meet the increasing global demand of commercial, cargo, corporate and private aviation employers. AIM graduates are eligible to take the Federal Aviation Administration exams necessary to obtain their mechanic’s certificate with ratings in both Airframe and Powerplant. AIM’s campuses are in the following major metro areas: Atlanta, Charlotte, Philadelphia, Dallas, Houston, Indianapolis, Las Vegas, Washington, D.C., Kansas City, San Francisco Bay, Orlando and Norfolk. Visit AviationMaintenance.edu or call (888) FIX-JETS for more information.

About Centura College

Centura College has been part of an organization dedicated to helping men and women develop careers since 1969. By training working adults in healthcare, technology, business, and trades, they connect communities with some of the fastest growing career fields in today’s marketplace. The school offers professional facilities, knowledgeable instructors, day or evening classes, job placement assistance and is accredited by the Accrediting Commission of Career Schools and Colleges (ACCSC). To learn more, visit www.CenturaCollege.edu or like them on Facebook at https://www.facebook.com/centura.edu.

About Tidewater Tech

Tidewater Tech is a career training school that specializes in trade vocations including Auto Technician, Heating, Ventilation and Air Conditioning (HVAC), Building Maintenance and Repair and Welding. The school offers professional facilities, knowledgeable instructors, day or evening classes, and job placement assistance.  Learn more at www.tidewatertechtrades.edu.

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Hot Dogs for Heroes: Community Event

Posted by on Aug 27, 2019 in Adult Education, Campus Connections, Centura Chesapeake, Centura College, Community Connections, Military Friendly School, Spotlight Feature

Centura College Chesapeake honors military and first responders at Hot Dogs for Heroes, a community cookout with games and prizes.

Centura College female Staff members with male police officers at hot dogs for heroes.

Written by Zakkiyya Anderson and Esperanza Poquiz

Last month, Centura College Chesapeake celebrated Independence Day by honoring Hampton Roads military personnel and first responders with Hot Dogs for Heroes, a cookout complete with music, games and raffle prizes!

Students, faculty and spectators enjoyed hot dogs, chips and desserts that were prepared by the staff in a blind bake-off. Music was handled by Wendell Bond, one of the campus’s massage therapy students. Bond kept the beats jamming throughout the entire event. No summer gathering is complete without corn hole, volleyball and jumbo Jenga, all of which were at the celebration. Students and staff both got in on the competitive fun, knocking over Jenga towers and sinking beanbags into corn hole boards.

Local vendors, like AT&T, First Command, STOP Inc. and Red Bull, were in attendance sharing resources with staff, students and the community.  Raffle prizes included Norfolk Tides tickets and a Bluetooth speaker. All recipients of the raffle prizes either served in the military or were military spouses. Centura Chesapeake looks forward to continuing show appreciation for all the heroes who sacrifice so much for the community and country.

About Centura College

Centura College has been part of an organization dedicated to helping men and women develop careers since 1969.  By training working adults in healthcare, technology, business, and skilled trades, they connect communities with some of the fastest growing career fields in today’s marketplace.  The school offers professional facilities, knowledgeable instructors, day or evening classes, job placement assistance and is accredited by the Accrediting Commission of Career Schools and Colleges (ACCSC).  To learn more, visit www.CenturaCollege.edu or like them on Facebook at https://www.facebook.com/centura.edu.

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Nailed It: Carpentry Now Offered at Centura Norfolk

Posted by on Jul 9, 2019 in Centura College, Centura Norfolk, Community Connections, Press Release, Skilled Trades, Skilled Trades Careers

As skilled trades employers continue to face issues finding qualified technicians to fill open positions, Centura College is answering the call for help.

African American woman carpenter working in the workshop

Written by Jul DeGeus

Centura College’s Norfolk campus is now offering a Carpentry training program. This joins the campus’s existing programs offered, including Dental Assisting, Health Information Technology, Medical Assisting and Constriction Electrician.

The Carpentry program provides students with the technical skills to build, install and/or repair residential, commercial, and industrial structures such as floors, walls, roofing, windows, and doors as well as interior and exterior building structures. Students who graduate from this program will have learned how to construct, repair and install building framework and structures made from wood and other building materials.

Students will learn how to safely use the tools of the trade to assist with cutting and shaping wood, plastic, fiberglass or drywall. Hands-on, and troubleshooting applications in a classroom and lab setting are also presented to include various angle cuts, assembling and aligning walls, building roof systems, blueprint reading, and the safe usage of various hand and power tools needed for this trade.

Areas of study include construction drawings, framing, floor systems, roofing, ceilings, moisture protection, rigging practices, drywall, cabinetry, concrete forms, interior and exterior finishes, site preparation, and crew leadership. Additionally, students will learn mathematical calculations necessary to plan and build structures, and soft skills to include communication skills, team work and professionalism.

Students will have the opportunity to complete the Occupation Safety and Health Administration (OSHA) 10-hour safety certification including the National Center for Construction Education & Research (NCCER) Levels I, II, III and CPR/ Basic Life Support.

For more information regarding Centura College’s Carpentry program, contact the campus at (757) 853-2121.

About Centura College

Centura College has been part of an organization dedicated to helping men and women develop careers since 1969. By training working adults in healthcare, technology, business, and trades, they connect communities with some of the fastest growing career fields in today’s marketplace. The school offers professional facilities, knowledgeable instructors, day or evening classes, job placement assistance and is accredited by the Accrediting Commission of Career Schools and Colleges (ACCSC). To learn more, visit www.CenturaCollege.edu or like them on Facebook at https://www.facebook.com/centura.edu.

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Centura College Virginia Beach Campus Held a June Career Fair

Posted by on Jun 18, 2019 in Adult Education, Campus Connections, Career Change, Career Fair, Career Services, Centura College, Centura Virginia Beach, Community Connections, Lifestyle, Spotlight Feature

Written by Olivia Jordan, Career Services Coordinator

Centura College’s Virginia Beach campus hosted its semi-annual Career Fair on Wednesday, June 5th, 2019. Before the event, Olivia Jordan, Career Services Coordinator, provided donuts and resume starter packets. The Career Services Department held a workshop prior to the Career Fair to help students learn the basics of resume building, cover letter writing, interview skills and how to dress for success.

In addition, during the student body meeting, students received instruction and information on preparing their 30 second elevator pitch while watching a role-play from Career Services and Student Services on ‘what to do’ and ‘what not to do’ during the Career Fair. To conclude the week, a speed interview workshop was held,and feedback was provided to the student on their interview skills.

Altogether, 20 businesses and over 30 students participated in the Career Fair, building connections and opportunities for employment. Some of the companies in attendance included: Jordan-Young Institute, Virginia Beach Parks & Recreation, Massage Luxe, Waffle House, Elite Women’s Care, Massage Envy, Liberty Tax, and Integrity Staffing Services. During the Career Fair, students were able to learn more about each company, network, receive feedback, and gain career tips within their field. Many employers found prospective students to fill positions within their company and have created partnerships with not only Centura College but also other companies in the area. Overall, the Career Fair was a huge success for our students; it allowed employers and company representatives to meet in one place and gain the advantage of meeting face to face with students of Centura College.

About Centura College

Centura College has been part of an organization dedicated to helping men and women develop careers since 1969.  By training working adults in healthcare, technology, business, and skilled trades, they connect communities with some of the fastest growing career fields in today’s marketplace.  The school offers professional facilities, knowledgeable instructors, day or evening classes, job placement assistance and is accredited by the Accrediting Commission of Career Schools and Colleges (ACCSC).  To learn more, visit www.CenturaCollege.edu or like them on Facebook at https://www.facebook.com/centura.edu.

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