PFD Tips

Make Your PFD Work For You

Are you receiving an Alaska Permanent Fund Dividend and wondering how to best invest it in yourself and your family? Get tips on budgeting, financial planning, investing and more below!

For Renters

Create A Family Budget

A family budget is simply a plan for how you spend the money that comes into your household to meet your family’s needs and wants.
Download this tool and create your family budget today.

Set Your Savings Goals

If you are benefitting from STEP, remember that your rent contribution will increase each year.
This workbook from the Credit Financial Protection Bureau will help you set savings goals and make informed spending decisions.

For Prospective Homebuyers

Attend A Free Alaska Housing HomeChoice Class

Learn about the decisions and steps you may encounter when buying a home.
Classes are led by industry experts and cover everything from shopping for a mortgage lender to how to qualify for a loan and what to look for in a home inspection.
Learn more about the free classes and find a schedule here.

Learn How To Improve Your Credit Score

For Homeowners:

Make Extra Mortgage Payments

Did you know, extra mortgage payments add up? Here’s an example:
- A $200,000 30-year home loan with an interest rate of 5% would cost $186,512 if you make 12 monthly payments a year.
- If you make one extra payment a year, you’ll retire the loan four years early and reduce your interest to $153,813 – saving $32,699.
Learn more with Interest.com’s “Three ways to pay your mortgage faster.”

Create A Family Budget

For many, making a family budget is intimidating. Download our family budgeting tool and we’ll walk you through all of the information to get started.

Get A Handle On Your Credit Debt

If you’re concerned that credit debt may be getting out of hand, download this workbook by the Credit Financial Protection Bureau to learn specific tips to guide you out.
The workbook includes a spending tracker, a bill calendar and a goal planner.

Test Your Financial Literacy!

If you’re interested in learning more about financial literacy, or just testing your knowledge, check out these additional resources: