PHOENIX — Michael Prior recently got the opportunity to offer some guidance to Phoenix residents calling into a local television station with questions on pressing financial matters.
Prior is president/CEO of Credit Union Financial Network, a CUSO providing investment and trust services to credit unions in Arizona. NBC Affiliate Channel 12 in Phoenix was putting together to a special session on financial planning and reached out to the Financial Planning Association for experts to volunteer their time to answer viewer questions.
Prior was one of eight experts who manned the phones for two hours on the evening of Feb. 11. The calls ran the gamut: from couples with extra cash wanting to know if they should pay down their mortgage to a husband whose wife left him with a pile of debt "but half the income." An elderly woman wanted to know how a reverse mortgage worked.
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