Financial Literacy Series in Partnership with Urban Affairs Coalition
Our Financial Literacy Series is a free, six-week workshop series that helps entrepreneurs and prospective business owners understand the fundamentals of personal finance in order to prepare them for access to capital and legacy-building. Register here for the entire series!
The Financial Literacy Series workshops:
March 15 – Week 1: Building a legacy begins with your Why? Topics include: What does wealth mean to you? What is financial literacy and why is it important?; Identifying your personal reasons for building wealth; Your personal Expense Management 101 (learning, spending, and saving); Assets & Liabilities
March 22 – Week 2: Fundamentals of Personal Credit. Topics include: How personal credit affects business credit; 5 C's of Credit; 3 major credit bureaus & their criteria; The effects of debt and on personal credit; Types of derogatory marks; Credit Counseling resources
March 29 – Week 3: Five Types of Asset Classes (Focus on Business Equity Ownership). Topics include: Cash (already discussed in weeks 1&2), Liquidity and the power to buy anything; Equity* - Ownership into a business/or stock market, yielding variable income to investors (stocks); Fixed Income - investment security that pays investors fixed interest or dividend payments until their maturity date (bonds); Real Estate* - Ownership of physical space; Commodities - Ownership of raw materials used to manufacture finished goods
April 5 – Week 4: Real Estate Ownership. Topics include: Homeownership, Farmland, Commercial Property, Co-Ownership
April 12 – Week 5: Insurance Coverage (& when it can be used as a financial instrument). Topics Include: Home & Renter's Insurance; Health & Disability Insurance; Long-term Care Insurance; Life Insurance; Umbrella Insurance
April 19 – Week 6: Retirement & Estate Planning. Topics Include: Types of Retirement Funds; Estate Planning 101
This is a free event.
Class: 6:00 - 7:30
Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance. Contact us at (215) 790-9232 to arrange.
Co-Sponsor(s): Urban Affairs Coalition Truist Bank TD Bank
Fee: No Cost