Catalog/Articles PCL Website

Free Financial Workshops at Your Neighborhood Library During Money Smart Week

Published Date: 
April 13, 2016
Publication: 

Learn From the Experts About Credit Scores, Money Myths and Paying For College

Saving for college? Preparing for retirement? Repairing your credit? Just wish you were better at managing your money? Providence Community Library (PCL) is partnering with local experts to offer free financial workshops from April 23-30. The workshops are part of Money Smart Week, a national awareness campaign created by the Federal Reserve Bank of Chicago to help consumers better manage their personal finances. There are fun activities for kids, too! Presenters include Dana Peterson-Fatuda of the Rhode Island General Treasurer's Office, personal finance guru Crystal Hall and advisors from Junior Achievement RI. Seth Magaziner, General Treasurer of the State of Rhode Island, will be a special guest at workshops at South Providence Library on April 26.
 
According to a recent studies, the average American household
 
• Carries a revolving credit card balance of $15,355 
• Has total consumer debt of more than $130,922
• Spends $6,658 – about 9 percent of income – just on credit card interest!
 
National consumer debt is a seven year high and experts fear that some consumers are approaching a "tipping point" the point where their income can no longer sustain the debt. PCL‘s workshops cut through the confusion, help you better understand financial issues and plan for the future.
 
$mart Consumers, Common Cents
Monday, April 25, 5:00PM
Junior Achievement RI will visit Mount Pleasant’s tween/teen club and run a financial literacy based board game. For ages 10+
Mount Pleasant Library, 315 Academy Avenue 401-272-0106
 
You May Have Unclaimed Property!
Tuesday April 26, 4:00PM – 6:00PM
Staff from the Treasury will help you check for unclaimed property and start the process of retrieving it. For Adults. 
South Providence Library, 441 Prairie Avenue 401-467-2619
 
Money Myths: The Real Story
Tuesday April 26, 6:00PM - 7:30 PM
Personal finance guru Crystal Hall explains what's true, half-true, and simply false in common beliefs about money and finance. For Adults 
South Providence Library, 441 Prairie Avenue 401-467-2619
 
Bank on It – FDIC Money Smart for Young Adults
Thursday, April 28, 4:00PM-4:30PM
In this short class presented by Christine Andrews of the Home Loan Investment Bank, teens can learn about the services offered by banks and how to make smart choices with their finances.
Fox Point Library, 90 Ives Street 401-331-0390
 
Saving for College: the CollegeBoundfund
Thursday, April 28, 2016 - 7:00PM to 8:30PM
The CollegeBoundfund is Rhode Island’s 529 qualified state tuition savings program.  Dana Peterson-Fatuda of the RI General Treasurer's Office will be visiting the library to explain the ins and outs of the fund and how parents can best take advantage of it to start saving for college tuition. 
Rochambeau Library, 708 Hope Street, 401-272-3780
 
Bank on It! Banking Knowledge for Young Adults
Friday April 29, 10:30AM - 11:30AM
The Home Loan Investment Bank presents information on banks and banking for teens and young adults.
South Providence Library, 441 Prairie Avenue 401-467-2619
 
Understanding Your Credit Score: How to Improve Your Credit and Manage Debt
Saturday, April 30, 2016 - 1:00PM to 2:30PM
During this workshop, learn how debt impacts your credit. Find out how FICO credit scores are calculated and why negotiating/paying off debts, obtaining various trade lines and monitoring credit card usage can improve your credit score. Presented by Crystal Hall, Certified Financial Social Worker from the LISC Financial Opportunity Center at Community Care Alliance of Woonsocket.
Rochambeau Library, 708 Hope Street 401-272-3780
 
College Planning Workshop
Thursday, May 5, 2016 - 6:30PM - 8:30PM
Discover how to best assist your teen at this workshop presented by Lifetime Advisors Group. Co-design a successful admissions plan from A-Z; Identify "best fit" colleges; effectively search for grants and scholarships and MUCH more.
Rochambeau Library, 708 Hope Street 401-272-3780
 
Money Smart week isn’t just for grown-ups! Younger children can make piggy banks and wallets and enjoy money-based math games at many of our nine neighborhood locations, see our website for details. To learn more about Money Smart Week for both adults and children at PCL, visit www.provcomlib.org/money. For more about Money Smart Week nationwide, visit www.moneysmartweek.org .