Do you know where your money is going? You work hard for your paycheck, so it’s vitally important to keep track of every dollar to make sure that you’re setting yourself up for financial success. So, ask yourself: do you know the basics about budgeting, credit, homeownership, and investment? Senator Vincent Hughes is organizing seven weeks of FREE workshops to help you get your financial house in order.
The Financial Literacy Workshops will be held from 6 p.m. – 7:30 p.m. at the Free Library of Philadelphia located Wynnefield Branch, 5325 Overbrook Avenue, Philadelphia. Check out the workshops below and RSVP.
We will also be offering One on One Counseling Sessions every Thursday from October 6th through November 17th. These will be held from 4 p.m. – 8 p.m. at the office of Senator Hughes located at 4950 Parkside, Suite 300, Philadelphia. These are BY APPOINTMENT ONLY. Contact Omar Sabir in Senator Hughes Office at 215.879.7777 email@example.com to set up your appointment.
UNDERSTANDING CREDIT ~ October 5
Your credit score reflects your creditworthiness at a given point in time. Used by mortgage lenders, car loan lenders, credit card companies, landlords, cell-phone companies, and even potential employers, your score is the key to your financial life. This workshop will focus on: Anatomy of a credit score, how to improve your credit score, and things that can harm your credit score.
BUDGETING, BANKING AND TAXES ~ October 12
You must 1st plan your WORK, then WORK your plan. This session will show you how to create and maintain your budget, receive information about Banking from Banking Professionals and advise you on how to plan for 2016 Tax Submission.
WHAT EVERY FIRST-TIME HOMEBUYER NEEDS TO KNOW ~ October 19
Thinking about buying a home? We have information that can help! Our experts will step you through the entire process from figuring out how much you can afford to Signing your Papers!
WHY YOU NEED INSURANCE ~ October 26
You’ve worked hard to build a solid financial footing for you and your family, so you want to be sure that everything is protected. Accidents and disasters can and do happen, and if you aren’t adequately insured, it could leave you in financial ruin. You need insurance to protect your life, your ability to earn income, and to keep a roof over your head.
CRISIS IN HOME OWNERSHIP ~ November 2
Homeowners can lower their monthly mortgage payments and get into more stable loans at today’s low rates. And for those homeowners for whom homeownership is no longer affordable or desirable, we have information to provide a way out which avoids foreclosure. Additionally, in an effort to be responsive to the needs of today’s homeowners, there are also options for unemployed homeowners and homeowners who owe more than their homes are worth. PECO, PGW and Philadelphia Water Department will also be on hand to assist you with your utility bills.
WHAT DOES IT TAKE TO BECOME AN INVESTOR ~ November 9
The world of money is ever-evolving and revolving, so your knowledge needs to be updated constantly. Education and knowledge are probably the most effective tools to avoid truly disastrous losses. This workshop is designed to help you understand various types of investments and how not to overestimate your capabilities.
ESTATE PLANNING AND ASSET MANAGEMENT PROTECTION ~ November 16
The focus of this workshop is to advise individuals on how to create a comprehensive estate and retirement plan that addresses tax, family, retirement, disability and financial issues.