Finer Finances ... Women and Money Workshops
The Women and Money Workshops are a 4-part series dealing with financial issues. The specific goal of each workshop is to improve the financial literacy of women in its particular subject matter area.
A study conducted by the Prudential's Insurance Company of America titled, Financial Experience & Behaviors Among Women, surveys women's attitudes, behaviors and financial knowledge, as well as their financial goals and confidence in meeting those goals.
The study reveals that women are no more prepared to meet long-term financial goals than they were a decade ago. Nearly half of women—44%—are the primary breadwinners in their households.
Many of the women admit to a lack of familiarity with financial products and the sense that they simply don’t know what to consider when evaluating their options.
Strategic Banking Workshop
The Strategic Banking Workshop is designed to inform women who are in transition about banking services and practices. Women in transition include those that are going off to college, graduating college, taking a new job, getting promoted, getting divorced, or experiencing other life changes. The workshop will help the women make informed decisions about where they bank and how to identify what types of banking services they may need based on their banking profile and lifestyle. The workshop also serves to make women aware of the types of banking costs and how to avoid or minimize them.
Protecting Your Credit Reputation
The workshop on Protecting Your Credit Reputation is designed to improve the way women use their credit and inform them on the type of information reported to potential creditors. The workshop gives the women the opportunity to consider the costs of credit whether it is the use of credit cards or loans. The overall objective of the workshop is to cause women to reflect on the role credit plays in their lives and to cause them to manage their credit in such as way that they protect their "credit reputation" and credit is a financial benefit not a burden.