"Making $ense of Finance"




Saturday, November 8, 2014

Independence Seaport Museum
9:30
am to 3:30 pm

211 South Columbus Boulevard
Philadelphia, PA  19106

FREE parking!  Check back for parking details.

Note:  First 150 registered attendees receive a $25 gift card

Event Agenda

  9:30 – 10:00  
Registration / Exhibitors / Refreshments

10:00 – 10:05  
Welcome

10:05 – 10:15   Transition to Breakout Sessions #1

10:15 – 11:15   
Breakout Sessions #1

11:15 – 11:25   Transition to Breakout Sessions #2

11:25 – 12:25  
Breakout Sessions #2

12:25 –   1:30  
Lunch and Keynote

  1:30 –   1:40   Transition to Breakout Sessions #3

  1:40 –   2:40   Breakout Sessions #3

  2:40 –   3:15   Evaluations/Raffle Prizes/Questions/Wrap Up
 

Workshop Breakout Sessions 1:

Budgeting — Build Wealth not Debt
Presented by the PA National Guard’s Military and Family Life Counseling Program

The decisions you make regarding your money on a daily basis are more important than the amount of money you make. Cultivating sound personal financial management skills is important. Strong budgeting skills are the core of sound personal financial management. Budgeting is the most important financial management skill we can develop. Without strong budgeting skills, building wealth becomes almost impossible. Therefore, if you want to build wealth over time, start with a budget. In this topic we will explore in detail the budgeting process
.
 
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Credit Reports and Credit Scores
Presented by Advantage Credit Counseling Service, Inc. 

Learn about your credit report and credit score and how they affect your financial life. You’ll find out what information is included on your credit report and factors that affect your credit score. You will also learn how to re-establish credit after experiencing financial difficulties.


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Thrift Savings Plan (TSP):  What’s In It For Me?
Presented by Federal Retirement Thrift Investment Board

Receive a general overview of the Thrift Savings Plan and how it can assist you in building a financial nest egg to supplement your retirement or other financial goals.  Learn the benefits of participating in the plan, whether you’re planning on being in the military for a career or just an enlistment.
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Protecting your Identity
Presented by the Better Business Bureau

Did you know that one incident of identity fraud occurs every two seconds and that $18 billion was stolen from identity theft victims in 2013? Your Better Business Bureau (BBB) recognizes identity theft as a growing problem in the United States, and that military members and families are often targeted due to their unique lifestyles. Learn how to protect yourself from scams targeting your identity at home and on the go.




Workshop Sessions 2:

Investing 101 — Building a Nest Egg for Long Term Goals
Presented by the Pennsylvania Department of Banking and Securities

Everyone has plans and goals for the future. Buying a home, starting a family, paying for post-high school education, and retiring are important life events.  Your goals are the key reasons to continually build a financial nest egg for yourself.  Learn the basics of investing in this session, whether you want to start investing or would just like a refresher on the basic topics.  See how risk is a normal part of investing, how stock market fluctuations are normal, and how you can understand the different types of investment offerings from stocks, to mutual funds, to exchange traded funds (ETFs).  Increasing your knowledge of basic investing topics can help increase the size of your financial nest egg. 

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Credit Reports and Credit Scores
Presented by Advantage Credit Counseling Service, Inc. 

Learn about your credit report and credit score and how they affect your financial life. You’ll find out what information is included on your credit report and factors that affect your credit score. You will also learn how to re-establish credit after experiencing financial difficulties.


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Using Life Insurance "Effectively" to Protect Your Family 
Presented by the PA National Guard’s Military and Family Life Counseling Program

Risk and everyday living go hand in hand. Most risk can be classified into one of three categories; property, personal, and liability. There are three ways to manage risk; retention, avoidance, or transfer. In this topic of instruction we will focus on the importance of recognizing risk in its many forms and understanding the risks associated with our personal lifestyle. Students will learn about the use of insurance in the form of life, health, disability, unemployment, liability, and homeowners policies.

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Budget
Presented by Advantage Credit Counseling Service, Inc.

The decisions you make regarding your money on a daily basis are more important than the amount of money you make. Cultivating sound personal financial management skills is important. Strong budgeting skills are the core of sound personal financial management. Budgeting is the most important financial management skill we can develop. Without strong budgeting skills, building wealth becomes almost impossible. Therefore, if you want to build wealth over time, start with a budget. In this topic we will explore in detail the budgeting process.


Workshop Sessions 3:

Investing 201 — A Deeper Look at Investing For Long Term Goals
Presented by PHFA

Beyond the required pension contributions that come out of U.S. military service member’s paychecks, learn about the possible mixes and combinations of other retirement/investment plans you can take advantage of to build a nest egg.  This includes the Thrift Savings Plan, the DoD Savings Deposit Program (when applicable), a traditional or Roth Individual Retirement Account (IRA) and the retirement plan offered by a civilian employer if you continue working upon leaving the military.  Learn how “target date” or “lifestyle” funds work and some of the pros and cons.  Also learn about the important steps to keep in mind when moving money from one retirement plan to another, to avoid unexpected taxes as well as early withdrawal tax penalties.  Additionally, learn about investing for long term goals apart from retirement (e.g. new home purchase, vacation home purchase, global travel, etc.).  Learn about where you can place this money and tax considerations to keep in mind when selling these investments.
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Estate Planning - "Preserving and Transferring" Your Assets
Presented by the PA National Guard’s Military and Family Life Counseling Program

Presentation summary coming soon

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Thrift Savings Plan (TSP):  What’s In It For Me?
Presented by Federal Retirement Thrift Investment Board

Receive a general overview of the Thrift Savings Plan and how it can assist you in building a financial nest egg to supplement your retirement or other financial goals.  Learn the benefits of participating in the plan, whether you’re planning on being in the military for a career or just an enlistment.


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Understanding Your Education Benefits
Presented by IvyWise Educational Consulting

There are various avenues for individuals interested in pursuing college level credit at a myriad of institutions.  Additionally, many colleges and universities are welcoming present and past service members and offer financial support for individuals through the GI Bill and their own resources.  Attendees will learn how to prepare and position oneself to be admitted to colleges.  Additionally, learn key steps to the various opportunities available for prospective students of any age and educational background.

More Information...
Complimentary breakfast, lunch and drinks provided.
Space is limited, so register now.
Registration is required for admission

For questions, e-mail ra-dobsInvestorEd@pa.gov   

 

 

 

Schedule of Events

  

October 30, 2014

SCAM JAM!  Your Money, Learn How to Spot Scams

Mahanoy City Senior Community Center
138 W. Centre St., Mahanoy City, PA
9:30 am to 11:30 am

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  • Awareness and Avoidance of Investment Fraud
  • Investment Fraud bingo with Prizes
  • Complimentary breakfast items throughout the morning

Space is limited.  Registration required for this FREE event.
Call: 1.888.837.4235

 



November 8, 2014

Making $ense of Finance

Independence Seaport Museum - Penn's Landing, Philadelphia, PA

 ____________________________________________________________________________

  • Budgeting — Build Wealth not Debt  
  • Credit Reports and Credit Scores 
  • Protecting your Identity 
  • Using Life Insurance "Effectively" to Protect Your Family 
  • Investing 101 — Building a Nest Egg for Long Term Goals
  • Estate Planning - "Preserving and Transferring" Your Assets
  • Maximizing Your Retirement Savings Through the Thrift Savings Plan (TSP) 
  • Protecting your Identity 
  • Understanding Your Military Benefits 

Stay tuned for more information...
If you have questions call: 717.705.2687