Financial Education Workshop

Euclid, OH, May 14, 2008 - Last night over one dozen people attended a financial education presented by Bob Houston, WECO Fund Inc to hear how to build credit, savings and financial security at the Euclid Public Library. They learned how to manage spending, set-up an emergency saings fund, get out of debt, plan for retirement, find extra income and recession protection. Eaton Family Credit Union provided food and beverages.

Comments

Anonymous said…
Based on attendee evaluation forms, here are the actions they plan to take as a result of the class.
Two people plan to come in for personal one-on-one financial coaching.
Two plan on talking with their insurance agents to increase or update their personal insurance plans.
Four want to increase their personal savings (hopefully to include a emergency saving fund).
Four will increase the money put into retirement savings and four will work on debt reduction.
Three were retired and will pass on the information but had questions on safety of their money and when and how to withdraw the funds and beat the extra taxes.

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