March 2007 Newsletter

Note date change to the first Wednesday for March due to USU Spring break.
March 7 : Savings Fitness: a Guide to Your Money and Your Financial Future
Each participant will receive a free 20 page workbook. Refreshments provided.
Financial Planning for Women (FPW) is a monthly educational seminar that meets the second Wednesday of each month at two times: 12:30-1:30 p.m. in Family Life room 318 on the USU campus. Bring your lunch. The same program is repeated in the evening: 7-8:30 p.m. at the Family Life Center, 493 North 700 East, Logan (at bottom of Old Main Hill). The longer evening time slot allows for more discussion. Programs are free and registration is not required. Bring a friend! For further information: (435) 797-1569 ;
March is the month to recognize "all other" USU women who are not directly affiliated with a specific college. Each month for the last seven meetings FPW provided 'rewards" for women affiliated with each of USU's seven colleges who attended FPW. Affiliation means you work for the college, graduated from, are a student in the college, or are spouse/partner of an affiliate. In March everyone who attends and is affiliated with USU but not a specific college is eligible for a prize drawing.
Also, if you brought with you a woman who is attending FPW for the first time you will receive a thank you gift. Please speak up and let us know.
April 11:   Making Your Money Last for a Lifetime: Why You Need to Know About Annuities
Learn the difference between a deferred annuity (for accumulating savings for retirement) and an immediate annuity (for turning a lump sum into a life time income stream), how to evaluate and shop for an annuity, and the important roll an annuity can play in ensuring you do not run out of money in retirement).
Did you receive a large tax refund? Don't brag to your friends.
If you received a large tax refund (the average was about $2700 but even $500 is a lot) then it's time to adust your W-4 form to reduce your withholding and use that "extra" money each month to pay down consumer debt or save/invest automatically. Use the Income Tax withholding calculator:,,id=96196,00.html
Women's Institute for a Secure Retirement (WISER) "Improving the long term financial security of all women through education and advocacy."
WISER offers Fact Sheets on almost everything you need to know about finances:
Be Prepared, Be Informed, Be in Charge: Simple Strategies for Managing Your Money
Make Sure You Are Financially Fit
A checklist for shaping up your personal balance sheet
"You know it's important to get regular physical exams and take your car in for oil changes and tune-ups. But what are you doing to make sure your finances are in good shape, too? The start of a new year is a great time to give your finances a checkup, but it's never too early or too late to make sure you're properly managing your money. Here's a checklist for conducting a simple yet thorough financial self-examination."
  1. Periodically review your accounts.
  2. Make sure you have - and have read - the most recent "disclosures" about your accounts.
  3. Get a free copy of your credit report.
  4. Look at how you're spending money - and how you can do a better job.
  5. Find new ways to simplify your financial life.
View the website above for details and to: Test Your Money Management IQ
Other great money management resources:
Read The Wall Street Journal Sunday in the Sunday Salt Lake Tribune Business Section or read it online:
Housing and Financial Counseling (USU Family Life Center) workshops:
Saturday March 10 Homeownership workshop 8:30-4:30 (registration required)
Call 797-7430 to register.
The Good Life Workshop sponsored by Utah State University Extension
7 p.m. Wednesday, March 28, 2007    Tax Strategies for Retirement
Speaker: Vance Grange, Utah State University Professor
For info: Adrie J. Roberts, Utah State University Extension (435) 752-6263
Cache County Administration Building, Suite 111, 179 N. Main, Logan
Smart Money education series for teenagers 14-18 years
Wed. Feb. 21, 6:30-8:30 pm
USU Charter Credit Union, 198 N. Main, downstairs conference room (enter at rear of building). Workshops are free. To register: 753-4080, ext 3400 or
The USU Family Life Center, 797-7224, 493 N 700 East (bottom of Old Main Hill), provides individual financial counseling. This is the best source for basic money management and getting out of debt. They offer the PowerPay computer debt analysis. Counseling sessions cost $5 for first session with sliding scale charges based on family income and family size for subsequent counseling sessions.
Thanks to the Certified Financial Planner Board Grant for financial support of FPW.