August 2007 Newsletter

August 8:  Choosing and working with a financial advisor. Speaker: Allen Marler, Certified Financial Planner (CFP).
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. For further information: (435) 797- 1569; jean.lown@cc.usu.edu ; http://www.usu.edu/fpw/
Bring a female friend or colleague with you who is attending FPW for the first time and you will receive a thank you gift. Please speak up at the meeting and let us know.
Resources related to August program:
Financial Planning Basics: http://www.CFP.net/learn/resources.asp
"The Garrett Planning Network Inc. is an international network of independent financial advisors and planners offering hourly as-needed financial planning and advice to anyone regardless of income." http://www.garrettplanningnetwork.com
The 10% solution -
The time to commit to saving is when you receive a raise. For USU employees who recently raises in mid-summer, now is the time to commit to saving 10%.
10 Tips to Help You Talk to Your Honey about Money
http://www.moneyhabitudes.com/Tips4Talk2YourHoney.pdf
Although geared to engaged couples, the tips apply at all stages of relationships. Note that permission is granted to reproduce and distribute the materials.
Do you have a young adult child who is going without health insurance?
From the CFP Board newsletter
"The National Association of Insurance Commissioners reminds recent college graduates that finding a new health insurance plan once health coverage expires under a parent's policy should be on the top of their post-graduation to-do lists.  As tempting as it may seem to forfeit health insurance to save money, the financial repercussions of experiencing an unforeseen illness or accident while uninsured can be far more devastating than shelling out money to pay back student loans and credit card debt. Learn about the importance of having an insurance plan suited to your health needs, the different types of health plans available, and information about health-related services that are not health insurance plans at:"
www.naic.org/documents/consumer_alert_health_insurance_after_college.htm
News & Resources to enhance life-long learning:
2 cent tips newsletter is produced monthly by two USU family Finance graduates who are Extension educators in Idaho . To receive this free email newsletter (written with a sense of humor) contact: erickson@uidaho.edu
View USU's Dr. Phil Swensen's Retirement Seminar videos (6 sessions) online at: http://www.usu.edu/hr/retirementseminars2.cfm
Read The Wall Street Journal Sunday in the Sunday Salt Lake Tribune and Deseret Morning News Business Section or read it online: http://online.wsj.com/public/page/sundayjournal.html
Housing and Financial Counseling (USU Family Life Center) workshops:
Saturday August 11 Homeownership workshop 8:30-4:30 Registration required: 435-797-7224 .
Smart Money education series for teenagers 14-18 years and their parents.
Wed. August 15, 6:30- 8 p.m. @ USU Charter Credit Union, 198 N. Main, Logan. In downstairs conference room (enter at rear of building). Workshops are free. To register: 753-4080, ext 3400 or moneyteacher@usuccu.org
Planning Ahead: Utah Retirement Systems Pre-Retirement Seminar comes to Logan on Thursday September 20, 9 a.m.-4 p.m. This seminar is designed for URS participants within 5 years of retirement. Free for members and spouses. Seminars fill quickly so register now: 800-753-7750 .
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.