July 2006 Newsletter
Copies of The Millionaire Next Door and related books will be given away to women who bring a new participant with them on Wednesday.
FPW meets 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).
August 9: Am I on track for a comfortable retirement ? How much to invest for retirement using the Ballpark Estimate.
September 13: Taking the Mystery out of Retirement Planning
October 11: Stretching Your Dollar (tentative)
November 8: Getting off the Consumer Escalator. DVD featuring Juliet Schor, author of The Overspent American , followed by discussion. If you have suggestions for topics please email: email@example.com
Thanks to the following women who serve on the FPW Advisory Board: Lola Bolton, Valerie Byrnes, Susan Haddock, Rae Ann Hart, Dena Larsen, Chris Lord, Norma Mann, & Visnja Taylor
The role of the Advisory Board is to help determine program topics and to provide ideas on how to promote FPW. In the coming months the Advisory Board members will be introduced in alphabetical order.
I have a Bachelor in Social Work with a minor in FCHD. I am currently enrolled in an online program to achieve the Kansas State University's Graduate Certificate Program in Academic Advising. I have worked at the University for twelve years now as an Academic Advisor. The first 10 years were in the Department of Biology working with the Pre-health students. The last two years I have been in the student center in the new Advising Center (University Advising and Transfer Services) working with the undeclared students. Among my many roles in the advising center, I also teach an eight week Connections class fall and spring semesters. I have been attending the Financial Planning for Women for many years now. I am in a position in life where I am really thinking about retirement monies and enjoy all the help I can get to find out what I should be doing. My husband & I own our own business in Richmond which has placed many demands on our time. But I do all the bookkeeping and learned a lot in the last five years in how to start a business in Utah, paying taxes, etc.
Each month FPW will provide incentives for women affiliated with each of the seven colleges to attend FPW. Starting with July, which is College of Agriculture month, we will proceed in alphabetical order. Affiliation means you work for the college, graduated from, are a student in the college or are spouse/partner of an affiliate. So everyone affiliated with the College of Ag will receive a "Paycheck Power Booster Calculator" if they attend the July FPW. August is College of Business month. Come and bring your colleagues.
Are you receiving a raise in your next paycheck? Consider using that extra money to pay down consumer debt or save/invest for an important goal. If you don't plan, that extra money will just disappear. At the same time, you may want to adjust your income tax withholding if you received a large refund. By reducing the amount you have withheld you can channel that "extra" money into an automatic monthly saving/investing plan or use the money to pay down consumer debt or a home equity line of credit. Use this tax withholding calculator to fine tune your W-4 withholding:
Definition of KIPPERS: kids in parents' pocket eroding retirement savings; after awhile they begin to stink. (Referring to adult children living at home and/or still financially dependent on parents. Send $ jokes or humor to: firstname.lastname@example.org
Housing and Financial Counseling (USU Family Life Center) workshops:
July 8 (Saturday): Homeownership workshop 8:30-4:30 (registration required)
Call 797-7430 to register. Details and upcoming workshops at: http://www.usu.edu/fchd/hfc_workshops.pdf
Smart Money education series for teenagers 14-18 years: Basic Money Management
Wed. July 19, 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 email@example.com
Counseling sessions cost $5 for first session with sliding scale charges based on family income and family size for subsequent counseling sessions.