5 Takeaways From the Push Money Matters Financial Literacy Workshop

Last weekend, I made the trip from New Jersey to Harlem to attend the financial literacy workshop hosted by Rainbow PUSH Coalition and Chevrolet.  It was  held in Harlem and was well attended. I consider myself to be pretty financially savvy, but I still learned a lot.  The workshop was very informative. Here are some of the takeaways I walked away with:

Write Down Your Goals

Personal finance expert and money therapist Dominique Broadway believes that writing down your goals dramatically increases your chances of achieving them. When you write down your goals, you can create a roadmap to help get you there. Actually committing your goals to paper increases the likelihood that you’ll be successful.

Dominique Broadway

Don’t Close Those Credit Accounts

Speaker Bill Cheeks who is the President of ABBA Associates Inc. spoke about credit. He has an 850 credit score and dropped lots of knowledge on how to get there.  One piece of advice he gave was to never close your credit accounts.  This is because the age of a credit card account plays a huge factor in your credit score. Having a long, positive credit history helps to increase your credit score. Closing an older account can have a negative impact on your credit score.

Bill Cheeks

Everyone Needs a Board of Directors. 

Speaker Gail Perry-Mason who is Senior Director of Investments at Oppenheimer & Co., spoke about the importance of setting up your personal Board of Directors. These are people you can lean on to offer you advice, support and wisdom. A personal BOD is necessary because it’s hard to do everything on your own, but having good people around you who can support and advise you when you need it can lead you on your path to success.

Gail Perry-Mason

Don’t Wait to File For Financial Aid for College

Speaker Jessica Brown who is a Financial Aid Counselor at Howard University reminded us that all financial aid rewarding for college is done on a first come, first served basis.  If you procrastinate, you may not receive the aid you need.  Therefore making sure you get your applications in on time is very important and can be the difference between getting the aid you need and attending the college of your choice, to not being able to attend at all because funds are no longer available. 

Jessica Brown

Step Out of Your Comfort Zone

Valeisha Butterfield-Jones is the CEO of Women in Entertainment Empowerment Network (WEEN) and Head of Black Community Engagement at Google. She was very motivational.  She spoke about getting out of your comfort zone and leveraging what you have so that you can know when to pivot before they pivot you. Doing this allows you to breakthrough the barriers but also sustain them.

Want more? You can catch the full live stream here. You can also still catch a live event.

The PUSH Money Matters Workshop will be headed to the following cities next:

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If you’re interested in registering for the Money Matters workshop in one of theses cities, please visit: https://goo.gl/b5q2zR

This is a sponsored conversation written by me on behalf of Chevy . The opinions and text are all mine.

 

__________________________________________________________________________________________________________ Disclosure of Material Connection: Some of the links in the post above may be “affiliate links.” This means if you click on the link and purchase the item, I will receive an affiliate commission. I am disclosing this in accordance with the Federal Trade Commission’s 16 CFR, Part 255: “Guides Concerning the Use of Endorsements and Testimonials in Advertising.”

About the author

Diane

Diane is a New Jersey-based writer and blogger. She is a wife and the mom of a 13-year old boy. Through her blog, she wants to inspire moms to find Zen in their lives while offering practical tips and other valuable information to help families deal with everyday issues. Contact her at dianenassy@gmail.com

5 Takeaways From the Push Money Matters Financial Literacy Workshop

by Diane time to read: 3 min