NEWARK, NJ – United Way of Greater Newark, organizer of the Newark Asset Building Coalition, worked with six partners to host four free financial literacy workshops as part of a four-week series in September.
The four seminars cover student loans and reducing the price of education, a dive into life insurance, qualifying and applying for home energy assistance, and an introduction to the investment.
This free financial literacy partnership series, funded by Capital One, coincides with United Way of Greater Newark’s mission to disrupt the cycle of poverty by convening, collaborating and investing in strategies to improve outcomes for children and adults. families, and the Newark Asset Building The Coalition’s goal is to promote the well-being and financial stability of all Newark residents by increasing savings, reducing debt, increasing financial knowledge and skills, and improving access to wealth creation programs.
Those interested in participating in the rest of the series can register online at bit.ly/NABCEndBed. All classes will be held Thursday evenings from 6-8 p.m. at the Early Learning Center, 30 Demarest St. in Newark, and will also be offered virtually.
“Together with our partners at the Newark Asset Building Coalition, we are empowering residents of greater Newark to chart a path to financial stability by streamlining key financial services and programs,” said Catherine Wilson, President and Chief Financial Officer. direction of United Way of Greater Newark. “Hosting programs like the Financial Literacy Partnership Series is essential to providing the tools needed to guide community members towards making positive and sustainable financial decisions. »
United Way partners with New Jersey Citizen Action, The Ironbound Community Corp., New Jersey Institute for Social Justice, Newark Alliance, La Casa De Don Pedro, Greater Newark LISC, Urban League of Essex County, New Community Corp. and Clinton Hill Community Action to form the Newark Asset Building Coalition.
“It’s crucial to demystify financial topics that can seem so heavy and difficult to understand, and our NABC partners are able to do this in an accessible and even fun way,” said Danielle Corea-Smith, Director of Financial Stability. of United Way of Greater Newark. said. “We encourage everyone to come and get free financial wellness tools and advice, and learn how to dive deeper into any of these topics following this series.”
The series kicked off on Thursday, September 8 with its first workshop “The Price of Education, Reducing Student Loan Debt”. The hybrid session served 83 people both virtually and in person.
The third session will take place on Thursday, September 22 and will explore saving money through home energy assistance. The series concludes with its “Investing 101” class on Thursday, September 29.