From Purses to Portfolios: Delaware Women Take Charge of Their Money
“For Women, About Women, & By Women and the Men in their lives!”
From Purses to Portfolios was a free conference presented by the Delaware Financial Literacy Institute and supported by Citi Foundation. This was the 5th year of the conference which empowers women to take charge of their financial future. Several years ago hubby and I attended a free financial program sponsored by The Money School of Delaware and the presenter was Alisha Adams, from Primerica Financial Services. She later became our financial adviser and I attended other free events, however, this was the first time at the all-day conference.
Arriving early Saturday morning waiting outside for the 8:30 opening, I stood in line and socialized with a variety of women all there with a common goal – to become more financially literate. Upon entering we received a program, a name badge, two tickets for lunch/beverages and a cute pink leopard print tote in exchange for completing a demographics survey form. After having a cup of coffee and muffin, I walked up and down “Women’s Biz Boulevard” checking out the vendors, filling out forms, taking pictures and exchanging business cards. Later on I met up with my girlfriends and we walked, talked, and then attended the opening session with the key note speaker Mary Caraccioli, The Money Confidante. State Treasure, Chip Flowers and New Castle County President, Tom Kovach spoke for a few minutes as did Governor Jack Markell who almost didn’t make it due to state preparations for Hurricane Sandy.
There were four seminars from which to choose for the morning and afternoon sessions. We chose, Perfect Credit:7 Steps to a Great Credit Rating. Lynnette Khalfani-Cox, a personal financial expert and a NY Times bestseller talked about credit; credit repair; credit scores; rules and regulations; how credit scores affect interest rates on loans as well as insurance rates; jobs and employment. The seminar was very informative and there was ample time for audience questions.
For perfect credit follow these 7 rules:
PULL your credit report regularly EXAMINE your credit report carefully REDUCE debt and manage bills wisely FIX errors to protect your credit ENHANCE credit file regularly CONTACT creditors and negotiate TAKE time educate yourself and reevaluate
Bag lunches were provided and the choices were either a Turkey Sandwich or Vegetarian Wrap, both included a packaged cookie and apple, I chose the wrap which was fresh and delicious!
After lunch we walked “Women’s Biz Boulevard” gathering information from the FAB exhibitors, stopping to test products, enter drawings and purchase raffle tickets.
The afternoon session began at 2:00, and we chose to attend “Retirement:Never Too Early, Never Too Late” sponsored by AARP, and presented by Jean Setzfand, VP of Financial Security. I learned more about retirement funds as well as Social Security benefits and of making wise financial decisions that will affect me in my golden years. I also learned that AARP uses Linkedin to identify and promote the best companies for it’s members, currently at 152. I will definitely enroll the next time I get the application in the mail – lol!
The day ended with a Recognition Ceremony, Closing Remarks and Door Prizes which included items donated by Big Fish Grill; Brew HaHa; Citi; Delaware Art Museum; Hagley Museum; Star Nails & Spa; Trader Joe’s and WAWA as well as new Michael Kors and Coach purses provided by Mrs. Carper and First Lady Markell. None of us won a door prize, however, we did win additional knowledge that will assist in making wise financial decisions and having me think twice before purchasing that next pair of shoes!
Thank you Delaware for a great “Girlfriend Day Out” and I look forward to the 2013 Conference.