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Plan Well, Retire Well

Saving and investing your money

Do You Know It All?


Learning about finances never stops.When we're teenagers we tend to focus on spending money – and we're busy learning about checking and savings accounts. As young adults we learn more about using credit wisely for large purchases such as cars and homes. Time passes and a need to understand insurance, job benefits, and investments becomes evident. And at middle-age – when you wish you knew all that you needed to know – new issues such as refinancing and maintaining homes as well as retirement planning demand new knowledge. As we continue to age, other topics become relevant.

Information is empowering. A recent report from the Center for Retirement Research found that customized financial information inspired workers who had lost 10% of their retirement assets during a market downturn to delay retirement, increase savings, or both. In other words, educational information helped workers take steps to improve their financial situation. Are there steps that you need to be taking?

Money Smart Week, April 2-9th, is your chance to improve your financial situation with free, informative presentations and workshops. Coordinated by the Federal Reserve Bank of Chicago and its many Money Smart Week partners, Money Smart Week is designed to educate consumers about money management and create awareness of financial education programs on a wide range of topics such as budgeting, saving and using credit wisely.

In many Illinois communities Money Smart Week will kick-off Saturday, April 2 at 10:00 a.m. with Money Smart Kids Read at local libraries. This special hour will include a story, activity and take home items for children ages 3 and up. Check to see if your local library has a program planned.

Over 1000 informative events will be held across Illinois during Money Smart Week. Which one will you attend to improve your financial knowledge? Check the searchable, online calendar of events for Chicago and for the rest of Illinios for additional information about events in a community near you.



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No bad :), it's interesting, to in the future ...
by diamHaikimb diamHaikimb on Saturday 5/28/2011

Thank you for your feedback!
by Kathy Sweedler on Wednesday 6/1/2011