NYUL Financial Connections Initiative
The NYUL - Serving the community since 1919
New York Urban League is one of 13 National Urban League affiliates who are part of the Financial Connections program collaboration with the Citi Foundation. Since inception, the goal of the NYC program is to offer free financial information to New York City adults who would like to have knowledge, tools, and skills, to be better equipped to successfully ’Manage Your Money Wisely’. By attending the series of four sessions of three hours each, offered once a week on weekday evenings or on Saturday afternoons participants are engaged in twelve hours of financial activities. By the end of the certificate series participants will have enough information to assist them in overcoming the following financial obstacles:
- Maintaining your checking and /or savings account: Minimizing payments of ATM fees
- Creating a realistic financial plan: Establishing and keeping a household budget
- Comfortably use other savings and investing products
- Realizing the importance of maintaining good credit and the impact on your credit score
- Avoiding accumulating unnecessary debt
- Repairing bad credit and changing past negative debt management behavior
SERIES TOPICS
I. Banking and Money Management [BMM]
Money in our Lives and how to maximize use of Financial Services
Checking Account Maintenance
Identify Goals to Create a Realistic Financial Plan
II. $$ Mgmt: Saving and Investing [MMSI]
Difference between Saving and Investing
Saving and Investing Products
Introduction to Investments and Financial Planning
III. Spending and Credit [SAC] ...(must attend I & II)
ABCs of Spending and Credit
Establishing / Maintaining Credit
Maintaining Credit
Credit Scores
Identity Theft
IV. The Credit Landscape [CL] ... (must attend I, II & III)
Expenses & Budgets
Managing Credit Challenges
Prime and Sub prime Lending
Bankruptcy – Updates
For more information about the Financial Connections Initiative, contact:
Diana Coleman, Financial Programs Director
New York Urban League
204 West 136th Street
New York NY 10030
(212) 926-8000 ext. 147
dcoleman@nyul.org
