Financial Education Classes
Our financial education courses and counseling sessions are designed to address disparities in savings and banking directly by changing student’s thinking and behavior around money.
Financial literacy is an essential and missing skill for most new immigrants to Maine, who often come from countries with cash-based economies and lack knowledge about the financial system in the United States. In our classes, we teach our students all about savings, budgeting, building a credit score, opening an account at a bank or credit union, how loans work, about different kinds of insurance and why they are needed or sometimes required, investments and how to save and pay for a car, house, or education.
Foundational education courses include Basic Money Management and Saving to Build Wealth.
Basic Money Management:
This 5-week class teaches how money works in America and gives you the tools and skills for managing your money so you can achieve your goals. When you take this course you will learn:
How to set financial goals and develop good spending habits
All about bank accounts! What are the different types of accounts and how to use them
Creating and following a budget: Learn best practices for saving and spending wisely
Building good credit—We’ll teach you how credit works and how to avoid getting into trouble
Yearly Schedule:
Monday Mornings: 10am - 12pm on ZOOM
Session 1: May 15th -June 12th
Session 2: June 26th - July 24th
Session 3: August 7th - September 4th
Session 4: September 18th - October 16th
Session 5: November 6th - December 4th
Thursday Afternoons: 2pm - 4pm on ZOOM
Session 1: April 20th - May 18th
Session 2: June 1st - June 29th
Session 3: July 13th - Aug 10th
Session 4: Aug 31st - Sep 28th
Session 5: Oct 12th - Nov 9th
Register for this Class!
*Class schedule is subject to change without notice. Please reach out to ProsperityME is you have questions about the schedule or registration.
Saving to Build Wealth:
Once you take Basic Money Management, the next step is learning how to turn the money you make into your American Dream. This course covers:
Make saving money in a separate bank account a routine and see how fast it can add up
Learn how to save for college and open a 529 college savings plan
We’ll explain how to begin investing; including mutual funds, bonds, equities and how they work
Retirement planning: Make sure you have enough money to live on later in life
Yearly Schedule:
TBA! We'll post the schedule here when its ready!
Register for this Class!
*Class schedule is subject to change without notice. Please reach out to ProsperityME is you have questions about the schedule or registration.
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