The past few months have challenged the financial wisdom of even the smartest planners, and struck terror in the hearts of nervous consumers who can’t pay their bills. Maybe it used to be that any calls you got from debt collectors were prerecorded junk calls that weren’t intended for you, but now it’s the real thing. Maybe you’re being threatened with foreclosure. And even if everything’s fine, there’s a lot to worry about, and as we all know, high finance isn’t easy to understand.
Well, we’re all in luck, because this week is Money Smart Week in Chicago, and a series of free classes are available to help consumers.
Joining Don this morning was one of the presenters, Ed Sanchez from Fresh Start Forms. He had some suggestions for people facing foreclosure.Sanchez will be holding seminars tonight, Thursday and Saturday. You can find out more by clicking the links below:
Information From Fresh Start Forms More About Money Smart WeekAlso this morning, we got some advice on financial planning for teens, from setting up savings to looking for summer jobs.
Joining Roseanne were Liz Thompson of the Economic Awareness Council, Chicago Military Academy freshman TaShawn Tyus, and Hyde Park Career Academy senior Manoucheka Airey, who publish a teen finance magazine called, ‘On the Money.’ More From The Economic Awareness Council Finally, Don was joined by Karen Chan, a consumer and family economics investor from the University of Illinois extension, with some advice for the average investor. More About Karen Chan And The Extension OfficeAnd for a little bonus, here’s some financial advice especially for kids. Yes, it is from December 1983, and obviously, a lot has changed since then – the Museum of Science and Industry exhibit they show has been closed for several years. But all the basics still apply, so why not gather the kids around and watch it.
Here it is, a CBS 2 special – Money: It Doesn’t Grow on Trees, with former CBS 2 Financial Analyst Terry Savage
