Money Smart Week 2016

Bloomington-normal

Calendar of Events moneysmartweek.org

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MONEY SMART

Pantagraph, Friday, April 22, 2016

www.Pantagraph.com

Money Smart Week Kid Essay Contest Finalists Earlier this year, McLean County 6-8th graders were encouraged to write a 500 word essay on the following: Your family faces a medical emergency – due to this situation, your parent/guardian

Tanvi Shegaonkar Tanvi is a 7th grader at Chiddix Jr. High School. Science is her favorite subject because she loves to explore how things work. Tanvi is involved in Math Count, Team Quest, honors choir, drama, band and the junior zookeeper program.

cannot work temporarily. Your family does not have much savings and will need to find ways to adjust spending. Given these changed circumstances…

1. How could your family adjust spending?

Renee Schmidgall Renee is a 7th grader at Schmidgall Home School Academy and is our 2016 Money Smart Week kid. Her favorite subject is History because she enjoys reading stories about people and the things they have done throughout history. Renee enjoys piano, choir and 4H.

2. What action might you take to assist your family in this situation?

3. How can your family better prepare in the future for unexpected emergencies that have major financial impact?

Jacob Simpson Jacob is an 8th grader at TriValley Middle School. Social Studies is his favorite subject because of his enthusiasm for current events and world history. Jacob is president of his 4H club, a member of the Scholastic Bowl team, and in concert and jazz band.

The essays were intelligent, thoughtful and creative. Our community has many money smart kids! Congratulations to all who entered the contest to compete for scholarships. The finalists are…

Thomas Lehr Thomas is a 7th grader at Kingsley Junior High School.

His favorite subjects are Math and Science; he enjoys the challenge of complex problem solving and doing experiments to see how things work. Thomas is a wrestler and cross country runner, a member of 4H, and in jazz band.

Tate Roberts Tate is a 6th grader at Parkside Junior High School. He loves to learn all subjects, but his favorite is Social Studies because he likes to learn about history and different civilizations. Tate is a competitive swimmer, cross-country runner, Boy Scout, and plays piano and viola.

Banking on Our Youth Invest in your child’s future with Busey’s MoneySmart Youth Program.

Learning how to manage money and make responsible decisions at an early age is important for the future of our children. In fact, research shows young people determine their attitude about handling money by the time they finish fifth grade. Busey invites the community to utilize our MoneySmart Youth video and game resources on busey.com.

busey.com

309.661.8700 Member FDIC

MONEY SMART

www.Pantagraph.com

Pantagraph, Friday, April 22, 2016

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What is Money Smart Week?

“A penny saved is a penny earned” is often attributed to Benjamin Franklin though he never said it. What he did say, however, is that “an investment in knowledge pays the best interest.”

That’s the premise behind Money Smart Week. While investing some of your time in topics that have meaning to your life, you can reap financial rewards in applying the knowledge you have gained.

Money Smart Week, April 23-30, is a national public awareness campaign coordinated by the Federal Reserve Bank of Chicago to help individuals and families better manage their personal finances. Bloomington-Normal hosts more than 75 free classes on different dates, times and locations to fit into your busy schedule.

Pick a topic….almost any topic, and

we have classes to fit your needs. Want to learn how to combat rising food costs? Check! Need to get your credit reports in order? Check! How about finding money for education? Check!

We have classes for kids and for adults teaching personal finance to kids.

Want to buy or sell a house? We’ve got you covered. Want to learn about wills, trusts, funeral pre-planning and estate planning? Super! Join our classes!

All classes are free and taught by professionals, and your neighbors, in McLean County. These aren’t sales pitches – they are truly educational opportunities created just for you.

Classes are clustered at several different locations so you can effortlessly attend as many classes as you would like. Some classes will be repeated at various times for your convenience. In-

ReseRve YouR space TodaY! PantagraPh Parking Lot SaLe

vesting your time in financial knowledge has never been cheaper or easier!

Money Smart Week takes a lot of planning to create programs that are timely and informative. We’d like to extend a heartfelt thank you to all the Money Smart Week partners and sponsors.

Eleanor Roosevelt said, “It takes as much energy to wish as it does to plan.”

Transform your money wishes into reality. Review this calendar, choose classes to attend, bring a friend and spread the word.

For additional updates, like us on Facebook at MoneySmartWeekBN and follow us on Twitter @MSWBloNo. See you at Money Smart Week!

Pam Atkinson pratkins@illinois.edu 309-663-8306 Money Smart Week Bloomington- Normal Chairperson Melissa Libert melissa.libert@countryfinancial.com 309821-4363 Money Smart Week Bloomington-Normal Co-chairperson www.moneysmartweek.org Money Smart Week is a registered service mark of the Federal Reserve Bank of Chicago. The Federal Reserve Bank of Chicago does not endorse or sponsor any non-Federal Reserve Bank-related entities and/or their products and services mentioned herein. This publication is brought to you by the Money Smart Week partners of Bloomington-Normal.

Money Smart

Kids Read

Saturday, May 7 (rain date May 14) 7:30 a.m. to 1 p.m.

Pantagraph Parking Lot Sale

Pantagraph parking lot, Downtown Bloomington

reserve your booth now.

Call Donny Braun at 309-820-3213 or email him at dbraun@pantagraph.com

To subscribe go to Pantagraph.com/Subscribe or call 1-855-264-2511

You get • One 10x10 booth space • One 8’ table • Two chairs • Thousands of dollars of promotion • Only $60

Kids 3 & up join us Saturday, April 23 at 10:00 am at the following locations for a reading of Start Saving, Henry: • Bloomington Public Library • Towanda District Library First 15 kids get a free copy of the book and a goody bag

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MONEY SMART

Pantagraph, Friday, April 22, 2016

Date/Time Program Title

Venue

www.Pantagraph.com

Description

Saturday, April 23, 2016 10:00 AM

10 Steps to Financial Freedom: Making the Change

Bloomington Public Library

Learn how to manage finances, eliminate debt, set financial goals, and save for the future through budgeting, investing, and finding your money view.

10:00 AM

Money Smart Kids Read storytime and activity for kids 3 and up

Bloomington Public Library

Have fun with money! The session includes a story, activity and take home items.

10:00 AM

Money Smart Kids Read storytime and activity for kids 3 and up

Towanda District Library

Have fun with money! The session includes a story, activity and take home items.

10:00 AM

Tips to Organize Your Records Now, Before Others Need Them

IWU Center for Natural Resources

Come learn how to make a Grab and Go book to organize your personal, home and financial records. Helpful for you now and your family later.

Sunday, April 24, 2016 01:30 PM

Critical Changes to Social Security: Advanced Planning for 2016.

Normal Public Library

Learn new SS rules and time limit strategies for 2016. Discuss factors on when best to take SS Benefits and how to earn thousands in add’l SS income.

01:30 PM

From House Hunter to Homeowner - Step by Step Strategy to Buying a Home

Bloomington Public Library

Learn about the home buying process from qualifying for grants and loans, to finding the perfect home and moving in.

03:00 PM

Ways to Make more Money at Your Garage Sale

Bloomington Public Library

Suggestions for pricing, planning, promoting and organizing for a successful garage sale.

Monday, April 25, 2016 9:00 AM

Where Will I Live When I Grow Up? Exploring Housing Options as we age.

St John’s Lutheran Church

Some plan of aging in place, some of active communities. Most don’t plan for when needs change. Learn the questions to ask to create your plan.

9:15 AM

The Five Advantages of Funeral Pre-Planning

McLean County YWCA

This fun and informative seminar will answer questions pertaining to funeral pre-planning and the family and financial benefits associated with it.

12:00 PM

Estate Planning for Families Facing Catastrophic Illness: Being Informed

O.S.F. - Center for Healthy Lifestyles

Discuss wills, trusts, and strategies such as Lifetime Giving Exclusions to minimize taxes while managing assets during times of critical illness.

12:15 PM

Why Is My Credit Score What It Is

YWCA

Learn how credit scores are developed and steps you can take to improve yours and why credit bureau reports are so important to your score.

01:45 PM

Financial Wellness--10 Steps to Improve My Overall Financial Wellness

YWCA

Reviewing 10 Steps we all need to take to improve our personal financial wellness.

03:00 PM

Cutting Meal Time Prep and Costs with 5 Ingredients or Less

Towanda District Library

Learn what ingredients lend themselves to simple prep, watch cooking demos and sample foods, and take home budget-friendly recipes.

03:15 PM

To Your Credit

YWCA

The To Your Credit module teaches participants how to read a credit report, and how to build and or repair their credit history.

04:45 PM

Parents, Kids & Money Matters

Calvary United Methodist Church

Workshop designed for parents and kids ages 6-10 to explore: values, stewardship and how to share, save and spend their money.

06:00 PM

Guide To Retirement, Preparing for and Living in Retirement.

Avanti’s on Empire

Key factors to prepare for retirement and how to help make your money last throughout retirement.

06:00 PM

Tips for Lowering Medicare Drug & Health Insurance Costs

Calvary United Methodist Church

Points to consider to help lower costs for health and drug insurance that goes with Medicare. PATH Medicare Counseling offers unbiased info-education

07:00 PM

Cool Cash Adventure

Normal Public Library

Learn how to manage your money carefully with this choose your own adventure style presentation. Ideal for ages 10-14.

07:15 PM

Understanding the Procedures Required in the Probating of Your Will

Calvary United Methodist Church

Learn about the processes in probating your will.

Tuesday, April 26, 2016 9:00 AM

I Want To See My Credit Bureau Report

BLM Housing Authority--Woodhill Towers

Participants will be able to obtain their credit bureau report through annualcreditreport.com and review it and learn how to correct any errors.

9:00 AM

Cooking From What’s on Hand

University of Illinois Extension

Learn how to maximize your pantry to make cooking from your kitchen easier and healthier. Watch cooking demonstrations and take home recipes!

9:00 AM

Yes, You can Save Money on Food, Here’s How

Woodhill Towers

Find bargains, how to save money and get the most nutritional value for the dollar. Food samples and easy recipes will be shared.

10:30 AM

Job Seekers, Gain the competitive edge

University of Illinois Extension

Resume Building, Interview Tips and More

12:00 PM

What happens after the Paychecks stop, a retirement income primer

University of Illinois Extension

Examine how to budget for retirement expenses, potential sources of retirement income, potential risks, such as LTC and Health Care costs.

01:30 PM

Planning for Incapacity: The Power of Attorney and Revocable Living Trust

University of Illinois Extension

This seminar explains the different options you have to make sure you are taken care of in the event you are no longer able to take care of yourself.

03:00 PM

Who Gets Grandma’s Yellow Pie Plate?

University of Illinois Extension

This workshop will help families communicate, make decisions, and lessen conflict over personal belongings that have special meaning.

04:30 PM

Mutual Fund Expenses-”What do I pay and what do I get for my money?”

University of Illinois Extension

Mutual fund investors incur expenses that are often difficult to identify and isolate. Presentation covers the most common expenses and their ranges.

05:30 PM

Social Security 101: Understanding Benefits and Weighing Options

O.S.F. - Center for Healthy Lifestyles

Learn to optimize and calculate SS benefits, advantages to applying for SS benefits after full retirement and critical changes to SS in April 2016.

06:00 PM

Ready to sell your home? This is your action plan...

University of Illinois Extension

Get your market-ready action plan in place. Follow our home selling strategy and be well on your way to jump-starting your next move.

07:30 PM

Using What You Have to Create a Container Garden to Save Money

University of Illinois Extension

Learn to re-purpose plants and containers for low cost container gardens. Tips on planting, plant combinations, and design will be included.

Wednesday, April 27, 2016 9:30 AM

New Financial You by Office of Comptroller Leslie Geissler Munger

Bloomington Public Library

Explore new budgeting techniques and ways to cut costs.Consider the impact of credit. Look at the difference between a credit report and credit score.

10:00 AM

Stories from 40 Years of Helping People Plan their Estates

St John’s Lutheran Church

Stories that highlight some of the problems in estate planning that if not addressed can sometimes create problems for the heirs.

10:00 AM

Charitable Gift Annuities: supporting your favorite charities and you, too!

Westminster Village

Learn about this popular and easy tool for turning low interest assets into higher income for you, and an estate gift for your favorite charities.

10:00 AM

Living Healthy and Well on a College Student’s Budget

Illinois State University, Turner Hall

Stations for college students to learn how to make healthy on the go snacks, repurpose clothes and every day materials, and make a stress reliever.

11:00 AM

Id Theft, Scams and Fraud by Office of Comptroller Leslie Munger

Bloomington Public Library

Learn how to protect yourself and your information against theft. Address any concerns you might have and look at ways identities are stolen.

www.Pantagraph.com

MONEY SMART

Pantagraph, Friday, April 22, 2016

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Date/Time Program Title

Venue

Description

11:00 AM

Charitable Remainder Trusts: unique support for charities, income for you!

Westminster Village

This unique charitable planning tool allows you to give appreciated assets without paying capital gains tax, get a deduction, and receive income.

12:30 PM

Save Money at your Home or Business with a Do-It-Yourself Energy Audit

Bloomington Public Library

Covers the common “Energy Hogs” in a home or business, and what one can do to save money by improving lighting, HVAC, water heating and plug loads.

01:30 PM

Illinois Probate: What is Probate and the Strategies to Avoid It

Heartland Community Collge, WDC 1403

This seminar will give an overview of the probate process, and more importantly, present various ways that an estate can be set up to avoid probate.

02:00 PM

What Does a Healthy Diet Look Like?

Bloomington Public Library

With new 2015 Dietary Guidelines, most of us are confused about what to eat and what to limit. Learn how to choose nutritious foods for your health.

02:00 PM

Understanding Life Insurance

McLean County Chamber of Commerce

Learn the basics of life insurance regarding the types, benefits and strategies.

03:00 PM

Too Good to be True: Preventing Fraud, Scams, Crimes Targeting Older Adults

Normal Public Library

An overview of common scams and fraud being committed and common sense techniques to help protect yourself from falling victim.

03:30 PM

Credit Building Basics

Bloomington Public Library

This class will teach you the basics on how to build, manage, and repair your credit. Looking at credit security and the benefits of a fresh start.

05:00 PM

Roth IRAs: Retirement can be less taxing

Bloomington Public Library

Covers differences between traditional and Roth IRAs, and whether converting from a traditional IRA to a Roth IRA makes sense for you.

06:00 PM

Yes, You Can Save Money on Food, Here’s How

Labyrinth House

Find bargains, how to save money and get the most nutritional value for the dollar.

06:30 PM

10 At A Time - Meal Planning

Bloomington Public Library

Are you ever overwhelmed by planning meals? Want to save money by eating at home? Learn how to save time and money by planning 10 meals at a time.

Thursday, April 28, 2016 9:00 AM

Expect the Unexpected: The Basics of Health Insurance

Heartland Community College, WDC 1400

Overview of how health insurance works, the different types of plans available, and also answer questions about healthcare reform.

9:00 AM

Public Shred Day and Identity Protection Event

PNC Bank at Veterans Parkway and Shepard

Bring your documents that need to be destroyed. Stay long enough to browse info and talk to experts about avoiding identity theft and other scams.

10:00 AM

Long-Term Care: What Is Your Plan?

Heartland Community College, WDC 1402

This seminar is ideal for those age 50 and up and will discuss the tools available to plan for the possible costs associated with long-term care.

10:00 AM

Identity Protection Event - Frauds and Scams, Beware!

PNC Bank at Veterans Parkway and Shepard

The Normal Police Department will be leading this discussion. Ways to keep your identity safe, what to avoid, what to do if your identity is stolen.

12:00 PM

Identity Fraud and How to Safeguard Against It

Heartland Community College, WDC 1402

Learn about the real world threat of identity theft, how to resolve the problems caused and what you can do to better protect yourself from it!

01:00 PM

How Much Money Can Public Transit Save Me?

Heartland Community College, WDC 1403

Connect Transit explains the value in riding public transit, and how it can save you money as well as benefit the environment

01:00 PM

Finding Value in the Meat Department

Schnuck’s - Bloomington

Learn about the cuts of meat, which are less expensive and how to purchase quantities of meat to avoid waste.

02:00 PM

“How to Establish an Endowed Scholarship for You or Your Organization”

Illinois State University Alumni Center

This class will cover what is an endowment, how do they work, and why are they important.

05:00 PM

Investing & Risk: What do you really need to know?

Heartland Community College, WDC 1405

This is an overview of investing basics highlighting risk and behavioral biases.

05:00 PM

Retire Wisely

Heartland Community College, WDC 1403

Learn how to manage risks all retirees face including outliving income, inflation, market volatility and more.

05:30 PM

Identity Fraud and How to Safeguard Against It

Heartland Community College, WDC 1402

Learn about the real world threat of identity theft, how to resolve the problems caused and what you can do to better protect yourself from it!

06:00 PM

From Me to We

Heartland Community College, WDC 1403

Workshop designed to help newly married or soon-to-be married couples establish a strong financial foundation for their marriage.

06:30 PM

Managing your reputation on Social Media

Bloomington Public Library

This workshop looks at how you can maximize your marketing reach and control the exposure to treats on your reputation and negative comments.

06:30 PM

Intro to the Revocable Living Trust: Is a Trust Right for your Estate Plan?

IWU, Center for Natural Sciences

A Trust is a powerful estate planning tool. At this seminar you will learn what a Revocable Living Trust is and if one if right for your estate plan.

Friday, April 29, 2016 9:00 AM

Essentials of Funding your Small Business.

Heartland Community College, WDC 1402

We will examine the full range of funding sources with the pros and cons of each form including bank, credit union, non-secured, and Crowd Funding.

10:00 AM

Community Foundations help you save on your taxes and grow your community.

Westminster Village

At the Illinois Prairie Community Foundation we connect people who care with causes that matter. We build the community and help folks save on taxes.

10:00 AM

Long Term Care Insurance Planning

Heartland Community College, WDC 1400

Learn about the different ways to pay for long term care insurance. Plan now so you can have options later.

11:00 AM

Government Contracting: doing Business with the Government.

Heartland Community College, WDC 1402

Governments represent a significant source of business for your products and service.They even have incentives and preferences. Learn what it takes.

12:00 PM

Planning for Equal or Fair Transfer of your Assets

Heartland Community College, WDC 1400

Build a plan to transfer your assets to the people or organizations you choose for Business Succession, Farm Ownership, Blended Families or Charity.

01:00 PM

Buying an Existing Business

Heartland Community College, WDC 1402

This presentation is for anyone thinking about buying a business. We will explore Goals, Price, Due Diligence and Terms.

01:00 PM

What Happens After the Paychecks Stop? A Retirement Income Primer Seminar

Heartland Community College, WDC 1403

Examine how to budget for retirement expenses, potential sources of retirement income and potential risks such as LTC and health care costs

02:30 PM

Maximizing Business Value

Heartland Community College, WDC 1402

This presentation is designed to show owners who will be retiring in 5 to 10 years a how to maximize the value of their business and exit in style.

04:00 PM

Home Buyer's Seminar

Heartland Community College, WDC 1403

Is 2016 the year you become a home owner? Not sure where to start or who to talk to? Attend our seminar to get started.

Saturday, April 30, 2016 9:30 AM

Beyond Social Media - Introduction to Content Marketing

U.S. Bank - Eastland Dr.

How to find, develop and distribute content to a firm’s target market via social media, and other digital channels to increase your local business.

11:00 AM

Conquering Credit: The Do’s and Don’ts of Keeping Your Credit Squeaky Clean

U.S. Bank - Eastland Dr.

In the seminar, you will learn what a FICO score is, how to establish a solid credit history, what to do when credit turns bad & identity theft

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Pantagraph, Friday, April 22, 2016

MONEY SMART

www.Pantagraph.com

2016 Money Smart Week Partners Advocate Bromenn Bloomington Public Library Busey Bank Calvert Funeral Homes Central Illinois SCORE Chestnut Credit Counseling Services City of Bloomington Connect Transit COUNTRY Financial Department of Family and Consumer Sciences, Illinois State University DLW Planning Inc. Douglass Financial Services Ecology Action Center Edward Jones Food Stuff Inc. Forward Financial Planning LLC Foundation for Financial Education (F3E) Hartweg, Turner, Wood and DeVary, P.C.

Heartland Bank Heartland Community College Housing Authority of Bloomington Illinois Office of Comptroller Leslie Munger Illinois Prairie Community Foundation Illinois State University Julie Gizzi, Pampered Chef Macaroni Kid Bloomington-Normal Marine Bank Mayo Clinic McBeath Financial Group MCCA McLean County Chamber of Commerce Mid-Illini Credit Union New York Life Insurance Normal Public Library PATH-Senior Health Insurance Program PNC Radio Bloomington

REMAX Rising Ritchie Law Firm Schnucks Sonja Reece Soy Capital Bank State Farm Bank The Pantagraph Thrivent Financial Towanda District Library Town of Normal University of Illinois Extension US Bank WEEK TV WGLT WHOI TV Woodforest National Bank YWCA of McLean County

working together makes a community better.

PNC supports those who serve the common good of their community. That’s why we’re proud to be a part of this amazing group. Making a difference every day. That’s what we believe in!

©2016 The PNC Financial Services Group, Inc. All rights reserved. PNC Bank, National Association. Member FDIC

www.Pantagraph.com

MONEY SMART

Pantagraph, Friday, April 22, 2016

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Random acts of niceness in Central Illinois

Share your stories of positivity in Central Illinois.

From random acts of kindness, to a heartwarming sight, to unplanned generousity.

Visit PANTAGRAPH.COM/BNSPIRED

DENNIS KAGEL FINANCIAL SERVICES BUILDING AND PRESERVING YOUR WEALTH 321 SUSAN DRIVE, STE. A NORMAL, IL 61761 PHONE: 309-454-9171

Insurance products offered through Dennis Kagel Financial Services.

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Pantagraph, Friday, April 22, 2016

MONEY SMART

www.Pantagraph.com

THANK YOU TO THE SPONSORS OF MONEY SMART WEEK

Mid-Illini Credit Union is a proud partner of Money Smart Week Illinois.

MICU is proud to host three classes during Money Smart Week 2016. Please join us!

Wednesday, April 27 • 3:30-4:30 pm • Bloomington Public Library Credit Building Basics, presented by Grace Nichols Learn how to rebuild your credit and increase your credit score.

Acquire the knowledge to improve your credit through proper money management!

Grace Nichols Loan Officer

Thursday, April 28 at Heartland Community College Workforce Development Center (WDC) Room 1402 2 sessions: Noon-1 pm and 5:30-6:30 pm Identity Protection and Fraud Resolution presented by Cranston Sparks

Identity Theft is the fastest growing crime in America, claiming over 10 million new victims every year. Think it can’t happen to you? Maybe it already has!

Learn how to protect yourself and your family in this fast-paced, informative session.

PO Box 1266, Bloomington, IL 61702 | www.midillinicu.com

Cranston Sparks, CCUFC Certified Credit Union Financial Counselor