Money management class geared to women over 65 Course covers organization, goals

April 14, 1993|By Greg Tasker ((TC | Greg Tasker ((TC,Staff Writer

With retirement just a few years away, Ann Allen decided she should know more about managing money and planning for life after 65. So the Westminster resident enrolled in a financial planning course for women.

"I got a tremendous amount of help out of the course," said Ms. Allen, who is coordinator of senior information and assistance in the county's Bureau of Aging.

"I learned the language of finance, the importance of keeping records accurately and that it's necessary to ask [financial] questions."

The seven-week course, "Women Take Charge of Your Money," will be offered again this year, beginning tomorrow at the Cooperative Extension Service office, 700 Agricultural Lane, Westminster.

"The course is meant to help women in mid-life or older in handling their financial affairs," said Helen Totura, a volunteer coordinator for the program.

"Traditionally, women do not handle finances -- men do. Many people find they are not prepared to handle finances when their spouse dies."

Ms. Totura said the course will cover everything from getting financially organized and setting goals to managing accounts and the dos and don'ts of credit cards.

Other sessions will offer guidelines for investing for retirement and how to find professional financial help.

Financial planners, home economists and bankers will conduct the hourlong sessions.

Volunteers will lead group discussions before and after the sessions, she said.

Refreshments also will be served.

Each session begins at 6 p.m. Group discussions will be held at 4:30 p.m. and 7:30 p.m.

The cost is $20, which includes a workbook.

The courses are sponsored by the Carroll County Association for Family and Community Education and Carroll Community College, and are open to the public.

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