FINANCIAL OPPORTUNITY CENTER
Financial stability empowers families and builds stronger communities.
It is essential that individuals and families be able to make informed financial decisions to weather trying economic times and to plan for the future.
The Urban League of Essex County has been providing financial capability education and coaching to individuals and families for more than five years. The goal of ULEC’s financial capability program is to provide fundamental knowledge of financial staples such as best practices, credit-building initiatives, saving incentive programs, debt management and promote economic stability among the low-to-moderate income households. Financial coaches facilitate this process through workshops, seminars and one-on-one individualized client-driven sessions.
The Financial Opportunity Center has helped over 500 participants create financial goals, build better banking habits, increase net worth, establish and build credit knowledge and scores in preparation for retirement. Participants of financial literacy classes build portfolios rich with goals and priorities for building their futures. To date, more than 4,000 residents and 800 students have received this invaluable training.
For more information, or to get started on your own financial empowerment plan, please contact:
Gavin Taylor
Director, Financial Opportunity Center
973-624-9535 x275
Email
Tanya Matthews
Financial Coach
973-624-9535 x273
Email
FREE URBAN LEAGUE WORKSHOPS + SEMINARS
3-4pm EST
Meeting ID: 818 9768 9347
Passcode: 361333
PRUDENTIAL PATHWAYS FINANCIAL WELLNESS SERIES
We hear every day that many Americans are not financially prepared for their future. People find the financial planning process overwhelming and they don’t know where to begin.
Thanks to our partnership with Prudential Financial, the Urban League of Essex County is pleased to offer our "friends and family" a financial wellness educational series through Prudential PathwaysSM. Typically only offered to employees, Prudential PathwaysSM will provide practical, down-to-earth information that may help you and your family today, tomorrow, and beyond. It is designed to give you an understanding of the fundamentals of financial wellness through educational seminars.
We encourage you to attend all monthly seminars in the 2024 series:
Note: all seminars require registration and are held on Wednesdays.
FEBRUARY 2024
Creating Black Wealth: The Pursuit of Being Financially Free
February 7th from 1-2pm EST (In-person @ 506 Central Avenue, Newark, NJ)
Financial freedom starts with the right tools and embracing a money mindset to build wealth. These financial building blocks include: budgeting, understanding debt, saving, investing and legacy planning.
MARCH 2024
Prudential Pathways: A Financial Wellness Series
March 6, 13, & 20 from 1-2pm EST (via Zoom)
A 3-part series of engaging financial wellness seminars. These easy-to-understand seminars are designed to teach attendees how to best manage their financial house in all areas related to financial wellness.
APRIL 2024
Fundamentals of Wills, Trusts, & Powers of Attorney
April 10th from 10-11am EST (In-person @ 506 Central Avenue, Newark, NJ)
In this session, we will discuss best practices for ensuring your assets are distributed as you wish and to who you wish.
Retirement Strategies for Women
April 10th from 1-2pm (In-person @ 506 Central Avenue, Newark, NJ)
This session provides retirement planning steps for women so they can have the savings to live the life they imagine in retirement.
MAY 2024
Your Social Security Benefits
May 1st from 10-11am EST (In-person @ 506 Central Avenue, Newark, NJ)
This session provides an in-depth explanation on the retirement, disability, and death benefits of Social Security.
Healthcare in Retirement
May 1st from 1-2pm EST (In-person @ 506 Central Avenue, Newark, NJ)
This session covers topics including what Medicare covers, out-of-pocket medical expenses, and long-term care insurance.
FREE TAX PREPARATION
The Volunteer Income Tax Assistance (VITA) program is an IRS sponsored program, designed to provide FREE tax preparation for families making $60,000 or less. Every year, the Urban League of Essex County trains and certifies volunteers, through the IRS Link and Learn Certification process, to become tax preparers and provide FREE tax preparation services to our community. VITA/TCE services are not only free, but they are also a reliable and trusted source for preparing tax returns, because all VITA volunteers who prepare returns must take and pass tax law training that meets or exceeds IRS standards. This training includes maintaining the privacy and confidentiality of all taxpayer information.
In addition to requiring volunteers to certify their knowledge of the tax laws, the IRS requires a quality review check for every return prepared at a VITA/TCE site prior to filing.
Please contact us at 973-624-9535 Ext. 273 for additional information.
In partnership with: United Way of Greater Newark
EMPLOYMENT + TRAINING OPPORTUNITIES
- Hybrid Classes
- Day & Evening Classes Available
- Financial Literacy
- Job-Readiness Training
- Job Placement Services
Basic Requirements:
- Must be SNAP recipient (Not WFNJ TANF)
- High School Diploma or Equivalency.
For more information:
Alice Frazier
Vice-President
Financial Opportunity Center + Workforce Development
973-624-9535 x267