During November, PFCU's Erin Ellis worked with teens, young adults, and senior citizens to address financial concerns relevant to Philadelphians from each end of that spectrum.
On Monday, November 8th, Erin went to Education Career Connection's E3 program, an EDSI (Educational Data Systems, Inc.) program. E3 provides year-round services to 16-24-year-olds in Philadelphia not currently connected to school or work, who are looking to take the next step in their careers. E3 programs offer teens and young adults support, guidance, and resources to begin and prepare for their careers.
Some of the services E3 offers include support to help young people graduate high school or earn a GED, connecting them to post-graduation specialized training that can help them gain full-time employment, helping them apply for college, assistance with job skills, access to paid internships, community service, and other work experiences, and career coaching.
During the session, Erin and the participants discussed the basics of banking and managing checking and savings accounts. They also talked about building credit and options for managing money with a partner/significant other.
On Wednesday, November 10th, Erin hosted a webinar presented by Senior Counsel from the Regional Office of the U.S Securities and Exchange Commission titled, "Investing for Older Americans." The attorneys who presented the session shared resources from investor.gov, an online resource to help seniors make sound investment decisions and avoid fraud.
In the webinar, the guest attorneys from the SEC addressed several topics that can help senior citizens stay secure in their finances as they age, including Strategies for Smart Investing, Tips to Avoid Fraud, and Planning for Your Later Years.