Money Smart Week

05 13, 2020

The 7 Steps to Financial Freedom

By |2020-05-13T06:00:15-04:00May 13, 2020|

Has COVID-19 thrown your finances into disarray? You’re not alone!

That’s why we’re sharing this free program from Steve Leskovec of Western Reserve Consulting. He explains the seven steps that you can take to ensure financial freedom.

Those steps include:

  1. Building an emergency fund.
  2. Paying off your debt.
  3. Saving 3 to 6 months in expenses.
  4. Investing in your retirement.
  5. Paying for your children’s college.
  6. Paying off your home early.
  7. Building wealth and giving.

Leskovec offers the best practices for decreasing debt, funding retirement, and paying for college. He also provides practical advice for budgeting and selecting an investment advisor.

By the way, if you’re an entrepreneur, Leskovec previously offered advice for financial wellness in the workplace. You can watch that here, as well.

05 5, 2020

Learn about financial wellness in the workplace

By |2020-05-05T12:15:59-04:00May 5, 2020|

Financial Coach Steve Leskovec from Western Reserve Consulting offered free financial wellness advice to entrepreneurs during a webinar the library hosted earlier this week.

He discussed the most common financial problems facing employees right now. He also explained how those problems can impact their employers. Finally, he described how financial wellness plans can benefit both employees and employers.

Leskovec will also offer financial advice for individuals and families during a second program entitled The Road to Financial Wellness. It will stream at 6:30 p.m. on Tuesday, May 12. He will explain the basics of creating a spending plan and share seven steps to financial freedom and security.

This program will be shared online via Zoom and is free to attend. You will need to register for the programs via our online calendar. After registering, you will be emailed the link to participate a day before the program. (If you don’t find it in your inbox, please check your spam folder.)

That program will also be recorded and available for viewing at a future date on the library’s website, Facebook page, and YouTube channel.

11 7, 2019

Legal & financial planning advice for families affected by Alzheimer’s & dementia

By |2019-11-07T06:00:43-05:00November 7, 2019|

Christina M. Bushnell and Dawn E. McFadden of McFadden Bushnell LLC visited us recently to provide guidance for families that may be affected by Alzheimer’s or other forms of dementia – which is all families, really.

They discussed legal and financial plans families should make that can help them if they are affected by dementia. We’ve filmed their talk, so we can share it with all of you. Learn about trusts, documents you may want drafted or updated, the differences between Medicaid and Medicare, and more.

Of course, estate law can differ from state to state, and every family circumstance is unique. When in doubt, you should consult a legal professional.

We hosted this program with support from the Alzheimer’s Association.

By the way, if you’re looking to draft a legal document, Mentor Public Library offers a database with different legal-form templates that you can view or even download for free. It’s called the Legal Forms Library, and it’s one of the dozens of databases that we offer access to for free.

There are thousands of form templates for all types of topics: divorce, bankruptcy, power of attorney, name changes, wills, estates and more. (So you know, you’ll need to click through to the Legal Forms Library from the Mentor Public Library site for these hyperlinks to work.) And you can view, download or edit all these templates for free. There are also completed samples that you can view as a PDF or Microsoft Word file. This can give you an idea what your finished form should look like.

 

For more information, you can visit the FAQ section of the Legal Forms website.

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