Financial Advancement Network Workshops – COVID-19 Edition

Posted by Urban Affairs Coalition on June 9, 2020

The Financial Advancement Network (FAN) is an initiative of the Urban Affairs Coalition that is supported by Department of Community & Economic Development (CED). CED’s mission is to bring capital to communities by building bridges between low- and moderate- income areas and mainstream financial institutions.

FAN Mission Statement

Through the combination of financial education and peer support, the Financial Advancement Network aims to empower individuals to take charge of their financial lives.

FAN Workshop Information

CED currently offers “one touch” FAN workshops that are organized around a specific topic of interest identified by a community partner. These topics are organized around identified interests that would be of value to the participants in attendance. We draw from a pool of financial education specialists to teach free sessions. The workshops on this list are specific to COVID-19 Finance. Workshops are typically 45 – 60 minutes, depending on the number of topics intended to cover.

Scheduling a FAN Workshop

Once a local community group, place of employment or school commits to hosting a FAN Workshop at a particular site, the coordinator will reach out to Urban Affairs Coalition with the topic options that they would like their group to receive. Feel free to mix and match topics from different sections! UAC then reaches out to the Speakers’ Bureau to find a leader for the workshop.  UAC will confirm the appropriate speaker for the workshop with the requesting group.

For more information contact Meagan Schaefer, Program Coordinator, at mschaefer@uac.org or 215-851-1847

COVID-19 FAN Workshop Topic List – Feel free to mix and match to create your own unique workshop from all the different subtopics!

Financial Planning

• Saving for your Future: Learners are given an overview of ways to save the stimulus check and create a budget. Learners are also given resources and agencies that will match savings.
• Emergency Fund
• Diversified Investments
• How to Gain your Financial Footing after a Crisis: Learners will have the opportunity to evaluate how they coped in the pandemic and create a plan to be better prepared for future unexpected events
• COVID-19 Policy Changes: Learners are given an understanding about how these changes will affect them financially.
• What to do with the Stimulus Payment and Unemployment
• Income and Expenses
• Disaster Recovery

Credit, Loans and Debt

• Leveraging Credit Cards to your Advantage During COVID-19

 Housing and Homebuying

• Homebuying 101 During COVID-19
• Homeownership Decisions During COVID-19

 Predatory Practices

• Fraud During COVID-19
• Protecting Your Identity and Assets

 Additional Topics

• What COVID-19 Taught Me: Learners will explore the health, emotional and financial lessons from the pandemic
• Teenage Finance