By: Yuritza Arroyo
A workshop session hosted by United Community Corporation (UCC) is coming to Newark dedicated towards assisting individuals in understanding how to manage their finances better.
According to officials, UCC’s “Finance Expo” will be hosted Saturday, Feb. 25, at the Essex County West Side Park Community Center, located at 600 South 17th Street, Newark.
The event, which will be held in partnership with Chase, will host sessions for participants to learn about budgeting, credit, housing management, mortgage, and free tools to lessen financial stress.
“A focus on financial education is part of our ‘Racial Equity’ commitment to the communities we serve,” said Melissa Prashad, vice president of Community Banking and Business Development at JPMorgan Chase & Co.
“JP Morgan Chase strives to empower our stakeholders with the tools and resources needed to help manage finances and improve wealth equity.”
UCC understands the significance of providing services to uplift community members’ financial literacy, as recent economic hardships have put a strain on families.
“The increased cost of living nationwide has burdened the budgets of countless individuals and families and has exacerbated ongoing economic disparities for many of the community members we serve,” said Tom Wiedmann, assistant director of Community Engagement at UCC.
“We want community members who attend our Finance Expo to be better equipped with the financial literacy tools and skills they need to improve their lives.”
In addition to a financial literacy workshop, the event will have NJIT-leading resume-building and interviewing techniques. COVID-19 vaccinations will be available and provided by Saint James Health. There will also be free resources, children’s activities, and information on UCC’s programs.
The event was also made possible by the support of Amerigroup and Newark Centers of Hope.
“Amerigroup is proud to partner with the UCC to support this important expo,” said Anya Nawrocky, director of Member Experience and Growth at Amerigroup.
“A strong foundation of financial literacy can help support various life goals, such as saving for education or housing, using debt responsibly, etc., which contributes to a person’s overall well-being and health.”