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First Annual FIRST ANNUAL APRIL 22, 2019 | SHERATON SALT LAKE HOTEL | 8:30 AM – 3:30 PM Women in the Money: Utah Financial Empowerment Conference is hosted by the Utah State Treasurer, the Utah Financial Empowerment Coalition, and the Utah Council on Financial and Economic Education. The conference aims to empower Utah women to achieve financial security by providing access to crucial financial information, invaluable resources, and new mentors and friends. The conference serves Utah women from all walks of life. Women of all ages, cultures, and financial situations are invited to exchange ideas and grow together. The overarching message is that it is never too late, or too early, to learn about finances. Why Women? − 89% of financial decisions are made by women. − Two-thirds of household breadwinners and co-breadwinners are women. − Women live longer than men (an average of 7 years) and are more likely to outlive their assets. − The average age of widowhood is 56. − Social security is the only source of retirement income for 38% of retired Utah women. − 49% of women fear becoming a “bag lady,” including women in favorable economic conditions, women who work, and women who manage their family’s finances. − According to a study published by the nonprofit Transamerica Center for Retirement Studies, 46% of women are “not too confident” or “not at all confident” in their ability to fully retire with a comfortable lifestyle. − More than 75% of all unpaid caregivers are female. − For every year that a woman stays at home as a caregiver, she must work five or more extra years to recover lost income, pension coverage, and career promotion. Sheraton Salt Lake Hotel Map Conference Agenda 7:30 AM – 8:30 AM REGISTRATION & CONTINENTAL BREAKFAST 8:30 AM – 9:00 AM CONFERENCE OPENING Lori Prichard, Emcee David Damschen, Utah State Treasurer 9:00 AM – 9:50 AM CENTS AND $ENSIBILITY: WOMEN AND MONEY PANEL Moderator: Susan Madsen, Utah Women & Leadership Project Panelists: Susan Speirs – Utah Association of CPAs & Jump$tart Coalition Reyna Aburto – Church of Jesus Christ of Latter Day Saints General Relief Society Jonyce Bullock – Utah Businesswoman Erin Jemison – YWCA 9:50 AM – 10:00 AM BREAK Visit Exhibitor Booths 10:00 AM – 10:50 AM CONCURRENT WORKSHOPS Gain Total Control of Your Money (Deer Valley-Sundance) Erin Lowell, You Need A Budget Learn four simple rules that will put you in the driver's seat of your financial decisions. You will learn to align your spending with the things that are most important to you, prepare for unexpected expenses, and adapt as life throws your curve balls. This proven method will help you break the paycheck to paycheck cycle once and for all. What You Need to Have in Place Before the Unspeakable (Alta-Brighton) Cathleen Gilbert, Gilbert Law Office Learn what legal documents you should have in place, information you need to know, and things you need to do before you or your spouse dies. This session will cover “hacks” you can follow to ensure your wishes are followed and your assets are distributed to the people or charities you wish. Teach Your Daughters (and Sons) Money Lessons They Will Never Forget (Solitude-Powder Mountain) Nancy Anderson, KeyBank Financial literacy is a vital part of becoming a responsible, independent adult. In this session, you will learn money lessons, tips, and activities to use with your children and grandchildren to help them become money savvy adults. While everyone needs knowledge about money, we put an extra emphasis on girls to help close the gender wage gap. Tips for Parents: Saving, Paying, and Borrowing for Your Child's Education (Snowbird) Katie Wornek, Utah Higher Education Assistance Authority Lynne Ward, my529 Saving, paying, and borrowing for your child’s education can all be viable options. K-12 grade school tuition, trade school, and college all play a role on the pathway to well-paying careers. This session is designed to help you prepare for the costs of higher education for yourself and/or your children. Learn about resources such as federal and state financial aid, private scholarships, and strategies for cutting college costs. We will also explain saving and investing and how certain funds (529 plans) can be used for tuition, room and board, institutions abroad, and more. 10:50 AM – 11:00 AM BREAK Visit Exhibitor Booths 11:00 AM – 11:50 AM CONCURRENT WORKSHOPS Growing Up: Five Things I Wish I Would Have Known About Money (Deer Valley-Sundance) Marilyn Albertson, USU Extension Growing up on a dairy farm, I had wonderful parents who were smart money managers and taught me to work hard, but did not share their money-management skills. That left me lacking in financial savvy when faced with many adult decisions. Knowing more could have saved me from some mistakes, reduced poor choices, and helped build a better retirement fund. This session will address some important facts about money management, credit, and saving, I wish I had known much earlier in my life. $mart Salary Negotiation Workshop (Alta-Brighton) Ann House, University of Utah Personal Money Management Center Chances are, you deserve to be paid what men are paid. This workshop will empower you with the knowledge, skills, and confidence to negotiate your salary and raises. The curriculum is created by the American Association of University Women (AAUW), which leads the charge to close the gender pay gap with an innovative program grounded in the latest research. Strong Credit: A Passport to Financial Success (Solitude-Powder Mountain) Michele Sauk, U.S. Bank Building a solid credit history and maintaining a high credit score can have a dramatic impact on your quality of life. In this session, you will learn important credit skills and knowledge, including how to define what credit and loans are, distinguish between secured and unsecured loans, identify types of loans, identify costs associated with getting a loan, and identify the factors lenders use to make loan decisions. Is This the Real Deal? Spotting and Preventing Scams on the Homefront (Snowbird) Francine Giani, Utah Department of Commerce Tom Brady, Utah Division of Securities An educated consumer is a fraudster's worst nightmare. A discussion of the different types of schemes that Utah consumers and investors are seeing throughout the state in the areas of consumer transactions, real estate transactions, professional services, and investments. Learn tips and tricks to avoid being defrauded and how to be a savvy consumer. 11:50 AM – 12:15 PM LUNCH 12:15 PM – 12:50 PM LUNCH KEYNOTE Title Sponsor Introduction of Keynote Speaker Gail Miller – Utah Businesswoman 12:50 PM – 1:00 PM BREAK Visit Exhibitor Booths 1:00 PM – 1:50 PM CONCURRENT WORKSHOPS From Idea to Action: How to Start Your Own Business (Deer Valley-Sundance) Ann Marie Wallace, Women’s Business Center of Utah Business ownership is a rewarding journey that can provide flexibility, creative freedom and financial reward for you and your family. Learn how to validate your business idea, use simple and free research tools and what the first steps are to launch or expand a business. Join the over 84,000 Utah women who took the leap and are improving their communities and families through entrepreneurship. Banking Tools for Your Financial Toolbelt (Alta-Brighton) Kimberli Green, America First Credit Union More important than making money is figuring out what YOU want to do with that money and having the tools to make your money work for you. In this session, you will learn the essentials for building a strong financial toolbelt to complete the job. Regardless of where you are in life, financial literacy should be at the top of your list. You don’t have to be an expert or a millionaire to take charge and create your own financial wellness. Social Security: What Is It and How Do I Prepare? (Deer Valley-Sundance) Mickie Douglas, Social Security Administration Are you ready for the economic challenges in your future? Social Security plays an especially important role in providing economic security for women. Women face greater economic challenges in retirement because they tend to live longer than men, have lower lifetime earnings than men, and may reach retirement with smaller pensions and other assets. Women face additional challenges if they become disabled and in providing survivor benefits for their families. Learn what kind of benefits are available, how you qualify, how much you qualify for, and how Social Security plays an important role in your financial future. Discussing Finances as a Couple: How to Have ‘The Talk’ (Alta-Brighton) Amanda Christensen, Utah Money Moms, Utah State University Extension We may struggle to communicate about money because we are unaware of the underlying values and beliefs that inadvertently guide our financial decisions. Learn how to discover your personal money values and start the money conversation with your spouse without running away kicking and screaming. 1:50 PM – 2:00 PM BREAK Visit Exhibitor Booths 2:00 PM – 2:50 PM CONCURRENT WORKSHOPS Fundamentals of Investing (Deer Valley-Sundance) Sandra Hill, Fidelity Investments Traditional savings accounts often don’t provide sufficient growth potential to help consumers attain their financial goals and objectives, such as a comfortable retirement, a vacation home, a trip around the world, or a child’s post-secondary education. Yet, many people are intimidated by the idea of investing because they are concerned about market volatility or don’t know where to begin. This session will provide you with the essential knowledge and skills you need to make the investment decisions to secure your financial future. Up and Coming Careers: What’s on Your Horizon (Alta-Brighton) Kristiane Koontz, Women Tech Council Are you planning to re-start your career after taking some time out of the workplace, or contemplate doing so in the future? Learn about strategies for career re-entry, as well available paths, programs, and success stories.
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