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Showing posts with the label Women and Money

Let's Get Moneyed!

Financial literacy is an economic empowerment mechanism for women and families vulnerable to the cycles of poverty. As an FDIC Money Smart Alliance Member, The SOFEI Group equips women and adults with resources and knowledge to help them make informed financial decisions to create their pathway to financial independence and stability. When women learn how to budget, save, manage debt, and invest, they will make informed financial decisions that will crush the growing trend and cycle of poverty that limits their economic mobility. Please visit Moneyed Women to learn more and share with women who want to take control of their financial futures.

Discover Your Potential with InFuseHer

Are you a woman of color striving for personal and professional growth? The SOFEI Group’s InFuseHer mentoring program offers a transformative journey to help women unlock their full potential, and here's why women should join: Why InFuseHer? InFuseHer addresses the unique challenges women of color experience, including underrepresentation in leadership roles and wage gaps. InFuseHer has the potential to empower women to overcome barriers to achieve their dreams. Program Highlights: Personalized Mentorship: Engage in weekly or monthly virtual meetings with dedicated mentors who guide you toward your goals. Goal Tracking: Utilize digital tools to measure and celebrate your progress. Community Support: Connect with a passionate network of women committed to your success. Free Participation: It is free to join, making it accessible for everyone. How It Works: Enroll: Complete the enrollment form to get started. Converse: Discuss your goals with a program coordinator

The Dance Between the Offeror and Offeree

During my undergraduate studies, I interviewed for an administrative assistant position, and one of my favorite courses was Business Law. My professor was impressed with how I briefed my cases and encouraged me to attend Law School. After the interview, I was excited to receive a verbal offer for the administrative assistant position, which I accepted with a follow-up acknowledgment letter; however, my excitement diminished when I received a confirmation letter with a starting salary less than the original offer I had agreed to. My Business Law course was intricate in helping me understand the roles of an Offeror and an Offeree. Recognizing and understanding these roles is not just a matter of legal semantics; it's the foundation of strong, enforceable, and mutually beneficial agreements. When an Offeror submits an offer to an Offeree (e.g., services, products, or a partnership) verbally or contractually, the Offeree can accept, reject, or modify the conditions of the contrac

Celebrate National Financial Literacy Month

April is National Financial Literacy Month - a time to celebrate and raise awareness about the importance of financial literacy and encourage people to develop smart money management habits. Recent surveys revealed many adults lack basic financial knowledge (e.g., budgeting and saving to understanding credit and investing) which leads to financial challenges. But there's good news! As an Alliance Member with The Federal Deposit Insurance Corporation (FDIC), The SOFEI Group contributes to delivering (i.e., training and teaching) Money Smart - a comprehensive program for consumers and small businesses. Money Smart offers free, high-quality financial education materials for people of all ages and backgrounds. Whether you're a seasoned investor or just starting your financial journey, Money Smart has something for everyone, and here's how to make the most of it during National Financial Literacy Month: Explore Interactive Modules: Dive into a treasure trove of interac