Workshop teaches women about credit and budgeting to kickstart financial literacy program

BENNINGTON -- Project Against Violent Encounters will be holding two free financial workshops for women on Monday, May 5 at the Rotary Club Room of the Bennington Free Library, 101 Silver St., starting the first in a series of workshops this year.

The first workshop regarding credit building and repair will take place from noon to 1 p.m. The second workshop on budgeting and savings will take place from 1:30 p.m. to 2:30 p.m. A $50 gift card for either food or fuel will be given to women who attend both.

PAVE’s financial literacy program starts this year after receiving a $7,500 Direct Services Grant from the Allstate Foundation.

"The majority of the grant is utilized toward incentives for women to attend and increase their financial knowledge," said PAVE housing advocate, Lauren Wilcox.

"I wouldn’t say the workshops are necessarily geared toward women," said Wilcox. "However, the purpose is to provide a comfortable, safe environment for women to learn and ask questions about their finances. The hope is that women will increase their knowledge of budgeting, credit, loans, savings, etc."

The goal of the financial literacy program is to better equip individuals in planning their financial futures and help them gain a sense of empowerment.

The grant funds are also being used to provide transportation to and from the workshops. PAVE has also hired qualified individuals to provide childcare during the workshops

Wilcox said all women could benefit from what the workshops have to offer. "Women of all ages are welcome, and really in the last two workshops there has been a diverse range--from women in their early twenties to women in their 60s and 70s."

Wilcox said women in any financial situation can receive answers, suggestions and support from the other women in the workshops.

To register for the workshops, and to arrange transportation and/or childcare, call Wilcox at 802-442-2370.

Contact Tom Momberg at tmomberg@benningtonbanner.com. Follow him on Twitter @TomMomberg