Federal Reserve hosts Money Smart Week events

The Federal Reserve Bank of Chicago is offering free financial education events during Money Smart Week this week.

“We are excited to once again host Money Smart Week and to see this program continue to expand to give more people the tools and knowledge they can use to make good financial decisions,” said Charles Evans, president of the Federal Reserve Bank of Chicago. “Since 2002 when we first launched this program, more than 500,000 people have taken advantage of the expert financial advice this program offers.”

Local programs this week include:

• Score Some Points – Improving Your Credit Score, 5 to 6 p.m. Wednesday at Charter One Bank, 25 W. Main St., Cary. Learn the importance of your credit score, what impacts it and the things you can do to raise it.

• Money Matters – Create a Spending Plan, 6:30 to 8 p.m. Wednesday at Wauconda Township Center, 505 W. Bonner Road, Wauconda. Participants will learn how to manage money by preparing a personal spending plan and identifying ways to decrease spending and increase income.

• Basics of Budgeting, 7 to 9 p.m. Wednesday at Crystal Lake Public Library, 126 Paddock St., Crystal Lake. Learn how to prepare a monthly budget, comparison shop, cut expenses and track and maintain your budget.

• Is it the Right Time to Retire?, 7 to 8:30 p.m. Wednesday at McHenry Public Library, 809 N. Front St., McHenry. Join financial educator Karen Chan to learn how to access your overall financial picture and gather the information to make an informed decision.

• Identity Theft, 7 to 8 p.m. Thurdsay at Wauconda Library, 801 N. Main St., Wauconda. Learn how to protect yourself against identify theft, identify potential scams and fraud and how to take action if you have been a victim.

• Ongoing programs during the week at the Huntley Area Public Library, 11000 Ruth Road, include Money Matching Game, where participants try to match items with their costs, and Bucks for Your Books – stop by the info desk to calculate how much money you saved by using the library. Earn virtual book bucks to buy books and more from the library prize cart.

Money Smart Week also includes the 10th Money Smart Kid Essay Contest for students in grades fifth through eighth.

Complete event information is available at www.moneysmartweek.org.

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