Financial Literacy Workshop: Avoiding the Debt Trap
Name:
Financial Literacy Workshop: Avoiding the Debt Trap
Date:
May 14, 2019
Time:
6:00 PM - 8:00 PM CDT
Registration:
Register Now
Event Description:
Part 3 of the Financial Literacy Workshop Series: Avoiding the Debt Trap
Is debt really a trap? If managed properly, debt can provide value. If managed improperly, debt can create a downward financial spiral. How can you properly manage debt levels? How does debt fit into your personal budget? Ben Spadt and Michelle Temeyer, CPAs at BCC Advisers, will cover the following topics in this workshop: behavioral economics and perceptions of debt; credit scores; credit cards; cost of debt; debt management strategies.
Is debt really a trap? If managed properly, debt can provide value. If managed improperly, debt can create a downward financial spiral. How can you properly manage debt levels? How does debt fit into your personal budget? Ben Spadt and Michelle Temeyer, CPAs at BCC Advisers, will cover the following topics in this workshop: behavioral economics and perceptions of debt; credit scores; credit cards; cost of debt; debt management strategies.
Ben Spadt and Michelle Temeyer are both Financial Analysts at BCC Advisers in Des Moines and members of the Iowa Society of CPAs serving on the Financial Literacy Committee. As financial analysts, they perform business valuations for a variety of purposes including ESOPs, mergers/acquisitions, estates, gifting, management decision-making, dissolution of marriage, shareholder disputes, and economic loss cases. Spadt graduated from the University of Nebraska at Omaha and holds Certified Public Accountant (CPA) and Certified Valuation Analyst (CVA) designations. Temeyer graduated from the University of Northern Iowa and holds Certified Public Accountant (CPA) and Certified Associate in Project Management (CAPM) designations; she is also an active member of Young Professionals Connection. Spadt and Temeyer believe personal finances are crucial for young professionals to comprehend and should utilize compounding time to their advantage.