SLC Virtual Financial Fair

Last year we gathered together for a Financial Fair. This year, since we cannot gather in person, we decided to go virtual. The 2021 SLC360 Financial Health Fair hosted virtual presentations from our different financial vendors. These presentations are available to all SLC employees and their families. If you have questions about the event please contact Trent.Steele@slcgov.com.

The Financial Wellness Fair videos are available for viewing below.

Teaching Your Kids How to Manage Money

Are You Financially On-Track for Retirement?

Paying Off Debt While Building Wealth

The Psychology Behind Saving Money and Other Good Financial Habits

The Five Pillars of Personal Finance

Basics of Estate Planning

Gaze Into Your Retirement Future

EAP Financial Resources:

Our financial experts can assist with a wide range of issues.

Talk to us about:

• Retirement planning, taxes
• Relocation, mortgages, insurance
• Budgeting, debt, bankruptcy and more

Contact the EAP:

• Public Employees: 855-823-5389 Company ID: SLC
• SLCStrong: 844-206-4097 Company ID: SLCPS

NFP Resources:

One on one consultations with NFP financial advisors: https://go.oncehub.com/SaltLakeCity

Empower Resources:

Retirement:

• Health Savings Accounts: Health Savings Accounts (or HSAs) have grown in popularity as a way to save for healthcare costs. However, many people are still unfamiliar with how to use HSAs and the benefits associated with them.
• Planning For Retirement: Research shows that many people don’t have enough saved for retirement – you may be in this position, but it’s not too late to start saving! Learn more about the importance of saving now to help you afford your living expenses after retirement.
• Reverse mortgages: If you’re nearing retirement and own your home — or if you’re looking for creative ways to supplement your income — a reverse mortgage may be worth considering. Learn the pros and cons of a reverse mortgage before you make a decision.
• When to Collect Social Security: Even if you have a savings plan in place, Social Security can be an important source of future income. Learn more about Social Security and how you might plan to use it to support your living expenses in retirement.

Saving:

• Budgeting for Families: Understanding how to set a family budget doesn’t have to be intimidating – learning how to save, spend and plan for life events can put you on the path to financial well‐being. Learn more about how you can create budgeting solutions for you and your family.
• Building emergency savings: It’s important to make sure you’re prepared for unexpected situations. Learn more about how you can build a savings account dedicated to dealing with emergency circumstances, such as healthcare, costly repairs and loss of income.
• Buying a home: Everyone’s journey to homeownership is different, but there are some common things every homebuyer should prepare for before they jump in.
• Certificates of deposit: Certificates of deposit, or CDs, are a type of financial account designed to hold your money for a fixed amount of time with low associated risk — and you earn guaranteed interest in return. Learn more about what is involved in opening a CD to decide if this saving tool is right for you.
• Checking accounts: A checking account can be an important tool to help you meet your financial goals. Learn the basic features of checking accounts, including how to select, open, and use a checking account, understanding the fees associated with checking accounts, and how to keep your checking account secure.
• Creating a budget: Only about one-third of Americans create and maintain a budget* — are you one of them? A budget can help you stay on top of your finances by helping you plan where your money will go instead of wondering where it went. *Source: Gallup poll telephone interviews conducted with 1,012 adults; April 11-14, 2013.
• Debt management: Approximately 80% of Americans are in debt,* and that includes examples like credit cards, student loans and mortgages. Learn how to make a plan to manage your debt, with insights around determining how much debt is too much, how to calculate your debt-to-income ratio and explore different strategies to help pay down your debt. *Source: Nitro College study of 1,000 Americans; 2019.
• Family conversations about money: Money can be a difficult thing to talk about. But having proactive, honest conversations about money within your family can help reduce stress and improve the financial capability of generations to come.
• Health Savings Accounts: Health Savings Accounts (or HSAs) have grown in popularity as a way to save for healthcare costs. However, many people are still unfamiliar with how to use HSAs and the benefits associated with them.
• Mobile and online banking: Learn how you can make money management a part of your everyday routine, right from your phone or computer.
• Paying for college: It may seem like the cost of college is out of reach. But with a little bit of research, planning and saving, you can figure out how to pay for the college education you’ve always wanted for yourself or your children.
• Savings accounts: You have a lot of choices when it comes to savings accounts. We can help you narrow down the list so you can maximize your money.

Investments:

• Investment property: If you’ve seen any TV shows about house flipping, you may be familiar with the concept of investment properties. Have you considered if property investment is right for you? Learn the fundamentals in this brief guide.
• Family conversations about money: Money can be a difficult thing to talk about. But having proactive, honest conversations about money within your family can help reduce stress and improve the financial capability of generations to come.