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November 22nd, 2018

PR – Financial Well-being Workshop

 

UTC hosts financial workshops on improving financial literacy

November 2018:
The Unit Trust Corporation hosted a series of financial workshops across Trinidad and Tobago over the course of this year, designed to sensitize people to the nuts and bolts of financial literacy and arming them with the tools for making better financial decisions.

Theone-day-free workshops were conducted by a cadre of UTC team members, namely in Sangre Grande and Carnage as well as Bon Accord and Bethel, Tobago, where participants welcomed the opportunity to see how saving and investing can make a difference to their lives.

UTC’s Investment Centre Manager, Janice Jackman stressed the importance of having specific long and short-term goals, which should be measurable, achievable, realistic and time-bound. These are ingredients necessary to making any goal a reality. “Goals without a plan are just a dream. To achieve financial freedom, you must have a plan and work towards it,” she told a workshop in Carenage.

UTC’s Financial Advisor, Desiree Hackett-Murray warned that financial planning was critical to meeting life’s changes. She added, “Proper budgeting and planning goes a long way in preparing yourself financially for any curveball life may throw at you.”

Committed to serving its communities, the workshops formed part of the UTC’s mandate to foster a culture of saving and investment through education. This educational initiative is possible through the UTC Foundation, under the pillar of Financial Well-being; the others are Education and Environmental Consciousness.

The dynamic and engaging workshops focused mainly on discussions of goal setting, budgeting, income, and expenses and included interactive activities such as snakes and ladders with a twist as well as creating their own vision board that gives a visual representation of their goals.

Bishop Anstey’s Sixth Form student, Jewel Williams, who attended the workshop in Carenage, spoke of its value, noting that the vision board activity was helpful in helping her plan for her future. “I feel like now I have my entire life planned, I feel like I can accomplish anything,” she said, echoing the sentiments of the other participants.

A participant explaining her vision board at UTC’s Financial Well-being Workshop at Canaan Bon Accord’s Community Centre, Tobago.

A participant explaining her vision board at UTC’s Financial Well-being Workshop at Canaan Bon Accord’s Community Centre, Tobago.

UTC’s team member, Thaze Phillip chats with a participant at the Sangre Grande Civil Centre during UTC’s Financial Well-being Workshop

UTC’s team member, Thaze Phillip chats with a participant at the Sangre Grande Civil Centre during UTC’s Financial Well-being Workshop

Participants share in a group activity during UTC’s Financial Well-being Workshop at Carenage’s Homework Centre and Police Youth Club.

Participants share in a group activity during UTC’s Financial Well-being Workshop at Carenage’s Homework Centre and Police Youth Club.