About

In the fall of 2017, a small group of volunteers got together and partnered with YWCA [email protected] to put on free finance workshops for women in Vancouver, BC.

We are motivated by the fact that financial literacy is an area that many people would like to improve and a study by Statistics Canada carried out in 2014 showed that Canadian women have lower levels of financial literacy and less confidence in their ability to manage their finances than Canadian men.  Since we also believe that women would feel more comfortable talking about money in a group composed of other women, we decided to hold the workshops for women only.

[email protected]’s goal is to help women achieve economic and employment sustainability. FAW is a free 12-week job search program for women that includes three weeks of skills enhancement workshops followed by nine weeks of one-to-one career coaching and group and peer support.   The program establishes a structured place for women to move out of an isolated job search to a place where they build connections, showcase their strengths, express their challenges and participate in a safe environment that fosters accountability, confidence and self-esteem. For more information about the [email protected] program please call 604-699-1788

Please keep in mind that the information offered in our workshops or other material is for educational purposes only and is not financial advice.

 

Workshops

The workshops being offered for the February 2020 session are stand-alone seminars and do not have any prerequisites.  They will be held from 6 pm to 8:30 pm on either a Wednesday or Thursday.  

Please keep in mind that the workshops are for educational purposes only and are not intended to provide participants with personal financial advice.  Having said that, we welcome participants to ask questions and share their own knowledge to broaden everyone’s educational experience.

Since space is limited, please do not sign up for a workshop unless you are sure that you can attend. 

February 5 (Wednesday) – Credit and Borrowing Fundamentals

This workshop deals with various aspects of credit including home mortgages.  Women who attend do not need any background in this topic. We will talk about important basics such as:

  • What is a credit rating?
  • Why your credit history matters
  • How to build a good credit score 
  • Different types of borrowing and how to manage debt 
  • How to figure out the upfront and ongoing costs of homeownership 
  • How to calculate the mortgage amount you qualify for 

Presenter:

Claire Cobden is VP, Treasurer at BlueShore Financial, BC’s fourth largest credit union. She is responsible for daily treasury operations and trading. Prior to joining BlueShore Financial, Claire was the Assistant Treasurer for MacDonald, Dettwiler and Associates, a global communications and information technology company.  She has a Bachelor of Commerce Degree from UBC and holds both the CFA and CPA designations.  Claire currently is a Director and the Treasurer of CFA Vancouver.

Register for this event at: https://www.eventbrite.ca/e/workshop-1-for-women-credit-and-borrowing-fundamentals-tickets-88426609369

February 13 (Thursday) – Basic Budgeting / Working with a Financial Planner

Part 1 – Introduction to Basic Budgeting

The first half of this workshop is an introductory presentation for women on basic budgeting from Vancity’s Each One Teach One program.  A budget helps you to plan for how your money will be spent or saved and it is an important start to creating an overall financial plan. The topics covered in this session include:

  • What is a budget and why should you create one?
  • Tips to help you reach your financial goals and
  • Ideas to help you adjust your spending

Presenters:

Our two presenters volunteer for Vancity’s Each One, Teach One program which is dedicated to promoting financial literacy and independence.  Tammy van der Kamp is a Member Services Representative – Online Care Team, with the Payment Solutions & Member Services Centre at Vancity Savings Credit Union in Vancouver.  Tara Williams is Product Manager, Payment Solutions, Digital Solutions at Vancity Savings Credit Union in Vancouver.

Part 2 – Working with a Financial Planner

Financial planning helps you achieve your life goals through the proper management of your financial affairs.  This presentation for women explains what you can expect when you see a financial planner and the basic concepts of financial planning to help you get started. 

Our presenter provides answers to questions such as:

  • What does a financial planner do?
  • How do you choose a financial advisor that is right for you?
  • How are advisors compensated?
  • How much money do you need to use a financial planner?
  • Where to find a financial planner?
  • What do you need to know in order to discuss your financial plan?

Presenter:

Sheila Walkington, CFP, is the co-founder of Money Coaches Canada, a national network of advice-only Money Coaches and Financial Planners. Our sole interest is the financial success of our clients — we do not sell investments, insurance or financial products.  Sheila is committed to helping people live with purpose and to define success on their terms. Sheila is also the co-author of UNSTUCK: How to Get Ahead Financially and Start Living the Life You Want.  

Register for this event at: https://www.eventbrite.ca/e/workshop-2-for-women-basic-budgeting-working-with-a-financial-planner-tickets-88427622399

February 19 (Wednesday) – Understanding Capital Markets

This workshop is for women who have little or no understanding of how capital markets work.  We will go over basic terminology and delve into topics such as:

  • Why do capital markets exist?
  • What is investing?
  • What are the types of investments?
  • Asset allocation
  • Some practical advice for investing in capital markets

Presenter:

Lucy So

Client Relationship Analyst, CC&L Investment Management

Lucy is a member of the client service team and is responsible for supporting Quantitative Equity clients and products. 

Prior to joining CC&L Investment Management, Lucy was most recently Vice President, Business Development for CC&L’s retail distribution channel where she was responsible for enhancing the firms product development capabilities and helping to manage relationships with key clients.

Lucy has a BComm from the University of Alberta, School of Business and is a CFA charterholder.

Register for this event at: https://www.eventbrite.ca/e/workshop-for-women-understanding-capital-markets-tickets-88428260307

February 26 (Wednesday) – What are Mutual Funds

This is a basic workshop for women who would like to learn about mutual funds and mutual fund companies.  Our speaker will provide answers to the following questions:   

  • What is a mutual fund?
  • Types of mutual funds
  • Advantages of mutual funds
  • How are the fees charged?
  • Who should be investing in mutual funds?
  • Where do you start?

Presenter:

Lori Norman is an Investor Specialist & Partner with Steadyhand, a boutique investment firm in Vancouver.  Lori works with clients providing them advice and helping them build personalized investment portfolios focused on long-term investing success. She started her career on an institutional bond trading floor in the early 90’s in London, England, and has over 25 years of experience in the investment field.  She is the Co-Chair of Women in Capital Markets (WCM) Vancouver Chapter.  Lori attended the University of Alberta and holds the CIM Designation (Chartered Investment Manager).

Register for this event at: https://www.eventbrite.ca/e/workshop-for-women-what-are-mutual-funds-tickets-88428119887