Treasurer David Damschen announced that Utah’s first annual women’s financial empowerment conference will be held on April 22 at the Sheraton Salt Lake Hotel. Conference attendees will learn how to improve personal and family finances, maximize income, reduce debt, improve credit, start a business, save for retirement and develop a financial support network to build a more secure financial future.
“As chair of the Utah Council on Financial and Economic Education, I am grateful for the opportunity to bring together some of Utah’s top financial leaders to share their knowledge and skills with Utah women,” Treasurer Damschen said. “This is an excellent opportunity for women of all ages, cultures and financial situations to grow their financial capability together.”
The conference is focused on women because of some of the unique financial situations women face. Women live longer than men and are more likely to outlive their assets. Women are also more likely to take on caretaker responsibilities, teach their children about money and help elderly or disabled loved ones manage their finances. Additionally, women are increasingly playing a greater role in the workforce and market. Two-thirds of household breadwinners and co-breadwinners are women, and 89 percent of financial decisions are made by women.
“Women fill many important roles in our state. It is critical to equip them with the knowledge, skills and resources they need to make sound financial decisions for themselves and their families,” said Susan Speirs, CEO of the Utah Association of CPAs and chair of the nonprofit responsible for organizing the conference.
The cost of attending the conference is $25 and includes all sessions, breakfast and lunch. Scholarships are available for those in need. Those interested in scholarships should contact the Utah Office of State Treasurer by phone, 801-538-1042, or email, [email protected].