09-27-2023 Primtime Living - Flipbook - Page 9
A Special Advertising Section of Baltimore Sun Media Group | Wednesday, September 27, 2023
future. Financial literacy is not always
taught in schools, so there are a lot of
adults who need to learn basic money
management skills.
“I’m all for any strategy that will help
people save money,” Sorenson declares.
“If, for instance, you know yourself well
and have problems with impulse spending, whatever strategy you figure out is
fine with me. Just because it isn’t helpful
for anyone else, if it works for you, go for
it. One client had a bank account across
town. She cut up her ATM card, so if she
ever needed money from that financial
institution, it had to be worth it for her to
go there. It was another barrier to spending money she preferred not to touch.”
Another problem area is evaluating
health insurance policy options, and how
it affects a family’s budget. It’s important to know what you’re looking at and
whether or not the benefits are in your
favor. She also offers programs that cover
how to manage insurance disputes.
“I also touch on credit reports,” says
Sorenson, “and credit scores. There are
advertisements everywhere but a lot of
people don’t understand what they mean
and how they are affected personally.
Since credit card companies and banks
are offering free access to this information, you need to think about what it does
for you. It’s also important because so
much of our lives is accessible. A credit
report, for instance, could alert someone
to identity theft or another financial problem.”
What other subjects does Sorenson
teach?
• Using financial technology
• Student loan repayment
• Retirement basics: Saving versus
investing
• Financial mindfulness
• Financial communication
• Developing better financial habits
Sorenson can also develop programs
to meet specific needs. If you have an
idea for a program, please do not hesitate to reach out. You can email her at
cjrsoren@umd.edu, call her at 410-3862760, or stop by and see her if you are
near the Carroll County office
Av o i d i n g
Scams:
Join us for a FREE workshop on Avoiding Scams!
Scammers stole $5.8 billion dollars from consumers in 2021.
Do you know how to keep yourself, your identity, and
Keeping your money
your money safe? We will cover current scams and
and identity safe!
strategies for avoiding them!
Classes will be held:
Monday, October 30th
from 1PM to 2PM at the Finksburg Library
Tuesday, October 31st
from 1PM to 2PM at the Eldersburg Library
Tuesday, November 7th
from 1PM to 2PM at the North Carroll Library
To register, call 410-386-2760 or email cjrsoren@umd.edu. Can’t make these dates?
No problem! Call or email and we can contact you when the next classes are available.
Carrie Sorenson, from the Carroll County Office of University of Maryland Extension,
will be joining us to provide this important workshop! Carrie is an Accredited Financial
Counselor with over 5 years of experience teaching financial workshops.
If you need any reasonable accommodations to
participate or please contact Carrie Sorenson at least two
weeks before the program. You can reach her by email at
cjrsoren@umd.edu or by phone at 410-386-2760.
University programs, activities, and facilities are available to all without regard to race, color, sex, gender identity or
expression, sexual orientation, marital status, age, national origin, political affiliation, physical or mental disability, religion,
protected veteran status, genetic information, personal appearance, or any other legal protected class.
Healthier People, Healthier Communities
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