![\"Gena](\"http:\/\/www.financenewmexico.org\/articles\/wp-content\/uploads\/2011\/04\/Gena-Wilimitis-.jpg\" "\\"Gena")
<\/a>Gena Wilimitis, Volunteer, NM Coalition for Financial Education<\/p><\/div>\n
Too many New Mexicans are novices when it comes to handling their money, making them easy pickings for predatory lending companies, expensive check-cashing services and other scams that can easily be avoided.<\/p>\n
The fifth annual Summit on Financial Education is set for 8 a.m.-3 p.m. April 15 at the Hotel Albuquerque, 800 Rio Grande Blvd. N.W. The free conference aims to increase the financial knowledge of New Mexicans so that they can make sound decisions about their money and avoid fraud and questionable investments.<\/p>\n
The conference features a variety of workshops and seminars that address wealth \u2013 how to get it, how to keep it and how to grow it. Seminars cover retirement planning, college-savings planning, careers, unemployment options, loan modification and debt elimination.\u00a0<\/p>\n
While most sessions are designed for individual and family investors, several provide information for business owners. Professionals who work in the financial-services industry will be able to share information and develop cooperative efforts.<\/p>\n
Similar to previous years, the summit targets new investors, workers nearing retirement, college students, employers and seniors. Some of this year\u2019s conference topics include \u201cCredit Reports and Credit Scores\u201d; \u201cEliminating Debt Forever\u201d; Hands-on Banking\u201d; and \u201cLegal Self Defense.\u201d Another seminar, \u201cPersonal Finance and Budgeting,\u201d will be presented twice, once in English and once in Spanish.<\/p>\n
The focus of the conference is to train people to protect themselves and their savings from predatory lenders, identity thieves, investment scammers and others who prey on the unwary or unsophisticated, particularly in times of economic change.<\/p>\n
Albuquerque Mayor Richard Berry will kick off the event. Don Blandin, president and CEO of the Investor Protection Trust and Investor Protection Institute, is the keynote speaker.<\/p>\n
The trust is a nonprofit organization that provides independent information to consumers so they can make informed investment decisions. Founded in 1993, IPT works both nationwide and on a grassroots level. Blandin will discuss the results of a new program that aims to prevent elder financial fraud.<\/p>\n
Attorney General Gary King and State Treasurer James Lewis are also expected to speak.<\/p>\n
Organized by the New Mexico Coalition for Financial Education, the summit is sponsored by the Federal Reserve Bank of Kansas City and the University of New Mexico. The coalition is a volunteer association made up of leaders in the state\u2019s financial industry. Its members include government agencies, educational institutions and individuals.<\/p>\n
The summit includes breakfast and lunch. Participants must pre-register and space is limited to the first 500 registrants; it has filled in previous years. For more information and a detailed schedule, visit www.nmfined.org<\/a>. To register, call\u00a0505-476-4575 or email RLD-NM.Securities@state.nm.us<\/a>.<\/p>\n Article 183<\/p>\n Download 183_Financial Education Summit Seeks to Build Wealth<\/a>\u00a0PDF<\/p>\n","protected":false},"excerpt":{"rendered":" The fifth annual Summit on Financial Education is set for 8 a.m.-3 p.m. April 15, 2011 at the Hotel Albuquerque, 800 Rio Grande Blvd. N.W. The free conference aims to increase the financial knowledge of New Mexicans so that they can make sound decisions about their money and avoid fraud and questionable investments. Continue reading