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Financial Literacy and Asset Building
Money management and economic concerns are addressed through our monthly group financial literacy classes providing you budgeting knowledge, money handling skills, and the basics of surviving in the financial world. It is never too early to start planning! This Program is an 8-hour course (2 hours per week, 4 weeks total) on the following topics.
Classes are held at El Centro Main office, 650 Minnesota Ave, Kansas City Kansas. Please see below for specific details. If you have any questions or comments about a program, please contact the Financial Education Department by email here or phone 913.677.0100 ext 202.
Budgeting – Identifying sources of income, distinguishing between fixed and variable expenses, distinguishing between needs and wants, and developing a personal budget, online resources.
Savings – Savings basics, different types of interest, best way to save, how to be debt-free.
Investing – Investing terminology, strategies, and resources, retirement accounts, etc.
Taxes – Why do we pay taxes, how to read pay stubs, tax terms and tax forms, special tax credits and benefits, tax saving strategies
We are always looking to find volunteers to assist our clients with their financial issues.
Volunteer Income Tax Assistance (VITA) program:
This program offers free tax preparation of federal and state returns to low- and moderate-income working families in the Kansas City metro area. It also provides outreach on tax incentives, particularly the Earned Income Tax Credit (EITC) and Child Tax Credit to low- and moderate-income taxpayers.
Volunteers are the lifeblood of the VITA program. Because all positions are volunteer based (greeters, tax preparers and quality reviewers), no volunteer receives any kind of compensation for their time and travel.
Between both of our sites last year, we prepared 1,421 federal and state returns, adding $1,717,851 in federal refunds- an average of $1,209 per refund.
We are fortunate to have great volunteers from Ford Motor Company, H&R Block, the IRS, Sprint, and the University of Kansas. We welcome assistance from retired persons as well as those still employed.
All volunteers are welcome and needed to keep this vital program running for those who need it!