Financial Capability Month
April is Financial Capability Month, and the Minnesota Department of Commerce hosted the 8th Annual Financial Capability Roundtable on Wednesday, April 25, 2018, at the Minneapolis Central Library, 300 Nicollet Mall.
To highlight that financial capability involves education through all stages of life, from kindergarten to retirement, this year’s Roundtable theme was “You’re Never Too Old (or Too Young) for Financial Capability.”
The featured speaker was Nancy Carlson, the popular children’s book author and illustrator. She talked about her background and work in picture books (such as “Start Saving, Henry!”) that introduce basic financial concepts to young children. She also shared her personal story of financial hardship and lessons learned as a result of her late husband’s undiagnosed early-onset dementia that caused him to mismanage their family’s finances. Nancy discussed coping with his illness, finding him care and working to get out of debt.
Nancy’s presentation was followed by a discussion about the financial capability needs of older Minnesotans and their families, including services and resources to help.
- Amanda Vickstrom, Executive Director, Minnesota Elder Justice Center
- Susan Schroeder, AFC®, Financial Empowerment Program Developer, Dakota County Community Services
- John Comer, CFP®, Financial Planning Association of Minnesota
- LaRhae Grindal Knatterud, Director of Aging Transformation, Minnesota Department of Human Services
The event concluded with an expo to promote networking and allow organizations to showcase their financial capability work.