By Cardozo Women • October 14, 2016•Law School
Last month the Ms. JD chapter of the Benjamin N. Cardozo School of Law known as Women’s Law Initiative held an event entitled “Financial Literacy." The Women of the organization invited Suzanne Katz, Vice President, Wealth Management Advisor at Merrill Lynch to speak to students about the importance of being financially literate. Suzanne spoke about the many ways to be financially literate, including how to budget.
She suggested that we use our debit cards for as much as possible because they allow for all of our expenses to be tracked electronically. It also allows us to look online at the end of each week and assess where we can save more.
In addition, she mentioned the option of having multiple bank accounts, one for all expenses such as the cable bill and gas bill as well as one that would be used just for fun such as a movie night or manicure. She suggested that all bills be paid electornically to ensure that they are paid ontime in order to avoid late fees.
The event was a success and the Women’s Law Initiative will be sure to invite Mrs. Katz back next year!