Women's Financial Empowerment
AIER’s Women’s Financial Empowerment is a hands-on financial literacy program, covering contemporary financial and economic issues. Based on AIER’s 80 years of expertise, each session addresses a fundamental area of finance or money management to help women make practical decisions.
This year, the program progresses from basic topics to more sophisticated aspects of financial planning, such as protecting assets from economic and other risks.
Each session included a presentation of a main topic and examples of its application in real life. Experts and practitioners led discussions and shared their insights about using financial concepts in everyday life.
While the program followed a logical progression, each session was self-contained, allowing participants to enter comfortably at any stage. Please see below for past sessions.
Session 3 -- Financial Assets
This talk will cover major financial instruments available in the market today – short term and long term bonds, stocks, foreign exchange, and financial derivatives such as forwards, futures, options and others.
Presenter: Dr. Jia Liu, Research Fellow, AIER
Dr. Liu joined AIER in 2012. Her specializations are focused on monetary economics and financial markets. She has gained work experience in both academic research and the consulting industry. Dr. Liu earned her Master in Finance and Ph.D. in Economics from the University of Kansas.
Session 2 -- October 15
Personal Finance, Budgeting and Planning
Part I: Managing your Financial Life – Start Here
Financial empowerment starts with a solid foundation, based on knowledge, choice, and action. David Michaels talks about the basics of taking control of and managing your financial life. David will cover a variety of topics including – setting goals, budgeting, savings, investing, and planning.
Presenter: David Michaels, AIER, Chief Financial Officer
David Michaels joined AIER in 2008. He has more than 30 years of international financial and operating experience in a wide variety of roles in both public and private organizations. Prior to joining AIER, he served as chief financial officer at an early stage development company, Starfire Systems, Inc. David earned his Bachelor of Science degree from the University at Albany and did graduate-level coursework at Long Island University.
Part II: Estate Planning Tips: protect your financial security
Estate planning is multi-faceted and is an important component to financial security for individuals and their families. This portion of the discussion will include the following topics: advance directives, including powers of attorney, living wills and health care proxies, tax and non-tax considerations of an estate plan for married and unmarried individuals and estate planning for small business owners.
Presenter: Professor Deborah Kearns, Director, Tax Clinic, Albany Law School
Professor Kearns joined the Albany Law School faculty in 2008 and teaches in Albany Law School’s Law Clinic and Justice Center. Prior to joining the faculty she represented individuals, for-profit and not-for-profit entities in tax planning, tax controversy and complex tax preparation matters. Professor Kearns obtained her J.D. at Albany Law School and her LL.M. in Taxation at New York University.
Session 1 -- September 17
How to Understand the Economy for Individuals and Small Businesses
Part I: Tools for Understanding the Economy
There are certain principles that all economists know that help them understand the complexities of the economy. But you don’t need to be an expert to understand them. Dr. Steven Cunningham, AIER’s chief economist, will outline a few tools that you can use to find your way through the numbers and make better personal decisions.
Presenter: Dr. Steven R. Cunningham, Chief Economist, AIER
Steven Cunningham is an emeritus professor at the University of Connecticut, where he has been a member of the graduate faculty for over 20 years. At the University of South Florida, he did extensive undergraduate and graduate work in mathematics and computing and left with a BA in mathematics. He earned his MS and PhD in economics from Florida State University. Dr. Cunningham is the author of over 100 articles, is widely cited in the media, and has made numerous appearances on national and regional television and radio.
Part II: Small Business: Challenges, Growth and Strategies for Today
Today small businesses face national and local challenges, some specific to women business owners. You will learn what they are, and begin to identify opportunities and strategies for growth.
Keith E. Girouard, Regional Director, Berkshire Regional Office, Massachusetts Small Business Development Center Network.
Keith Girouard has been a senior business advisor with the Massachusetts Small Business Development Center Network since December 2007. He is also the regional director for the office. Keith received his Bachelor's degree in English at the University of Connecticut and a Master of Science in Industrial and Organizational Psychology from Springfield College with a specialty in Strategic and Organizational Change and Development.
Nancy Shulman, Senior Business Advisor, Berkshire Regional Office, Massachusetts Small Business Development Center Network.
Nancy has been a practicing real estate broker for 25 years and is the owner of a local real estate company. She graduated from Miss Hall's School, earned a BA from Brandeis University, an MBA from the Isenberg School at University of Massachusetts, and an MS in Internet Strategy Management from Persons School at Marlboro College.
To view last year's Women's Financial Empowerment session videos, click here.
Post questions and input below. Your engagement is welcomed and encouraged!