A Personal Finance Workshop Series for PhDs
Jul 19, 2023 12:00 AM - Oct 11, 2023 12:00 AM
online
Five workshops are planned for this series, offered exclusively to Johns Hopkins University PhD students:
Workshop 1: Essential Steps in Financial Planning: An Introduction, July 19, 2023
In this kick-off webinar, we dive into the essentials of the financial planning process. A financial plan, a crucial roadmap, outlines your financial priorities or goals and establishes the actions needed to realize them over time. You'll learn how to create this plan independently, collaboratively with a partner, or under the guidance of a professional financial planner. Our aim is to empower you to take control of your financial journey
Workshop 2: Decoding the Fundamentals of Investing, Aug 2, 2023
During this session, we cover the fundamentals of investing, with a special focus on crafting a passive investment portfolio. This critical knowledge influences a variety of financial planning choices. We'll tackle how to make informed decisions regarding retirement plans, 529 college savings for children, home purchases, brokerage account management, and even small business investments. Additionally, we might delve into the emerging realm of cryptocurrency, all from a passive investor's standpoint
Workshop 3: Strategies for Reducing and Controlling Debt, Aug 30, 2023
In this session, our primary focus is on effectively managing debt, specifically addressing the common challenges professionals face—student loans and home mortgages. We'll delve into strategies and insights to navigate these burdens and find feasible solutions. Time permitting, we may also explore the significance of credit scores, which play a crucial role in assessing our creditworthiness. Understanding how banks, car dealerships, and insurers evaluate our ability to handle debt will empower you to make informed financial decisions.
Workshop 4: Art of Contract and Salary Negotiation, Sept 20, 2023
Join us for this engaging workshop where we delve into the intricacies of employment contracts and offer letters. We will explore the concept of a standard contract, decipher compensation terms, and shed light on common clauses typically found in these legal documents. Additionally, you will gain valuable guidance on effective interviewing techniques and negotiation strategies. By the end of this workshop, you'll feel more confident navigating the world of contracts, understanding key terms, and being equipped with the skills to advocate for yourself in professional settings.
Workshop 5: Blueprint for Successful Retirement Planning, Oct 11, 2023
Join us for an informative session as we delve into the fundamentals of retirement planning. During this session, we will provide an overview of various retirement accounts, including qualified retirement accounts such as 401(k) and 403(b), as well as Traditional and Roth Individual Retirement Accounts (IRAs). You will gain an understanding of the features, benefits, and considerations associated with each account type. By the end of this session, you will be equipped with the knowledge to make informed decisions and take essential steps towards securing a financially stable retirement.