International Rescue Committee (IRC)

Financial Literacy Workshop with Bank of America

Financial management is a challenge for many of us, but for newly arrived refugees it often means learning an entirely new system of managing money and paying for goods and services. Budgeting and saving for the future are often hot topics for many newly arrived refugees. The IRC in Seattle, in partnership with Bank of America, holds a monthly Financial Literacy Workshop for 10-15 of the IRC’s most recently arrived clients in our SeaTac office.  Bank of America (BOA) provides Student Financial Handbooks and presenters cover topics such as how to write checks, how to balance a checkbook, what a debit card is, ways to save money and how to build credit.
 
Bank of America (BOA) presenters find the workshop rewarding and welcome the opportunity to focus on building relationships with the community and customers.  Additionally, the presenters hope that workshops like this will make people less apprehensive about coming into the bank.  As for clients, they especially liked learning how to fill out checks and how to save money.  And as workshop attendee, Lian Kham Thang from Burma, said, “It is important for us to come to this class because we never heard this information before.  This information we can use a lot.”  To see photos from the IRC in Seattle’s March Financial Literacy Workshop go to financial literacy photos.
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