Money talks

The Kendall Young Library will be showing the film “Suze Orman’s Money Class” today to gear up for a Smart Investing at Your Library class also hosted by the library.

Library director Angie Martin-Schwarze said Orman’s presentation at the University of Minnesota discusses how to achieve personal financial goals in the current economic environment.

“This money class is sort of looking at ‘What advice does she have to offer?’ given some of what’s happened in our country recently and in the world in terms of financial crisis, the housing bubble and other things that have people reevaluating what they should be doing to have their finances in the best shape they can have them,” Martin-Schwarze said.

After the film, Martin-Schwarze and Barb Wollan of ISU extension will hold a discussion about the ideas and concepts the film presents. There will also be more information about the Smart Investing at Your Library class available.

The class, which will be held separately from the viewing of the film, offers a chance to learn about investing from several angles. Classes will be split into those just starting to invest, those preparing at retirement and those who are currently retired.

The class is offered due to a grant to Library Services of Iowa from the Financial Industry Regulatory Authority. The Kendall Young Library is one of 18 libraries in Iowa that received funding for the class. Martin-Schwarze said the class is purely educational and not promotional.

“The information is non-biased and it’s not promoting any particular product or service. It’s just educating people so they can make smart decisions themselves,” Martin-Schwarze said.

An orientation will be held for the class on Jan. 31 at 6:30 p.m. at the library. There will be an evaluation before and after the course so participants and organiz`ers will know how effective the class has been. After orientation, coursework is offered online from Feb. 1 through March 6. A wrap-up session will be held March 7 at 6:30.

Registration is required for this free class. To register, contact Kendall Young Library at 832-9100. The class is open to anyone interested. A Kendall Young Library card is not required. Martin-Schwarze said if someone is not able to attend the orientation, they can set up a time for a one-on-one orientation with a library staff member.

Additionally, the library has received about $500 worth of financial literature and films for checkout by Kendall Young Library cardholders.