Helping women gain financial independence

The Savy Sisters non-profit will be doing a presentation at the library.

The Sun

The Mullica Hill library will host a Women’s Financial Independence workshop on Wednesday, March 13, from 7 to 8:30 p.m.

The workshop will be led by Roxie Patton of Savvy Sisters, a volunteer nonprofit that offers women insights and advice on how to achieve financial independence without income from a job.

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The event coincides with Women’s History Month in March.

“The volunteer organization is dedicated to uplifting and empowering low-income women by providing free, comprehensive financial literacy workshops,” said Adult Reference Librarian Debbie Drachman.

According to the Center for American Progress (CAP), women in 2022 were found to be less likely than men to gain financial security. A study also concluded that women were less likely than men to pay the full amount of their bills on time.

The same research showed that women were less likely than men to be able to cover three months of expenses with emergency savings, and more likely than men to increase their credit card debt. A number of factors affect those numbers, including a wage gap that still exists between genders.

Thus the need for advice from Savvy Sisters, according to Drachman, which not only teaches women to be self-sufficient, but also offers a community where females can support each other.

“Their mission is to equip women with the necessary tools and knowledge for financial independence and self-sufficiency,” Drachman explained, “fostering a supportive community where all women, regardless of their economic background, can thrive and achieve financial empowerment.”

The event is free to any woman in the area regardless of age or current financial situation. A library card is not required, but participants are asked to register at the GCLS website since space is limited. They will need to provide emails and phone numbers.

“Regardless of your financial situation or age, all women can benefit from learning new skills in debt reduction, budgeting and savings,” notes the Harrison Township website.

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