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| Lazaro in front of Camaco manufacturing plant. |
Camaco, the local manufacturing plant that made automotive parts, closed their doors, and more than 215 people lost their jobs. WorkForce requested help for the workers to prepare them for unemployment. Since the plant was closing, workers would need financial planning information that would assist them with everyday decision making. We conducted a Financial Planning Workshop by using Extension’s money management information. Educational information regarding budgeting, credit cards and spending was presented in it. The workshop was held in the breakroom at Camaco. Extension fact sheets on budgeting and credit cards and a Power Point presentation was used to explain how to put their finances in order.
As a result, 215 individuals now understand how to prepare a financial statement and budget wisely. They understand what shape they are in and what needs to be done to stay financially sound. Several people came by the office to request more handouts after the meeting.
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