Most FPA members know that October is Financial Planning Month. One Saturday in October, FPA of Silicon Valley hosts a free Financial Planning Day clinic, at which planners with different areas of expertise provide one on one financial planning advice to the public. Seminars covering topics from budgeting to retirement and investments, are also available on Financial Planning Day.
Financial Planning Day is well-attended by our volunteer planners and is greatly appreciated by those who attend looking for financial planning advice.
Foster Youth Project, San Mateo County
In 2009 Project Managers Mark Clark and Sandra Wales, CFP® started working with StarVista to provide financial literacy training to the foster youths in their program. Initial training for the youth was provided in a two day workshop and it is expected that the program will run similar to the Santa Clara program.
Holiday Food Drive / West Valley Community Services
Since 2006, Silicon Valley FPA has sponsored a holiday food drive and has donated over $4,000 to WVCS Food Bank.
West Valley Community Services, Inc. (WVCS) is a private non-profit, community-based agency that has been providing direct assistance and referral services to the west valley communities of Santa Clara County for over 35 years. WVCS provides a continuum of basic needs, family support services and housing services including: information and referrals, food pantry, clothing, rotating shelter, transitional housing, affordable housing, emergency financial assistance, family resource and support programs, and case management services. WVCS serves the west valley communities of Cupertino, Los Gatos, Monte Sereno, Saratoga, West San Jose and the unincorporated mountain regions.
The FPA Silicon Valley chapter continues the fantastic work with military families at the local Navy Operational Support Center.
Seminars are provided during the reservists’ drill weekends on various topics such as investments, insurance planning, and managing credit. As needed, one-on-one consulting and financial planning for individuals, is scheduled on Saturdays of the monthly drill weekend. The Project Manager for this program is an FPA member and CFP® professional who is also a military reservist. The program has been running since 2006 and has served over 400 reservists and full-time military personnel.
An informational manual was developed to assist civilian financial planners in understanding military issues and culture, and has been shared with the Financial Planning Foundation for publication and distribution to all chapters that would like to develop a similar program, including a program already underway in San Diego. The Project Manager has developed an active liaison with the Office of the Secretary of Defense’s Office of Personal Finance and Transition (Military Community and Family Policy).
Special Needs Outreach is a fledgling project. Project Manager Kevin Wu and Oskar Vierny have identified a group that could benefit from seminars and planning due to this group’s special circumstances.
Santa Clara County Library District developed a pilot program in conjunction with the FPA of Silicon Valley to help individual investors build their financial knowledge and provide them with essential tools to better understand the markets and basic principles of saving and investing. Seven libraries are involved in the program from January through March 2013. Our presenters must be CFP® professionals and have interest and preferably experience in presenting financial planning topics to the public.
Sunnyvale Library is continuing to support FPA library project. New “Fresh Start” program in 2013 will include FPA educational workshop in their curriculum. Workshop schedule is TBD.
United Way / Silicon Valley Credit Coaching Program
The United Way Credit Coaching Program provides a rewarding skill-based volunteer opportunity for interested community members while also providing needed financial mentoring to low income individuals and families in Santa Clara County. The goal is for volunteers to support individuals and families in the community to improve their credit and financial management skills. Training is provided. Click here for more information about the program and how to volunteer.