DSTS to host financial workshop

The Delta Sigma Theta Sorority, Inc., is hosting a financial workshop at the Delta Center on Cottrell Street, from 10 a.m. - noon, Saturday, Jan. 12.
Staff Writer

After the holidays, almost everyone can use some advice on handling their finances. The Alumnae Chapter of the Delta Sigma Theta Sorority, Inc., is providing the opportunity with a free financial workshop, from 10 a.m. - noon, Saturday, Jan. 12, at the Delta Center on Cottrell Street.

The Delta Sigma Thetas offer workshops each month that they believe will be of interest and provide information to the community.

“We try to provide a workshop that coincides with what the community may need, depending on the time of the year,” Jeanise Andrews, chair of the Economic Development Committee of the DSTS, said. “With people coming out of the Christmas season and about to file income taxes, start a new semester of college or thinking about their finances, we thought January was a good month for this workshop.”

Wilma Peterson, budget manager for Mississippi State University, will be the speaker at the workshop.

"Everyone needs to understand how to budget,” Andrews said. “We would love to have high school seniors and college-age students come and learn not only about budgeting their money, but basic things like how to write a check.”

Andrews said they no longer teach these basic skills in high school. This workshop would give young people the perfect opportunity to learn these and other skills necessary to understanding finances.

"Most young people don't know how to open a bank account for themselves,” Andrews said. “We want to give people the tools they need to handle their finances. But learning how to budget can benefit everyone, not just young people.”

Keeping up with income and seeing spending habits can help people stay within their means.

"We would like people to know how much money they have so they don't overdraw on their bank account,” Andrews said. “A lot of people don't understand that causing an overdraft of a few dollars can cost them upwards of $90 in fees. You don't know that if no one tells you and explains how it works.”

Refreshments will be available at the workshop.

The Delta Sigma Theta Sorority, Inc., take serving their community very seriously and are happy to offer free, informative monthly workshops throughout the year.