Ladyboss Midwest and Gate City Bank partner to host Money Lab for women – INFORUM

FARGO — Ladyboss Midwest, an organization focused on connecting and empowering women, will host a virtual Money Lab for women from 9-11 a.m. Tuesday, June 15.

Gate City Bank is sponsoring the event, making it free for all attendees. The bank is also supplying speakers for the lab, which will touch on topics such as credit, saving, budgeting and investing.

The Money Lab follows a Marketing Lab that Ladyboss Midwest held this spring.

“With the pandemic, we’ve been finding new ways to engage with folks virtually,” said Laura Caroon, president of Ladyboss Midwest. “We really are trying to lean into that education piece and sharing resources and doing what we can to help empower women in all kinds of different ways. These labs, these workshops, are one way that we feel that we can get a lot of information across in a short amount of time and hopefully be really helpful.”

Laura Caroon is president of Ladyboss Midwest. Photo courtesy of Britta the Photographer / Special to The Forum

Laura Caroon is president of Ladyboss Midwest. Photo courtesy of Britta the Photographer / Special to The Forum

Amanda Torok, senior vice president of culture at Gate City, said the bank leapt at the opportunity to sponsor the event.

“When this opportunity came up, it was just such a natural fit,” she said. “Financial education is a big focus of ours. Giving back to the community just falls right in line with the overall mission at the bank.”

Gate City Bank team members often speak about finance to community groups, which Torok said she sees as an extension of the bank’s charitable giving goals.

“It’s very natural for us to give back in donations, but also really natural for our team members to volunteer… They view this financial education as a volunteer opportunity, too. Wherever they’re asked to go, they’ll gladly accept and will go,” she said.

Topics and speakers are as follows:

  • Better Budgeting: Brandie Haugen will talk about taking control of your money with tips and tricks to simplify budgeting.
  • Saving Money and Setting Goals: Ashley Simmons will share five easy steps to reach your savings goals with basic strategies.
  • What’s Credit Got To Do With It?: Ashton Kusler will talk about how a credit score is determined and what can you do to improve it.
  • The Why, What and How of Investing: Kayla Goetz will talk about how it’s not enough to save. That money should be invested to give savings growth potential.
  • Retirement by Design: Hannah Sorensen will talk about how retirement planning doesn’t have to be complicated. She’ll talk about working towards the retirement you envision by focusing on the items you can control.

To register, visit Ladybossmidwest.com.

Ladyboss Summit

Another event on the horizon for Ladyboss Midwest is its annual Ladyboss Summit, which will be held virtually Thursday, Aug. 5.

The theme for this year’s event is “Flourish.”

“We were thinking about how the pandemic has put a big shadow over 2020 and 2021. … We want to be looking forward, not to disregard what’s happened, but to grow and think positive and be successful.”

Caroon said much of the focus will be on talking about ways to be more inclusive. Speakers will talk about ways to be better co-workers, neighbors and community members.

Caroon encourages those interested to follow Ladyboss Midwest social media channels, where they are in the process of announcing speakers. Many of the speakers will also be featured on the Ladyboss podcast.

Early bird tickets are on sale until July 15 at Ladybossmidwest.com/2021-summit.

Over 7,000 members

Caroon and Danyel Moe launched Ladybosses of Fargo-Moorhead in early 2018 with the goal of hosting a conference that would connect and empower women.

They began by building a Facebook page to gauge support for a Ladyboss Summit. They invited their friends to like the page, who then invited their friends, and so on.

Since then, they’ve hosted several summits, happy hours, craft nights, book clubs and more.

In the spring of 2020, the organization formed a partnership with RR46/Flint Communications and rebranded itself Ladyboss Midwest. Doing so has allowed Caroon to work full time on creating more events, content and membership.

Ladyboss Midwest now has a presence in Duluth, Minn. Caroon said they’re also working to expand into Bismarck and Kansas City, Mo., which has a strong Flint presence.

“With the pandemic, it made it pretty challenging being an event-based organization, but it did force us to figure out how to do more virtual events,” Caroon said. “It’s been a blessing in disguise because we’re more accessible.”

Today, the Ladyboss Midwest organization boasts over 7,200 members. To learn more, visit Ladybossmidwest.com.