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MEETING INFO

We meet Thursdays at 11:45 AM
Wakonda Club
3915 Fleur Drive
Des Moines, IA  50321
United States

Phone:
(515) 244-6028
Fax:
(515) 244-6083
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December 2017
S M T W T F S
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President Jamie Boersma called the meeting to order at 12:10pm with a hearty “Good morning!”.  She was also dressed in her cheery white holiday attire.
 
Susan Moritz provided many quotes from dignitaries about money in honor of our speaker.
Yogi Berra says, “A nickel ain’t worth a dime anymore”.
J. Paul Getty says, “My formula to success is rise early, work late and strike oil.”
Malcolm Forbes says, “I made my money the old-fashioned way.  I was nice to a wealthy relative before he died.”
 
Colleen Rogers introduced guests and visiting Rotarians:
New members Warren Phillips and Jack Lashier were introduced.
 
Matt Busick reviewed information about Rotary Youth Exchange Program.  The club is targeting host families from Roosevelt and Valley schools.  Host families do not have to be Rotarians and the obligation to host a student is for approximately three months.
 
Becky Greenwald introduced our keynote speaker Zach Steele.  Zack is vice president of the Solidarity Foundation.  He was also joined by his Rotarian wife, Emily.
Zack shared stories of how people get credit when they need short term lending.
 
Airline credit card
Payday lending
Black market lending
 
What is the result in using the three options?
Airline credit card – return $40
Payday 433% APR
Black market – 365% APR
 
 
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