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KMART HOSTS MONEY MANAGEMENT SEMINARS FOR WOMEN

 TROY, Mich., Oct. 18 /PRNewswire/ -- The new Bloomfield Hills (Mich.) Kmart will present free financial seminars for women on Oct. 26 from 2-4 p.m. and 7-9 p.m. "Money Management for Women of the '90s" will emphasize methods to organize home financial records, as well as include tips on talking with the family about money matters, saving for future goals and consumer credit rights.
 The program, jointly designed by Kmart (NYSE: KM) and the National Institute for Consumer Education (NICE), will be conducted by Patricia Bonner, Ph.D., associate director of NICE.
 Participants will receive a complete portfolio which will help them to better manage their money after the seminar.
 "Kmart is proud to bring this program to Bloomfield Hills," said John Killmar, Kmart manager. "We realize our customers are very budget conscious and time pressed. Learning how to better manage money helps them to become more effective consumers."
 "Today, women are taking a larger part in managing their personal and family finances," said Bonner. "Many women, however, are not comfortable with this role. 'Money Management for Women of the '90s' will help today's busy woman learn the basics of smart financial management."
 Bonner's experience in consumer education spans more than 20 years. Prior to joining NICE in 1991, Bonner worked as a consumer information specialist for the U.S. Consumer Education Center in Washington, D.C., where she helped develop and promote consumer publications.
 The National Institute for Consumer Education is a professional development center for educators and strives to strengthen and promote consumer education in the nation's schools, workplaces and communities. NICE has been located in the College of Education at Eastern Michigan University since 1973.
 Kmart operates nearly 4,000 retail outlets in all 50 states in the United States, and Puerto Rico, Canada, the Czech Republic and Slovakia. Kmart, currently operating 2,400 Kmart stores, is the parent company for PACE Membership Warehouse, Builders Square, PayLess Drug Stores, Waldenbooks, The Sports Authority, OfficeMax and Borders.
 MONEY MANAGEMENT FOR WOMEN OF THE '90S
 Financial Management Tips
 AUTOMOBILE
 TIP: Consider more than one option when financing the purchase
 of a car.
 CHECKING AND SAVINGS
 TIP: Make sure your bank accounts are federally insured.
 CREDIT
 TIP: Establish your own credit history and check it regularly.
 HOUSING
 TIP: Save all your home-improvement receipts.
 INSURANCE
 TIP: Watch out for too much and too little insurance.
 -- Check your deductibles
 -- Insure your home's replacement cost
 -- Even tenants need property insurance
 -- Adequately insure your economic contribution through life
 and disability insurance
 -- Drop narrow policies you don't need
 EMPLOYMENT
 TIP: If you lose your job, you may still be able to purchase health
 insurance through your former employer.
 ESTATE PLANNING
 TIP: Prepare a will and identify who has the authority to make
 decisions if you are unable to do so.
 TAXES
 TIP: Keep tax records forever.
 -0- 10/18/93
 /NOTE TO EDITORS: Patricia Bonner, Ph.D., is available for interviews. To set up an interview, call Teri Kula at 313-643-5831. The Bloomfield Hills Kmart is at 2101 Telegraph Road, 313-335-7844./
 /CONTACT: Teri Kula of Kmart, 313-643-5831/
 (KM)


CO: Kmart Corporation; National Institute for Consumer Education ST: Michigan IN: SU:

SB -- DE008 -- 3248 10/18/93 09:45 EDT
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Publication:PR Newswire
Date:Oct 18, 1993
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