Most people aren’t doing what’s necessary to manage their home finances, but they have an opportunity to learn more about doing so Saturday at the Portage County Financial Wellness Fair.

The event takes place at Ravenna High School, 6589 N. Chestnut Street, from 10 a.m. to 2 p.m. and offers a series of presentations on various topics, as well as tables set up where attendees can ask specific questions of professionals in various financial fields. No registration is required.

Portage County Treasurer Brad Cromes said the event could help people who haven’t had the opportunity to learn about topics such as retirement savings, household budgeting, debt avoidance and management, credit scoring and more.

"There is a lot of need in the community for this sort of information," he said. "Fewer than half of people keep a budget or even claim to keep a budget, and less than 30 percent of people are saving for retirement."

Attendees at the event can choose to attend up to four of the 16 half-hour classes offered by area financial professionals, aimed at various topics.

"I pick up stuff at this thing every years," said Cromes, who helped organize the event. "One of the things I think is really interesting is the consumer credit counseling course on debt management. You could do a whole day on that; I think that’s one of the most valuable things we offer."

Other class topics will include the Ohio Consumer Coucil’s office discussing how to save on utilities, insurance, estate planning, mortgages, financial record keeping, gambling, scams and more.

In addition to the classes and tables set up by area agencies and businesses, Cromes said the event will include childcare, door prizes, refreshments, and free transportation from PARTA for those who need it.

Some of adults’ lack of knowledge about these topics probably stems from a lack of instruction in school, he added.

"In Aurora [schools], I believe financial wellness is a required graduation requirement," said Cromes. "In a lot of other areas, you might see it as a topic in a home economics class. We’ve had some conversations with schools on how to do it differently."

He said there is a set of state standards, but they aren’t required, and, even if financial literacy is required, it would probably be "another set of unfunded mandates," he added.

Family and Community Services, Neighborhood Development Services and Portage Community Bank are the event’s major sponsors in addition to Cromes’ office. Other sponsors include Community Action Council, Sloe and Associates, Sutton Insurance, Chemical Bank, Jursa Insurance LLC and Portage Learning Centers.