Upcoming Program Examines Financial Affairs of U.S. Presidents

Every U.S. President is known for their time in office. But how did they handle their finances after they left the White House?

East Brunswick Public Library (2 Jean Walling Civic Center) hosts the online program “The Financial Affairs of the U.S. Presidents” on Thursday, February 17 at noon. This program is part of the library’s monthly “Take A Business Break” program series.

This entertaining lecture explores the financial lives of the forty-four former presidents. Of these, eight died in office; 36 survived their terms, one became a drunk, two bankrupt, one a traitor, one a Congressman, another a senator, and one became the Chief Justice of the Supreme Court. Some remained involved in politics and tried to run again for president, while one succeeded in winning a nonconsecutive term.

Many sold their name and notoriety. One thing they all had in common after their terms were completed--they no longer lived rent-free in government housing and they had to make a living. This program will look at their financial affairs, their investments, and the everyday financial and health problems they encountered. Some of their problems can be related to issues people confront today but without the celebrity status. This will be an interesting, yet practical, trip through history with an extensive handout provided to attendees.

“The Business & Financial Affairs of George Washington” is presented by Edward Mendlowitz, CPA. He is emeritus partner at WithumSmith+Brown, PC and is one of Accounting Today’s 100 Most Influential People. Ed is the author of 29 books and has written over 1500 articles and blogs and developed and presented over 350 speeches to accountants and general audiences. He is a licensed certified public accountant and is accredited by the American Institute of Certified Public Accountants (AICPA) in business valuation and as a personal financial specialist (PFS). He teaches courses on financial analysis and managerial accounting in the MBA program at Fairleigh Dickinson University.

This program is free and open to the public. Registration is requested for this free online program; to register, go to www.ebpl.org/calendar or call 732-390-6767.