Financial Literacy & Managing Money
This program is designed to provide adults and teenagers with vital information to build wealth, manage their credit rating and understand how to start a business to achieve financial independence.
This workshop focuses on developing skills and habits to achieve financial independence. This page provides an overview for what will be taught in this 2-hour workshop.
Parents should invite their teen children or grandchildren to attend to learn about money.
Build wealth over time
Most people believe building wealth is for educated or rich people. Building wealth only requires you know key financial metrics, use great tools and plan for the long-term. Anyone can build some level of wealth and can certainly get their children out of poverty.
Build great credit or repair it
Most adults remember learning the hard way, when it comes to maintaining great credit. We all had too many credit cards, lived above our means or didn't have a process to pay the bills on time. There are key things to know in order to have a great credit score.
Budget for long term financial success
Lets face it, no one likes to budget their money. It takes time, patience and hard work but is necessary to avoid issues. If you don't know how much you're spending then your income may not cover your spending. Children require additional cost, so plan well.
Start your own business
Job security was the thing for most baby boomers. Today, businesses lay people off on a continuing basis. Working for 30 years at one company is unlikely or undesired. Young adults prefer to start their own business but don't know what to do or how to do it.
Build wealth over time
01
Understand the top 5 key financial metrics
02
Use a Roth IRA for teenagers
03
Use a wealth calculator to determine how much to save
04
Choose a place to save your money
Build great credit or repair bad credit
Elements that make up a credit score and their percent impact
The worst 5 things that negatively affect your credit score
The top 5 things that strengthens a great credit score
Protecting yourself from scams and money fraud
Budget for long term financial success
Starting your own business
Type of business structures and which one is right for you
Getting started and understanding the legal requirements and IRS rules
Understanding business & financial plans, use a template
Using great resources for websites, social media marketing and brand awareness
Don't miss out on a great opportunity to grow!
Workshops are free and breakfast will be service at no charge