Mind Your Money Mondays in April!
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Collapse ▲Join N.C. Cooperative Extension, Granville County and Vance County Centers in April for Mind Your Money Mondays! This April, embark on a journey towards financial empowerment with our series of workshops designed to equip participants with essential knowledge and practical skills to manage their finances effectively. Each Monday, we’ll delve into different financial topics, helping participants build a solid foundation for a secure financial future.
Week 1: Tackling Debt
Join us for our first workshop where we’ll tackle the daunting issue of debt. Learn the art of budgeting and discerning between needs and wants. Discover the difference between good debt and bad debt, and gain insights into making informed financial decisions. Benefit from expert advice from seasoned financial advisors to help you navigate your way to financial freedom.
Week 2: Food Budgeting
Rising grocery costs got you feeling the pinch? In our second workshop, master the art of shopping on a budget. Explore strategies for saving, comparison shopping, couponing, and stretching your food budget further without compromising on quality or nutrition. Say goodbye to overspending on groceries and eating out as you learn practical tips to keep your food expenses in check.
Week 3: Credit Scores and Vehicle Loans
Dreaming of owning your dream car? Understand the crucial role of credit scores in securing vehicle loans. Learn how to manage your credit effectively and avoid pitfalls like buy here/pay here schemes and payday loans. Our workshop, in collaboration with the Credit Union, will guide you through the process of leveraging banking services to finance your vehicle purchase responsibly.
Week 4: Housing
Whether you’re considering renting or buying, our housing workshop has got you covered. Gain insights into the essentials of purchasing a home and explore available programs to assist with down payments. Join CHOEDC as we demystify the home-buying process and equip you with the knowledge to make informed decisions regarding your housing needs.
Week 5: Retirement
It’s never too early to start planning for retirement. In our final workshop, explore the world of retirement savings, including employer 401(k) plans and various retirement options. Discover cost-effective ways to invest in your future and lay the groundwork for financial security in your golden years. Learn about life insurance policies, Roth IRAs, and other essential tools for building a robust retirement portfolio.
As adults are navigating their workshops, each week, young participants will have the chance to acquire these crucial skills in an interactive setting. Utilizing the Real Money, Real World curriculum, youth will delve into fundamental money management principles during workshops. Following this, they will engage in a spending simulation, mirroring real-life lifestyle and budget decisions that adults encounter daily. This hands-on approach ensures practical learning and empowers youth to navigate financial challenges confidently.
Don’t miss out on this invaluable opportunity to enhance financial literacy and take control of your financial future for you and your family. Join us every Money Monday in April and embark on a journey towards financial wellness. Register now and invest in your financial well-being today!