- Budgeting-The first step to understanding your finances and reach a savings goal.
You will be able to listen to videos regarding budgeting and different techniques on budgeting skills. There are varied of ways to do this, and hopefully you find a budget plan and style that fits your family’s needs.
You will watch videos of the importance of creating a budget sheet. Carefully evaluating what is a need and what is a want. What can you eliminate that will help you achieve your financial goals?
Accurate tracking of necessary fixed and household expenses.
- Emergency Fund Account- Understanding the importance of saving for emergencies.
Focus will be spent on the importance of creating and having an Emergency Fund.
Learn about ways that not having an Emergency Fund can cause a family to fall into financial ruin. How the lack of this fund can bring instability to a family.
Qualifying situations as an emergency. Not all emergencies are equal.
Determine how much your family will need to save and put away in an Emergency Fund
- Breaking Bad Habits – Learning helpful tips on breaking bad habits.
Identify what are bad habits regarding money.
Helpful tips on how to start fostering good habits. Toward money and other areas of your life.
- Motivational– Video choices for motivational speakers
Listen to motivational speakers for inspiration.
Learn helpful tips that you can apply throughout your life.
Will help determine if there are other areas of your life that you would like to work on.
Motivation on knowing that you oversee your future.
- Savings, Savings, Savings -Importance of saving
You will learn the importance of saving and how it will impact your life.
Setting saving goals that fits your family’s needs.
Learn ways to adopt frugal spending habits.
Learn ways to apply conservative spending.
Learn ways to save extra money such as windfall of cash
Adopt a lifestyle were saving is important and the first thing to budget for.
Learn how developing a saving culture can lead to wealth growth.
Giving your children the habit of a saving culture can aid them in their future, plus instill in them a useful, needed habit.
***Developing good saving habits, and the importance of saving videos will be added throughout the other topics. The purpose of this is to help, buy repetition, you develop a conservative spending/wise spending saving habit.