Money Matters - Personal Financial Management

Overview

This 6-week course will guide participants through the foundational principles and practical strategies of managing personal finances. The course is designed to help individuals take control of their financial well-being, including budgeting, saving, investing, debt management, and long-term financial planning.

Session 1: Money Mindset: Introduction to Personal Financial Management

Session 2: Budgeting for Success: Managing & Eliminating Debt

Session 3: Banking: Saving and Buliding Emergency Fund

Session 4: Real Estate: Homeownership/ Investment Property

Session 5: Introduction to Investment/ Retirement

Session 6: Trust & Estate Planning

Why Attend?

• Subject matter experts sharing relevant and practical strategies.
• Fun and interactive Q&A sessions.
• Tools and resources you can use immediately to reach your financial goals.

Don't delay! Register and take control of your financial well-being!

Class Dates

February 23, 2025 - Session 1

March 9, 2025 - Session 2

March 23, 2025 - Session 3

April 6, 2025 - Session 4

April 27, 2025 - Session 5

May 4, 2025 - Session 6

Info: Objective: Diving into the beliefs, attitudes, and thoughts about money and how they influence our financial behavior. Unstanding the basics of personal finance and the importance of financial planning.
Topics Covered:
What is personal finance and why is it important?
5 Types of Money Mindset: Abundant, Scarcity,Fearful, Procrastinating and Giver
Shifting the Mondy Mindset
Overview of financial management concepts (budgeting, saving, investing, debt).
The financial lifecycle: Income, expenses, savings, and wealth accumulation.
The role of financial goals in personal financial management.

Info: Objective: Learn how to create and manage a budget that aligns with financial goals. Develop strategies to manage, reduce, and eliminate debt.
Topics Covered:
The importance of budgeting: Understanding your cash flow.
Types of budgets (zero-based, 50/30/20 rule, etc.).
Tracking expenses and distinguishing between needs vs. wants.
Types of debt: Good vs Bad
Understanding credit score and reports
Strategies for paying off debt

Info: Objective: Banking effectively; understanding the importance of saving and how to build an emergency fund.
Topics Covered:
How to Bank responsibly.
The purpose of an emergency fund and how much to save.
Short-term vs. long-term savings goals.
Strategies for automatic savings.
Understanding different types of savings accounts (high-yield savings, CDs, etc.).

Info: Objective: Understanding the Home buyer process: First-Time Home Buyers/ Investors/ Sellers
Topics Covered:
Preparing and Understanding the Home Buying Process/ Selling Process
Financing Options
Home Inspections & Appraisals
Closing the Deal: What to expect

Info: Objective: Learn the basics of investing and preparing for retirement
Topics Covered:
The power of compound interest and the importance of starting early.
Investment options: Stocks, bonds, mutual funds, and ETFs.
Risk vs. return: Understanding your risk tolerance.
The role of asset allocation and diversification in investment strategies.
The basics of retirement planning

Info: Objective: Understand the importance of long-term financial planning
Topics Covered:
Planning for life events (emergency expenses, healthcare, etc.).

Host or Publisher Grace Fellowship Ministries - 7th Day