This 2-hour workshop is designed for individuals who want to build a strong financial foundation by learning how to create and stick to a budget. Whether you’re new to budgeting or looking to refine your skills, this workshop will guide you through the essential steps of managing your money. Participants will learn how to track income and expenses, understand the difference between fixed and variable costs, and explore different budgeting methods, like the 50/30/20 rule. By the end of the session, you’ll have the tools and confidence to set up and maintain a budget that works for your financial goals.
Topics to cover:
The basics of budgeting
Understanding fixed vs. variable expenses
How to set up a budget in a spreadsheet or app
Tips for staying on track with spending
Workshop Goals:
- Master Budgeting Basics: Teach participants the fundamental principles of budgeting, including how to track income, categorize expenses, and set financial goals.
- Differentiate Expenses: Help participants understand the difference between fixed and variable expenses and how to allocate money to each category effectively.
- Use Budgeting Tools: Show participants how to create and manage a budget using simple tools, such as spreadsheets or budgeting apps, to make tracking and adjusting easier.
- Stay on Track with Spending: Provide practical tips and strategies for sticking to a budget, overcoming temptation to overspend, and making adjustments when necessary.
By the end of this workshop, participants will have a clear understanding of how to build and maintain a budget, along with actionable steps to track their finances more effectively. They’ll leave with a personalized budgeting plan, the knowledge to manage both fixed and variable expenses, and the tools to stay financially organized and on track toward their goals.
Please be advised that we are not licensed financial advisors, and the information we provide should not be construed as financial advice. All materials, tools, and content shared are intended solely for educational purposes. Our services are grounded in financial education based on personal experience, thorough research, reputable sources, and historical trends. We strongly recommend that you perform your own due diligence and seek guidance from a licensed financial advisor prior to making any financial decisions. While we believe in the value of the products and services we offer, financial education is a dynamic and evolving field. No single resource or perspective should serve as the sole basis for your decisions. It is also important to recognize that financial strategies carry inherent risks, and there is always the potential for financial loss. We encourage you to approach your financial decisions with careful consideration and due caution.
Budgeting Basics: Building Your Financial Foundation Workshop
Each workshop will be hosted via Google Meet for a duration of 2 hours. The participant who booked the workshop can select a convenient time from our available slots on the scheduling calendar.
This purchase includes participation for up to 4 individuals.
The workshop will be structured as follows: 1.5 hours will be dedicated to a live PowerPoint presentation delivered by one of our experienced education instructors. The session will be interactive, with real-life examples to enhance learning. After the presentation, participants will receive the PowerPoint slides along with a one-page resource guide summarizing the key points covered in the session for future reference.
The remaining 30 minutes will be allocated for a Q&A session, where participants can ask questions. Any questions that cannot be addressed within this time frame will be noted, and we will follow up to ensure all inquiries are answered.
Please note that classes may be recorded. If you prefer not to be recorded, kindly inform us in advance.