SEVCA Offers a Free Workshop Series on Money Management in January
SEVCA is providing a series of 4 Financial Fitness workshops in January to provide training, support and resources to help participants understand personal finance. Workshop topics include: creating a personal, workable budget; reducing debt; setting personal goals; modify spending; basics of banking; plus credit and repair.
Workshops are free to Vermont residents. SEVCA will provide a gift card cash incentive to those Vermont residents affected by Covid who attend all three workshops on Budgeting and Credit. Courses will be offered on Zoom, an online platform. Additional counseling is available to attendees.
If you are unable to attend the January sessions yet are interested in future workshops, send Diane an email or call our office to be added to the list of future potential participants. These courses are regularly offered by SEVCA.
Zoom Workshop dates and time for January 2021:
Workshop 1: Jan 5th: 10am-11am or Jan 6th: 6pm-7pm
Workshop 2: Jan 12th: 10am-11am or Jan 13th: 6pm-7pm
Workshop 3: Jan 19th: 10am-11am or Jan 20th: 6pm-7pm
Workshop 4: Jan 26th: 10am-11am or Jan 27th: 6pm-7pm
Workshop 1: Take Control of Your Money – Start by Creating a Budget
Date: Jan 5th: 10am – 11am OR Jan 6th: 6pm - 7pm
Understanding and tracking the details of your financial situation is the start to making better money decisions and building a more secure future. When life situations change, and it often does (job loss, moving, illness, birth of a child, new job, divorce, etc.) it’s again time to review how to manage your money. This workshop will help you take control of your money by taking the first step by...creating a budget. We’ll learn what a budget is, why use it, and create a budget step-by-step.
Workshop 2: Review Your Budget - Set Your Goals
Date: Jan 12th: 10am - 11am OR Jan 13th: 6pm - 7pm
Participants will be referring to the budget created from workshop 1. With the awareness of the ins and outs of where money is going, the next step is to identify goals. Examples are: paying off debts, saving for a car, or managing holiday expenses. Creating a plan and taking control of income and expenses helps achieve goals. We’ll focus on successful strategies to achieve goals by using ways to lower expenses and to increase income, and what to do with bills you can’t pay.
Workshop 3: Credit Cards – Tame the Credit Card Beast
Date: Jan 19th: 10am - 11am OR Jan 20th: 6pm - 7pm
Let’s face it, credit cards make life more convenient. But when credit cards are overused, they become a trap and one of the biggest barriers in reaching financial goals. The average Vermont household carries a balance of $5,400 in credit card debt. This workshop reviews credit: The do’s and don’ts of credit, how to avoid credit traps and ways to get out of credit card debt. We’ll also learn about the infamous “Your Credit Score”, why is it important, what affects it, and how to improve it.
Workshop 4: Banks and Credit Unions – Banking Basics
Date: Jan 26th: 10am - 11am OR Jan 27th: 6pm - 7pm
Where money is kept, whether it’s in a bank, credit union or under the mattress, does affect finances. This workshop explains the differences between banks and credit unions plus describes the accounts, benefits, and services (and fees) that they offer. We’ll look at checking accounts, debit cards, savings accounts, loans and interest rates. We’ll also look at “Instant Cash” payday loans.