Greetings and welcome to the Community Renewal Team (CRT) 2018 Financial Literacy Institute.
Over the coming weeks, together, we will explore the many facets of money management. Our intent is to provide you with a learning experience that results in your graduating our institute with new eyes, thoughts, and intentions with respect to your financial future.
In this regard, please post 1 - 3 reasons why you decided to participate in this financial literacy institute.
~Elizabeth Horton Sheff
*To understand the various ways in which I can increase my income so I can enjoy life and not struggle.
ReplyDelete*To learn more about stocks, bonds and all that is out there to learn about as a means to increase my income.
*To learn more about retirement funds/life insurance to ensure a comfortable future.
Welcoming Everyone to 2018 CRT Financial Literacy Institute blogger. It will be a phenomenal experience that you will never forget. Welcome All!
ReplyDeleteThank you and looking forward to the experience!!
DeleteTo learn how to pay off my credit card dept.
ReplyDeleteTo learn to save some money.
To learn how to budget.
I too am here for the same reasons, i think this class will be very helpful to us.
DeleteHey Nancy,
DeleteI will also want to learn how to save money, I think is important to have an emergency fund.
There are many reasons why I made the decision to participate in this financial Literacy Institude but the most important ones are as follow:
ReplyDelete1. The need to understand better ways to increase and properly manage my finances.
2. The need to learn a better way to get out of debt and stay out of debt.
3. Learn effective ways to plan for retirement.
A recent conversation with my co worker, made me realize that I don't have much knowledge on planning for retirement. That's also something I want to learn more about!
DeleteThe reason why I decided to participate was because of where I am in life. I just started living independently and I realized that my financial knowledge was low. I really hope to learn more about budgeting in all aspects: creating, maintaining, and balancing. I hope to understand taxes better, knowledge on building credit and reducing my debt.
ReplyDeleteCongrats on living independently! Yes, learning these financial skills will help with that!
DeleteSounds wonderful Sarah!
DeleteI joined this class because I want to start my own business and I know that I need a lot of help with money management. I have two boys, and I would like to be financially stable and pass these tips to them to help prevent these same mistakes I've made with money.
ReplyDeleteI have a small business of my own selling beauty and health care products like bath bombs and sugar scrubs and my brother has a clothing line of his own. What did you want to get into? maybe I can help.
DeleteLatoya Malcolm
ReplyDeleteThe reasons I decided to join this class are:
1) To learn how to budget and how to make budgeting sustaibanle
2) To learn how to save and invest my income strategically
3) To learn about basic money management because no one has ever explained this to me before and I hear pieces of information passed down from person to person and I do not know if this information is correct.
They should teach this stuff more in debt in high school don't you think? I agree with all those you mentioned, I want to learn the same. Especially about investing (that I know so little about)
DeleteGood evening,
ReplyDeleteI have decided to join this class because I wanted learned how to be financially stable. I want learn how to be dept free and stay dept free. I want learn how to start a saving for retirement. Also, I want to be able to set financial goal and learn skill to achieve my goals.
Same for me Jackie, learning more about debt is important to me to. How to minimize it, and stay debt free.
DeleteHey Sarah,
DeleteYes, keeping myself dept free is important, sometimes I keep finding myself in the same cycle, of paying off my bills then in dept again.
Hi Jackie,
DeleteThank you for sharing...like many of us we are in the same boat...
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ReplyDeleteYou made some great points! I also am dedicated to living a better quality of life. I want to retire happily and live debt free!
DeleteHello ladies, im very excited and looking forward to working with you all as a team. We all come from many different walks in life. However, we all share the same goal and that is to strive, to become debt free, to better manage our hard earned money. There are many more reasons but at the end of the day they all lead to a better quality of life. We can do this, just remember if is hard thats because is worth it. We got this!
ReplyDeleteI totally agree, I think that with support and commitment we can eave this class with knowledge and growth, and new friends as well.
DeleteI am participating in this program so that I can learn how to budget my money, learn investment skills for retirement and to learn the skills to eventually become a homeowner.
ReplyDeleteI too want to become a homeowner also hopefully we can learn some tools to help fix credit lol because I know that would help me out a lot if you don't know any your self?
DeleteHello everyone,
ReplyDeleteSorry I'm so late but I still want to put in my two cents. The reasons why I decided to participate in the Financial Literacy Institute are
1 I feel I didn't get any financial help on anything in my whole life, and I feel I should have, I'm only 26 so I thought what a great opportunity
2 I have a small business of my own already and I want to learn how to make my money work for me instead of spending and not growing
3 I want to teach what I've learned to my daughter when the time is right
Shacoya your never late. Its a great thing that at 26 you already have your own business. Im already proud of you. Im glad you decided to join the team. Wanting to teach your daughter all the knowledge your looking forward to learn from this journey is wonderful. My daughter is your age, shes a big spender and it did not ever cross my mind to pass it on to her. The best way to learn is from each other.
DeleteQuestion 2: Last evening class focused on the psychology of money. Take the Moneyharmony quiz located at this link:
ReplyDeletehttps://www.moneyharmony.com/moneyharmony-quiz
After completing this fun quiz, share your Money type with our class.
This quiz is an eye opener: I'm Hoarder. (OMG!)
ReplyDeleteThis quiz sure is an eye opener. Im a spender. I just have to figure out "on what" all I pretty much do is pay bills. Im just glad I enrolled in this class because I need help
ReplyDeleteLaura, we will supply you with all the necessary tools to achieve your goal and continue to rise up higher and be successful in everything you do.
DeleteThank you Eileen, im already starting to hesitate when ready to spend or give lol... And it kinda feels good
DeleteIt was an eye opener for me as well. I appreciate being able to pinpoint exactly how I feel and know I am not alone in my way of thinking bout money.
DeleteGood Morning everyone, ok so let me start by making this statement. I am in this class to learn how to budget and keep track of my finances. I took the quiz , based on my answers I am a Money Avoider which makes total sense to me for interesting reasons described in the charactoers of Money avoider. Especially the math part. Pay Credit Card more than min balance not in my senior citizen life time. Maybe after this class I hope yes I can see a new door to open and pay more then min payment and get out of debt. Now on to Alison. Have a good day everyone.
ReplyDeleteYou will succeed in everything that you put your heart to do. It's an amazing experience and will have the tools to rise up higher and achieve all your goals.
DeleteIm with you Nancy
DeleteOn the same boat as you Nancy. Money stresses me out, so I do try to not think about it a lot, and do tend to avoid that!
DeleteThank you Eileen, Laura, & Sarah along with the rest of our class together we will succeed. Thanks for your support.
DeleteHas anyone completed Module 1 in Alison?
Hello Nancy and fellow students. I completed module 1 and it turned out to be that Im a spender. Am I surprised ofcourse not. However, this module confirmed to me what I was denying for many years. Because I always managed to pay my bills, help others and still have a few dollars left I felt that I was good at budgeting. Hahaha! Gotta laugh at my self. Silly me. All I know is that I have alot of work to do. But with confidence and commitment I know you and I and the rest of the class will reach our goal.
DeleteI wasn't expecting to be a Money Avoider, but after reading the description, that's pretty accurate. Future planning and saving is so daunting to me. Not knowing much about my money stresses me out, so my defense is just to ignore it or avoid it for as long as possible. Having the "tomorrow I will be more wiser" mentality has been my cop out. At least in this case, because I started taking this class, it will actually be true!
ReplyDeleteHello Sarah, you as well will have the strength to overcome every obstacle that crosses your path. You will achieve it and master it as time goes by. Money is needed to survive. It doesn't make you to the person that you are today and will continue to be.
DeleteHi Sarah! It's really easy to get to things "tomorrow" but the issue is tomorrow may be too late. What I noticed in my experiences is that it is lack of education that makes us procrastinators. We don't know the best first moves or where to start so we put things off. However, once we get educated and understand processes we are more excited/less afraid to get started and get a handle on things. Taking this class is a great first step to not being such a money avoider (which I tend to be a lot). Together we can break the cycle of "tomorrow" by getting educated!!
DeleteI can appreciate that Shenice. We are making steps to getting our of the cycle of "tomorrow"!
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ReplyDeleteI got hoarder. What they said was pretty accurate. I need to have a better balance.
ReplyDeleteWhat are the "characteristics" of being a money hoarder?
DeleteI'm a Money Monk and 2 responses away from an avoider. It makes so much sense to me. I really wish someone could just do all my finances and invest in a socially responsible company. Even the thought now typing this is overwhelming.
ReplyDeleteWelp, at least you're not n avoider! That shows a lot about my future :(
DeleteI am an Avoider. I will not argue that. I overwhelmed thinking about my future and investing. I don't really understand anything with money, its embarrassing!
ReplyDeleteThe reason I decided to join this class is: (A) to learn to better manage my money, (B) to learn a better budget system than what I have, and (C) to increase my savings, pay down my debt and hopefully buy a house at some point.
ReplyDeleteBuying a house is a very big goal I do believe you can do it and I'm glad that you are taking these steps for your future
DeleteI'm taking this class in hopes to better my life. I have the basic understanding of credit and saving but I need to better put things into place, learn better ways to approach my money matters, to save positively for the future and to learn to prepare my kids for financial obstacles
ReplyDeleteI'm taking this class for better life for myself, I need to start taking care of me, this class will give me a better look at me
ReplyDelete