The Basic Principles of Money Management

Money Management is understanding how to prepare a budget and stick to it can help you avoid getting derailed with your finances — or get you back on track. Budgeting is the key to knowing how much money you have coming in and going out every month and can help you live with less financial stress.

A few things you will learn in this workshop include:

• Why budgets are important
• How to assess your financial situation accurately
• Reducing and/or Eliminating expenses
• How to prepare a budget
• Defining needs vs. wants — and saving for things you want

If you seek to get that new home, car, or even to obtain a job in certain industries, it is encouraged to take advantage of these opportunities it is completely FREE!!!

For more details, please reach out to our Sr. Financial Coach, Tanya Matthews, at tmatthews@ulec.org or 973-624-9535 x273