Most of us grew up with an older person in our lives that told us to save for a rainy day but most of us don’t do it. Some of us aren’t sure what specific steps we need to take to get our financial house in order. Some of us know what to do but need a reminder every now and again.
During the 11 years I’ve been working as a financial education speaker I’ve come across lots of folks that want to work with me one-on-one but can’t afford the fees. I’ve been trying to figure out how to reach the largest amount of people and I think I’ve figured it out. I’ve created a five week financial education accountability group. We’ll work, as a group, on increasing our credit scores, understanding any loan products we might have or are looking to get, and beefing up our emergency savings and retirement accounts.
Here’s how it works:
#1 You register for the 5 week program and get access to the EMPOWERED private Facebook group.
#2 You open and read an email every week detailing one aspect of personal finance.
#3 You complete the action step for the week.
#5 You participate in the weekly private Facebook group chat.
#6 You build the life you want.
5 Week Financial Education Accountability Group Overview
April 22nd – May 26
Week 1 – Paying Yourself First
Provide apps to create a spending plan
Week 2 – Bank with a Credit Union
Find out if joining a credit union would benefit you
Week 3 – Invest
Commit to starting, or increasing, your retirement contribution
Week 4 – Understand PIL
Look over your current loans and consider refinancing
Week 5 – Understand Your Credit Scores
Pull your credit reports and correct any mistakes
Why It Works
Knowing that you have a group of people cheering you on from the sidelines helps you do what you know you need to do.