Family Financial Education Class

Family Financial Education Day

Join experts in personal and small business finance for a half-day workshop focused on managing personal finances while balancing the needs of family life. Designed for parents, caregivers, and individuals who want to provide a strong financial foundation for their families, make informed financial decisions, create sustainable financial habits, and building long-term wealth.  Through a combination of education, practical exercises, and open discussions, participants will gain the skills needed to manage their finances more effectively, reduce debt, save for the future, and plan for unexpected expenses.

Workshop participants will gain:

•         A better understanding of how to manage family finances, save, and reduce debt.
•         Practical tools to create and maintain a family budget.
•         Confidence in making informed financial decisions.
•         Improved financial security and future planning

Key Topics Covered:

1.       Financial Goal Setting: Learn to set short- and long-term goals, create a family budget, and align goals with resources.
2.       Budgeting Basics: Track income vs. expenses, build a monthly budget, and use tools to monitor spending.
3.       Debt Management: Understand types of debt, repayment strategies, interest rates, and credit scores.
4.       Saving & Emergency Funds: Build an emergency fund, save for future expenses, and automate savings.
5.       Investing for the Future: Explore investment options, retirement planning, and balancing risk vs. reward.
6.       Insurance and Protection: Learn about health, life, and other insurance as part of financial planning.
7.       Building Credit & Managing Loans: Improve your credit score, understand credit reports, and manage loans.
8.       Teaching Financial Literacy to Kids: Share age-appropriate lessons, encourage good habits, and use chores or allowances to teach budgeting.

Format:

•         Duration: 3 hours
•         Interactive Activities: Budgeting exercises, debt repayment simulations, group discussions.
•         Guest Speakers/Experts: WBC counselors, BMO Bank Representatives

Q&A Sessions: Open time for families to ask questions and receive personalized advice

Materials Provided:

•         Printable budget templates and worksheets.
•         Access to online resources and budgeting tools.
•         Recommended reading and further financial education materials.

“Funded in part through a Cooperative Agreement with the U.S. Small Business Administration.”

Reasonable accommodations for persons with disabilities and/or limited English proficiency will be made if requested at least two weeks in advance. To request accommodation or language assistance, please contact the Women’s Business Center to discuss your needs