Budgeting Basics
The overall goal of this course is to put YOU, the participant, in charge of your financial future. CAAB’s goals over the next 5 weeks (August 2 - September 6) are to:
- help you to understand the relationship between money, wealth, and financial independence;
- provide you with information and tools to help you understand your relationship with money and manage it better;
- assist you in developing habits that will enable you to control your spending today so you can save for future expenses;
- educate you about your rights as a consumer and how to exercise those rights.
Lesson 2: Budgeting, spending habits, and income generation
At the end of this lesson participants should be able to:
- List the 5 steps to creating a budget
- Distinguish between fixed and flexible expenses in their budget
- Analyze their budgets to create a realistic spending/savings plan
- Distinguish between wants and needs in relation to their financial goals
- Identify ways to increase income and/or decrease spending
Date: 08–09–2008
Start Time: 10:00 AM
End Time: 12:00 PM
Location: 1801 K Street NW, Suite M100 (Due to construction, enter on L Street, next to Borders)
Agency: Capital Area Asset Builders
Phone: 202-419-1443
Email: seminars@caab.org
Website: www.caab.org