Improve Money Management Skills Online

Image by Roby© via Flickr

“If you walk into a bank with a budget in hand, showing how you plan to repay what you want to borrow, most lenders would be impressed,” says a local banker. “Most lenders are willing to work with you IF you are willing to improve your money management skills,” he adds. “When we have sound information and strong skills for managing money and making financial decisions, then we can use our money effectively to live out our highest priorities,” says Brenda Schmitt, ISU Extension Family Resource Management Program Specialist.

An interactive online, 3-hour personal financial management series will be offered beginning October 1. The program will meet for one hour each week for 3 weeks on Mondays at noon or Wednesday at 5:30 pm. By registering, participants will receive class materials via email as well as the web address with instructions on how to log in. Participants will need a computer with internet access to take the class. If you miss one class, or would like to review a session, you will receive information as to how to view the recorded class.

Week one will cover setting goals, managing unexpected and periodical expenses, and savings. Week two will talk about tracking spending, creating a budget, decreasing expenses and increasing income. The third week shows different methods of tracking spending, managing risk, managing credit, and saving for retirement.

The class is being offered from noon to 1:00 on Mondays, Oct. 5, 12, and 19 OR from 5:30 – 6:30 on Wednesdays, Oct. 1, 8 and 15. For more information or registration forms, contact the ISU Extension office at 641-423-0844 or email schmitt@iastate.edu. Pre-register by phone, email, or mail by September 20th.

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