Loading presentation...

Present Remotely

Send the link below via email or IM


Present to your audience

Start remote presentation

  • Invited audience members will follow you as you navigate and present
  • People invited to a presentation do not need a Prezi account
  • This link expires 10 minutes after you close the presentation
  • A maximum of 30 users can follow your presentation
  • Learn more about this feature in our knowledge base article

Do you really want to delete this prezi?

Neither you, nor the coeditors you shared it with will be able to recover it again.


Financial Literacy: Budgeting Workshop

No description

Kathryn Anderson

on 11 January 2017

Comments (0)

Please log in to add your comment.

Report abuse

Transcript of Financial Literacy: Budgeting Workshop

Getting to know your facilitator...

Kathryn Anderson
AmeriCorps Student Support Specialist
Phone: 206-934-7478
Email: kathryn.anderson@seattlecolleges.edu

Fun Facts:
Recent Graduate
Dog Lover
New Seattlite?

Think about and learn how to create financial goals.
Learn how to create a personal budget and stick to it.
Learn about how to save on everyday expenses.
Learn about resources available for additional support.

Why Do We Budget?
To Set and Reach Financial Goals
To Spend According to Your Priorities
To Build Wealth
To Plan for Retirement/the Future
To Build an Emergency Fund
For Peace of Mind

Financial Literacy: Financial Goals & Budgeting
Warm Up
Setting S.M.A.R.T. Financial Goals
Step 1: Know Your Net Income
Step 2: Identify Fixed Expenses
What are your goals?

Net Income is the pay that you take home after all of the deductions (taxes) have been taken away.
Calculate your Net Income at

Items that are paid regularly at the same price...what are some examples from your own life?

Step 3: Identify Variable Expenses
What are items that vary in cost and/or frequency in your life?

Getting Started!
Clearpoint Free Financial Counseling- Northgate
Overview of Objectives
Introduction to Managing Your Money
6 Steps of Budgeting
Goal Setting
Creating a Budget
Helpful Practices

Managing Your Money

Making a Plan

Step 4: Prioritize
Steps 5&6: Follow Your Spending, Review Monthly, and Keep Track
Thinking about goals and budgeting
Let's introduce ourselves...
Goal for this workshop
Topics you are interested in regarding Budgeting
Using the handout, write 1 short term and 1 long term SMART goal.
How can you save money on fixed expenses?
Are all of these necessary? How can you save money on variable costs?
What is your "bare bones budget"?
How will your budget reflect your financial goals?
For all purchases made with a credit or debit card, sign in and view your online payment history
For cash purchases, keep a jar of receipts and write which category the expense falls under, ex.groceries, entertainment..etc.
If you like apps, download a budgeting app on your phone or create a free account online.
Other options are...
Using a notebook
Excel Spreadsheet
Break!! (10 min)
When managing your money, where is a good place to start?
What are the 6 Steps to setting up a budget?
What is the difference between a fixed expense and a variable expense?
What have we learned so far?
Let's start looking at your goals and budget.
Before we start, remember to keep it simple.
Focus on what is most important to you, and be realistic with your expectations.
Budgeting isn't just an activity, it is a behavior change.
Moving Forward
My Action Plan Worksheet
Take Home Worksheet
Thank You!!

End Goal: To get expenses less than or equal to your Net Income
Full transcript