When was the last time you really thought about how you handle your income or your debt? Being financially fit is a huge concern in today's society.
Financial
literacy is also a huge concern for our adult learners (and volunteers). For many of
our adult learners, financial issues are mysterious. The idea of thinking about
expenditures and monitoring where money goes is a foreign concept, even more so
when you can’t count your change correctly. Taking charge of your financial wealth and health seems impossible when you live from paycheck-to-paycheck (sometimes borrowing money to get through the last few days of the
month) and even worse when the bill collectors are standing at your door.
So, what have we done about this issue thus far? We teamed up with Jim St. John, Chief Operating Officer of BMW Group, with BMW Bank of North America . Jim sent us Myra Renwick. (Thank you, Jim!) Myra , herself a long time banker in the Salt
Lake
ourselves and our relationship to money. (She
also brought yummy, healthy treats.)
For six weeks (from February - March 2015),
she engaged us in The Money Game – examining our spending patterns, money
management techniques, as well as our debt beliefs and pitfalls. She introduced
us to strategies for cleaning up our debt, avoiding (or at least limiting) future
debt, and changing our credit histories. She got us to set some financial goals
and put thought into figuring out sensible spending plans. Additionally, she gave us tips on how to save our money. The best part – Myra just didn’t present a canned speech but
delivered this content thoughtfully interwoven with real examples from her life
and examples from our participants’ lives.
During the six
weeks, Myra
touched the lives of over 18 individuals – both learners and volunteers, 12 of
which attended 5 or more sessions, thus receiving a certificate of completion.
Thank you, Myra , for your support!
We look forward to working with you again.
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