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It's Never Too Late to Get a Handle on Managing Finances...
Pastor Marvin Little, Sponsor /
Basic Finance Management Workshop December 2013
On December 28, 2013, leaders and followers of Children's Outreach Ministries of Macon, Georgia gathered to participate in the Basic Finance Management Workshop. These ladies and gentlemen decided they wanted to enter the New Year of 2014 better prepared to manage their finances, become better stewards and enrich their lives.
Managing one's finances is for every person. Everyone needs a foundation in and a grasp of basic finance management practices.
Young adults are at the threshold of adulthood. They need to prepare themselves for the responsibilities that come with this new phase of life's journey. The more mature population also has a need for knowing how best to manage its finances but this group's phase of life often will bring a different set of issues and circumstances. The older group, most often, has accumulated certain debts and even have established a family with needs as well. Because of these additional factors, the necessity to be as proficient as possible with finances is more pressing. This older population is typically responsible for someone in addition to self.
Additionally, by the time one has approached later years in life, there is usually an accumulation of a certain amount of debt and a family to support. These factors will present a number of finance practice issues different from those of a younger individual who has not, yet, embarked this part of life's journey. The workshop participants on December 28, 2013 were no exception.
While the workshop content offers the same basic principles and materials for all participating groups, there are variations highlighted according to the needs of the particular group. The issues and particular concerns of this more mature group included, to list a few, concerns about mortgages, types of insurance, and retirement. These concerns are matters to which a younger group should be introduced as well. It is, however, the level of discussion of the particulars that might differ.
By the end of the workshop, each person, in each group, receives an education on which to build. This, after all, is the objective!
Managing one's finances is for every person. Everyone needs a foundation in and a grasp of basic finance management practices.
Young adults are at the threshold of adulthood. They need to prepare themselves for the responsibilities that come with this new phase of life's journey. The more mature population also has a need for knowing how best to manage its finances but this group's phase of life often will bring a different set of issues and circumstances. The older group, most often, has accumulated certain debts and even have established a family with needs as well. Because of these additional factors, the necessity to be as proficient as possible with finances is more pressing. This older population is typically responsible for someone in addition to self.
Additionally, by the time one has approached later years in life, there is usually an accumulation of a certain amount of debt and a family to support. These factors will present a number of finance practice issues different from those of a younger individual who has not, yet, embarked this part of life's journey. The workshop participants on December 28, 2013 were no exception.
While the workshop content offers the same basic principles and materials for all participating groups, there are variations highlighted according to the needs of the particular group. The issues and particular concerns of this more mature group included, to list a few, concerns about mortgages, types of insurance, and retirement. These concerns are matters to which a younger group should be introduced as well. It is, however, the level of discussion of the particulars that might differ.
By the end of the workshop, each person, in each group, receives an education on which to build. This, after all, is the objective!
Stokes Presents to Emerging Young Leaders
Carol L. Stokes Conducting Workshop/EYL Akademy January 2014
Alpha Kappa Alpha Sorority, Inc. Epsilon Omega Omega Chapter launched its Emerging Young Leaders Akademy January 2014 and our Basic Finance Management presentation was invited to be a part of this new venture.
This group of emerging young ladies had a simulated family budget planning experience. They were, incidentally, accompanied by parents. Having the benefit of adult experiences and influence, these young ladies really had no difficulty grasping significant concepts and challenges of basic finance management. Their attention to detail and the nature of their questions impressed me. They displayed a clear understanding of the need for identifying types of spending and suggested various ways to manage them and prepare for the future.
This group of emerging young ladies had a simulated family budget planning experience. They were, incidentally, accompanied by parents. Having the benefit of adult experiences and influence, these young ladies really had no difficulty grasping significant concepts and challenges of basic finance management. Their attention to detail and the nature of their questions impressed me. They displayed a clear understanding of the need for identifying types of spending and suggested various ways to manage them and prepare for the future.
This was quite an astute group. Each participating youth received a Certificate of Achievement for completing this Basic Finance Management Workshop. The girls, certainly, are emerging into well prepared young ladies of tomorrow.
Please, note the photos above are creatively designed to protect the identity of those who volunteered
to participate in the Basic Finance Management Workshop but did not submit a photo release waiver.
to participate in the Basic Finance Management Workshop but did not submit a photo release waiver.