Boost Your Financial Literacy IQ
April is National Financial Literacy Month, making this an ideal time to become more educated about your personal finances and to develop a strategy to improve your overall financial health.
Today, many Americans are experiencing financial challenges that impact their daily lives. In fact, 30 percent of consumers report having no extra cash, making it impossible to escape the reality of living paycheck-to-paycheck.
Understanding money matters — like creating and managing a budget, paying down debt while saving for emergencies, and creating achievable financial goals — is an important step for Buckhead Christian Ministry clients. We encourage parents to set good examples for their children and to begin teaching their sons and daughters smart money habits early in life.
According to survey results from the National Foundation for Credit Counseling, nearly four in five adults agree that they would benefit from advice and answers to everyday financial questions from a professional. Fortunately, Buckhead Christian Ministry’s Money Management Program offers assistance to individuals who need help boosting their financial literacy.
In a recent Atlanta Journal-Constitution article, reporter Devika Rao spotlighted BCM’s Money Management Program, focusing upon the mentor-mentee relationship between Jennifer Ignacio and volunteer coach Robin Ryder. With help from Robin, Jennifer saved money and paid down $3,000 in debt.
“When I heard about the program, my financial situation was very difficult and I wanted to learn how to manage my money and save more money,” Jennifer said. “I had never learned how to manage my money from anyone or any place, so this was a new opportunity for me.”
As Atlanta’s economy continues to recover from a lengthy recession, it’s more important than ever to develop smart money management skills. If you’d like to learn more about BCM’s Money Management Program, please click HERE or call our main office at 404-239-0058.