FINANCIAL WORKSHOP KITS TRANSITIONAL HOUSING 1

FINANCIAL WORKSHOP KITS 2 WELCOME & INTRODUCTIONS

FINANCIAL WORKSHOP KITS  Dealing with an emergency housing situation  Finding ways to generate income  Controlling expenses and cutting debt  Starting a savings habit  Dealing with an emergency housing situation  Finding ways to generate income  Controlling expenses and cutting debt  Starting a savings habit OBJECTIVES 3

FINANCIAL WORKSHOP KITS IF YOUR HOUSING IS AT RISK NOW 4

FINANCIAL WORKSHOP KITS FINDING EMERGENCY HELP 5

FINANCIAL WORKSHOP KITS  Part-time jobs  Volunteering at a nonprofit Gain experience Make job connections  Sell your stuff Garage sale  Part-time jobs  Volunteering at a nonprofit Gain experience Make job connections  Sell your stuff Garage sale WAYS TO EARN EXTRA MONEY 6

FINANCIAL WORKSHOP KITS NEEDS vs WANTS 7

FINANCIAL WORKSHOP KITS  Utility bills  Transportation costs  Food costs  Plug spending leaks  Utility bills  Transportation costs  Food costs  Plug spending leaks CONTROLLING EXPENSES 8

FINANCIAL WORKSHOP KITS  Create a Spending Plan Identify your income List your expenses Compare income and expenses  Create a Spending Plan Identify your income List your expenses Compare income and expenses TRACKING YOUR MONEY 9

FINANCIAL WORKSHOP KITS  Top 10 signs of too much debt  Nine quick ways to start getting out of debt  Avoid predatory lenders Pawnshops Rent-to-own Tax refund–anticipation loans Check-cashing stores and payday loans  Top 10 signs of too much debt  Nine quick ways to start getting out of debt  Avoid predatory lenders Pawnshops Rent-to-own Tax refund–anticipation loans Check-cashing stores and payday loans DEALING WITH DEBT 10

FINANCIAL WORKSHOP KITS  Start Saving Now Using bank or credit union accounts Paying yourself first Saving for emergencies ‣ Goal: Set aside enough to cover three months of basic living expenses  Start Saving Now Using bank or credit union accounts Paying yourself first Saving for emergencies ‣ Goal: Set aside enough to cover three months of basic living expenses STARTING A SAVINGS HABIT 11

FINANCIAL WORKSHOP KITS REVIEW 12