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Financial Empowerment
Financial understanding often starts with your first savings account. But it doesn’t take long before you’re applying for a credit card, trying to understand your paycheck statement and planning a household budget. This series provides a foundational understanding of routine finance topics and can also help you learn how to manage your finances with your best interests in mind.
Financial Empowerment
Understanding Budgets
In order to accumulate wealth and a proper retirement account, we must understand how to budget our income and expenses. We must learn about the various types of financial statements which will guide us through this process, as well as how and why we must set up and maintain an emergency saving plan.
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