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Personal Financial Wellness A LMA-EAP Webinar

Part I - Expense Tracking, Budgeting, Savings -
With today's economy, it is more important than ever to be able to effectively manage personal finances.  In this session, participants will learn:

• How to track expenses to determine where money is being spent
• The difference between fixed and variable expenses
• How to cut expenses and "find extra cash"
• How to develop a budget
• The importance of saving
• How to set up an emergency fund

Part II - Credit Reports, FICO Scores, Responsible Use of Credit -
Credit cards allow purchases to be made more quickly, often without much thought of how to pay for those items or what effect that credit card debt will have on our financial future.  In this session, participants will:

• Become aware of your credit rights
• Learn what credit reports contain
• Learn how to receive free annual credit reports
• Understand FICO scores and why they are important
• Learn how to improve your FICO score
• Learn responsible credit card use
• Learn how to stop receiving unwanted credit card and insurance offers

Part III - Planning for Your Financial Future -
Many times the focus is on immediate financial needs without much attention given to our financial future.  In this session, participants will learn:

• The importance of planning ahead for future financial needs
• The value of goal setting
• How to set SMART financial goals
• How to do a financial action plan
• How to pay down credit card debt