Opportunity to learn practical money management strategies

Money basics logo

URBANA, Ill. — Navigating financial management can often seem overwhelming and intimidating, particularly for those uncertain about how to begin. Studies have shown that financial stress can have detrimental effects on both physical and emotional well-being. Therefore, having access to practical financial resources is essential. These tools can provide guidance and strategies to enhance financial stability, tailored to address individuals’ unique concerns and objectives.

University of Illinois Extension offers the Money Basics series, a free monthly webinar to improve participants’ financial well-being through various money topics. This safe and non-judgmental series will also provide simple tools to use in everyday life. The series covers the psychology of money, the cost of debt, understanding credit, debt repayment strategies, savings strategies, and the keys to financial security.

“The Money Basics series is a non-judgmental way to learn how to manage personal finances and explore basic money concepts,” says Jamie Mahlandt, family and consumer sciences educator. “This webinar series offers research-based information on various topics to help you build a better financial future.”

All sessions are presented at 11:00 a.m., and topics include:

  • Psychology of Money on Feb. 14
  • The Price of Debt: How much is too much? on March 13
  • Understanding Credit on April 10
  • Strategies for Debt Repayment on May 8
  • Smart Saving Strategies on June 12
  • Keys to Financial Security on July 10

Participation is free, but registration is required at go.illinois.edu/MoneyBasics2024.

For more information or if you need a reasonable accommodation to participate in this program, contact Jamie Mahlandt at knuf@illinois.edu. Early requests are strongly encouraged to allow sufficient time to meet access needs.

ABOUT ILLINOIS EXTENSION: Illinois Extension leads public outreach for University of Illinois by translating research into action plans that allow Illinois families, businesses, and community leaders to solve problems, make informed decisions, and adapt to changes and opportunities. Illinois Extension is part of the University of Illinois Urbana-Champaign College of Agricultural, Consumer and Environmental Sciences.

WRITER: Herbert Chavez, media communications coordinator, Illinois Extension.

INTERVIEWS: Contact Dolan Klein at dolank@illinois.edu or (217) 333-7958 to request specialist interviews on this topic

 


 

**Editor’s Note: If you find the story here of value, consider clicking one of the Google ads embedded in the story. It costs you nothing but Google will give the website owner a few cents. This is a way to help support local news at no cost to the reader.

Share: