No one is born with natural money management skills. You may have learned some money management skills from your family but you may want to manage your finances differently than your parents did. You also may have learned some money management skills at school or through life experiences. Developing good money management skills takes time, practice, and patience. Check out the following resources for tips on how to manage debt and get started building financial security!
When Your Income Drops
Many circumstances can lead to an abrupt reduction in income: a factory layoff or cutback, loss of a job, reduced farm income, or loss of a second income from a spouse. Just the threat of any of these situations is a serious blow to individuals and families struggling to survive economically in difficult times. The fact sheets in this series can help you begin to find your way when your income drops.
Wallet Wisdom is a six-session webinar series held by K-State Research and Extension, which covered a variety of money management topics in April and May 2021.
Watch the recorded sessions and find the referenced materials for each of the six sessions:
- A Financial Checkup
- Emotions and Money
- Spending Plans
- Increasing Savings
- Debt Management
- All About Credit