In April, the Financial Education Committee completed its 4th Financial Empowerment Session at Tapestry Pregnancy & Family Resource Center. Previous sessions were organized over a five week period with four sessions devoted to income and expense tracking, budgeting and an overview of credit and debt with time set aside during the fifth week for Tapestry clients to meet with a Financial Planner.
The format for the most recent session was restricted into a two week workshop format. The first week focused on several topics including:
- Thoughts and feelings when it comes to money and personal finances,
- The importance of knowing when money comes in,
- How money goes out with a great collaboration on ways to make the money last a little longer than the month and
- How cash flow gaps have been managed with a discussion on the pros and cons of each.
During the second week, the group
- Dived a bit deeper into expense tracking,
- Engaged in a very interactive discussion about credit and debt,
- Shared knowledge of community based resources and
- A conversation amongst existing mothers and mother to be as to how personal finances are likely to change once a new children enters the world.
The insight and resourcefulness of the class room participants was truly amazing.
Attendance was the best it has ever been. In typical Tapestry client fashion, there was a great deal of interaction and the stories shared were insightful and beneficial for the group as a whole. Most importantly, both Tapestry’s clients and staff were pleased with the feedback and results. We look forward to utilizing this revised format in future sessions with Tapestry’s clients!