Money

REGIONAL—Iowa State University Extension and Outreach will host “Money Smart: Prioritizing Bills, Managing Debt and Improving Credit” virtually noon-1 p.m. Wednesdays, May 5, 12 and 19.

The free “Money Smart” workshop series can help individuals grow their financial knowledge with research-based information and enable them to explore strategies for making wise choices when money is short, income has dropped or unexpected expenses happen.

“Have you struggled to pay bills or know someone dealing with reduced income?” asked Carol Ehlers, Extension human sciences specialist in family finance, who will lead the program. “It can be tough to decide which bills and monthly expenses to pay first, especially if you’re on a tight budget, and although it is important to try to make all of your monthly payments, it may not always be possible.”

The “Money Smart” series provides tools to help manage money effectively, make better financial decisions and live according to a person’s priorities.

Participants will improve their financial well-being by developing an emergency spending plan, creating a prioritized bill paying strategy based on future consequences, learning strategies to manage debt and developing skills to improve their own credit score.

“When you have sound information and strong skills, you can make your money work for you and for your future even when money is short,” Ehlers said. “These ‘Money Smart’ tools and ideas will help participants take control of their financial situation.”

Preregistration is required online at http://bit.ly/smart17694.

Once individuals are registered, they will receive an e-mail confirmation with the Zoom link and class information.

For more information, contact Mary Weinand at mweinand@iastate.edu, Carol Ehlers at xehlers@iastate.edu or Jeannette Mukayisire at jeannet@iastate.edu.