Let's cut to the basics! Learning the principal of budgeting is the first step in being financially literate.
In this episode of BankCents our host, Greg Marantz, is joined by Monica Dyson, Chief Marketing Officer at BOS. Monica manages Financial Literacy outreach, occasionally stepping out into the community to teach a class on budgeting basics and more. Discussing daily spending diaries, understanding your needs vs. your wants, and the importance of monitoring your money, Greg and Monica point you where to start on your financial education journey.
Episode Topic Timestamps:
• First Steps to Budgeting 1:09
• Monthly Tracking 2:25
• Budget: Income vs Expenses 3:39
• Automate Savings 5:20
• Needs vs. Wants 5:50
• Importance of Goals 7:15
• Summary 7:55
• Resources 9:17
BankCents is the podcast that makes sense of all things banking. Something you don't understand or want to learn more? Message us on social media (@bankwithbos), comment on YouTube, or email us at [email protected] with your questions about banking.
BankCents is brought to you by the Bank of Springfield (BOS), a community bank located in Illinois and Missouri. BOS is a full-service institution that offers a wide range of financial offerings. Learn more at bankwithbos.com.
This podcast is for educational purposes.
Music by FASSounds from Pixabay