Financial Wellness: Personal Finance and Budgeting is brought to you by Lorman
Learn how to deal directly with your own personal finances.
Professional consumers deal with an enormous volume of personal, professional, household, and life responsibilities and issues every day. Then add personal finances to that list, things like budgeting, spending plans and tracking expenses, surprise expenses, credit card debt, taxes, retirement, rainy day funds, identity theft, scamming, and more, and it’s no wonder we have very little bandwidth left to take the time to deal directly with our own personal finances. Instead, we shift to our automatic default system. We use our old unanalyzed spending habits and trust that all the virtual tools at our disposal will cover those basic financial obligations. We keep our heads above those financial waters as we carry on with the rest of life. It is no wonder the average American debt is over $90,000 according to a 2021 CNBC report, and the U.S. household debt increased 1.9% from the second quarter of 2021 to a new record of $15.24 trillion in November of 2021, as announced by the Federal Reserve Bank of New York. This course is designed to encourage personal change by providing time-tested solid, practical information and tools which can pro-actively be used and immediately applied to any personal and household situation.