Long Beach, California 2021-05-07 14:46:37 –
Financial Aid Specialist Angela Fowlx and LBCC Mental Health Clinic Dr. Amira teamed up on Tuesday, April 20th to host a virtual workshop for students who want to learn about financial health.
This financial workshop provided insights on how students can gain more knowledge about budgeting, money savings, credit loans, credit cards, debt dumping, goal setting, and how to reach financial goals. ..
La said. “You have to know what your financial goals and plans are. Are you saving for vacations and bills? You are planning to save for college Do you buy a house or a car? Everyone’s financial needs are very different. “
Whether it’s becoming debt-free or you want to travel and have a great luxury vacation, your financial goals must be clear. The way to do this is to determine if your goal is long-term or short-term.
“Instructor Grecia Iniquez teaches a non-credit financial literacy class called the” Let’s Talk About Money “series. LBCC students need to take advantage of this wonderful class, “says La.
La explained to students how to manage money wisely and in a proper way, and gave some tips on how to save your money.
La discussed the latte effect. This is mainly the theory of small spending here and there. You can build wealth faster by saving the total cost of your daily latte and other purchases, or by investing instead. The point of the latte effect is to make better decisions about money by weighing needs and wants by focusing on values rather than simply spending on unwanted products.
At the end of the workshop, financial aid expert Angela Fowlx was responsible for covering what financial assistance is and how to apply for it.
Fowlkes provided information on what Free Application Federal Student Assistance (FAFSA) is, how to fill it out, various grants, scholarships, and loans, and presented a mini-presentation to participants.
“Financial Workshops provide LBCC students with the support and resources they need. I will help them as much as possible by providing the correct information so that they can assist them in their semester at Long Beach City College. I love helping, “says Fowlkes.
LBCC student Camesha Maxwell attended the workshop and asked Fowlkes some questions about financial scholarships, confirming that the process was completely clarified.
Towards the end of the financial workshop, Maxwell was reassured, as he answered almost every question. And in the way she felt this was a useful guide.
Other students like Brenda Gertman knew about these virtual events and wanted to learn more about money management and investment rather than saving money.
The main purpose of these workshops is to enable students to understand and raise awareness of financial literacy skills.