Budgeting and saving: Where do you even start?

Posted at 7:23 AM, Feb 18, 2016
and last updated 2016-02-18 10:57:55-05

Who doesn’t want to be financially fit?

Before you begin, you’d better make a plan.

“What are your goals? What do you want to do? What do you want to achieve?”

Sulie Richardson with Desert Schools Federal Credit Union told me that a group of neighbors at a Phoenix apartment complex joined together to get schooled and learn how to avoid $200-$300 a year in fees for not paying the rent on time.

Let’s face it. We've all made some bad financial decisions and it can make you feel, quite frankly, alone. Or even worse, it can feel like you're on an island.

Take out your shades and take a look at these not so glowing statistics. You are NOT alone.

Seventy percent of Americans are living paycheck to paycheck and what might sound worse is that 6 out of 10 Arizonans haven't saved a penny.

“None? No money…No money? No rainy day percent.”

That’s the problem. So is there a solution?

Do not just depend on yourself. Desert Schools offers courses, free of charge, for church groups, HOA’s and non-profits to brush up on the basics of budgeting, understanding credit, I.D. theft and, protection, teaching your kids about money and many more, all at no cost to you.

“I tell people that you're not alone, you're not isolated, and it doesn't matter if you make $200,000 a year or $20,000 a year, it's what you do with what you have.”

If you’d like to schedule a course for your neighborhood group or to get more information about the Community Education program at Desert Schools, contact Sulie Richardson.