Would you like professional help to create and maintain a budget? The nonprofit Maryland CASH Campaign is bringing MyBudgetCoach™, a new online financial coaching program, to Maryland as part of a national evaluation study through the University of Wisconsin-Madison.
The MyBudgetCoach™ program helps low-to-moderate income working families and individuals improve their ability to budget and make well-informed financial decisions…and it’s FREE!
Understanding the importance of budgeting is generally recognized as the first step in successful financial planning. But sometimes people don’t know how to create a budget that works for them or may have created a budget they have trouble sticking with over time.
The MyBudgetCoach™ program matches a trained budget coach with a member. The coach helps the member set financial goals, create a budget and supports the member in maintaining the budget and reaching their financial goal. The coach and member will meet once a month, starting in May 2014 for 12 monthly sessions. All members will be using the online tools on a regular basis. Each session will cover budgeting techniques, financial management and goal attainment strategies.
The program’s online tools allow the member to track expenses in real-time, keep track of their budget, track progress towards achieving important financial goals and communicate with their coach and program staff members. The coach tracks the member’s progress in real-time and encourages members to stay on task and on track in between sessions. There is no cost for this program - It’s free! All members must be motivated to reach their goals, have access to a computer, display basic computer skills, and have an email address. This service is being offered in Prince Georges County by Be Empower Community Services and Housing Initiatives Partnership (HIP).
If you have two hours a month and want expert help to reach your financial goals, sign up by going online at http://mdcashacademy.org/Default.aspx?pageId=1844744 or calling the MD CASH Campaign at (410) 528-8006. The deadline for signing up is May 9th. And don’t forget – MyBudgetCoach™ is FREE!
Remember…use your “Common Cents” to create assets, savings and hope.