2025 Financial Literacy Institute

 L ast evening was our last night together as a group. We learned so much about the different types of insurances that are out there for our security protection against any potential losses.  What type of insurance while you the must and how did it get your attention and Why?  

  Last evening we learn a lot about taxes and the new tax law changes that are happening now and are about to come. In 1789, in a letter to Jean Baptiste Leroy, Benjamin Franklin wrote, “In this world nothing can be said to be certain, except death and taxes.” What new tax law did you learn?

                                                    Last evening we addressed preparing for emergency fund and savings. Difference between Gross income & Net income. How prepared are you? What measures do you need to undertake to ensure your safety net?  6 ways to save for your retirement, savings and emergency plan: Focus on starting today pay yourself first start savings as low as five dollars Rein in spending Set a goal/ Automate your savings Create/stick to your monthly budget Live within your means