In this webinar, we will focus on developing sustainable spending and saving skills to ensure that you can escape from financial fragility and meet your short- and long-term financial goals.
To accomplish this, we will do the following:
- Determine your current level of monthly spending, including understanding what is discretionary versus mandatory
- Determine your current level of indebtedness, along with the interest rate for each outstanding loan
- Create spending and saving targets to pay off your debts within an acceptable timeframe
- Develop spending strategies—including suspending all discretionary spending—until you’re meeting your targets
- Track your monthly spending and savings, debt repayments, and outstanding loan balances and adjust as necessary
- Repeat until you’re debt-free
The goal is to increase your financial resiliency and get you back on track.
Presenter: Jimmy Becker, M.B.A.; Founder, Financially Speaking
MIT is committed to providing an environment that is accessible and inclusive for individuals with disabilities. If you need a disability-related accommodation for this event, please email worklife@mit.edu.