Does this sound like you?
“It’s a new year! I’m finally going to tackle my finances. Yep, I’m really ready to get smart about money. Well…sort of. I mean, I do want to learn…but it just seems so overwhelming. Where do I start?”
Start with this article: http://www.creditcards.com/credit-card-news/savings-money-club-comeback-1264.php. Not just because I’m in it! The author, Dana Dratch, does a fabulous job of explaining how to make financial education fun! FUN????
Yes, FUN! Invite some friends, bring some food, and start a Money Club.
“The idea has been around for years,” Dana writes. “A small group of friends, co-workers or, in some cases, complete strangers meet regularly to polish money skills, discuss money challenges and set concrete goals. Don’t confuse money clubs with investment clubs, in which members focus on investing skills and may even make investing decisions as a group or pool their money. “
Dana also interviewed Ginita Wall, the co-founder of www.wife.org (which I believe is the best financial education site on the internet for women) and a major proponent of money clubs. Ginita created the site; www.TheMoneyClub.org, where you can download a free Leader’s Guide for “individuals interested in starting a club, and a menu of lesson plans for meetings.“
Money clubs are exploding in popularity. I’d love to hear from anyone who’s in a money club…got any tips or advice for the rest of us?