The third week in April is “Money Smart Week” here at the library and we have some special programs planned. On April 22 at 1 pm, Lauri Fernald and Eric Schwitz from Jordan-Fernald Funeral Home will give a take on Advance Funeral Planning . On Thursday that week, Betty Eger, Certified Business Counselor, will host a workshop providing basic information for those who would like to start their own business. Friday will bring a money smart program for kids during The Bibliophile Read-a-Force program for kids ages 6 – 8. Gabrielle Colbeth and Chantelle Fitzsimmons from Machias Savings Bank will teach middle school students about how to stick to a budget and then the group will play a round of Monopoly to test their money management skills.
If you’d like to figure out ways to save more money, you need to look at exactly what you are taking in and what you are spending. This site will help you do so and has a worksheet you can download to use.
To see what kind of saver you are, try this site:
This site has some step-by-step ideas on how to create a budget.
Also, try this site for some fun videos with some great ideas.
For another free, online budgeting workbook, go to this site:
This site has an online calculator. You can adjust the number of people in your household, and Maine area in which you live. It will quickly calculate how much your expenses will likely be. Great if you are considering relocating in Maine.
At this site you can get all kinds of budgeting ideas and money tools to use to help you manage your finances. You have to sign up for an account, but it’s free. It even offers a free credit report. Try it out at:
Another thing that is good to know is what paperwork to keep and for how long. See this site:
Also, learn what to shred, which will keep down the chances of someone stealing your identity. Find out more at:
There are several sites that will provide you with tips on saving and eating well on a budget. Try one of of these sites:
This site has an interesting list of supermarket techniques to encourage you to buy more. See it at:
Another Ellsworth Public Library program that is held monthly (first Wednesday of every month at noon) is called “Tightwads”. This group spends an hour or so exchanging ideas to cut
expenses and save money. It’s a brown bag affair; feel free to join them anytime.
If you want to look at what your Social Security benefit will be after you retire, go to the Social Security website at:
AARP also has a calculator to help you estimate your retirement income. Try it out at:
And, when you retire you can also take advantage of some free courses. Go to:
How to Make Money (for Kids)
Sesame Street characters explain “the first steps to spending, sharing, and saving” in this video. There are also some fun games on this site!
Learning about money can be fun. Try these games to test your skills:
What should you know about money? Click on your age group to find out!
This site has some helpful worksheets for money management:
Teens and Money:
Try your hand at balancing a budget with this online calculator:
If you want to make money, you’ll need to find a job. Read on to find out how:
Don’t be “fooled” by this website’s name! There’s some great information and tips for teens about smart ways to manage money.
Just for Fun:
6 Weird Kickstarters That Actually Got Funded:
These sites have great ideas for how to teach your kids about smart money management.
Kids and Money
The 5 Most Important Money Lessons To Teach Your Kids:
5 tips for raising money-smart kids: http://www.bankrate.com/finance/personal-finance/raising-money-smart-kids-1.aspx
Teaching Your Teen Money Management: