Achieve Financial Empowerment This Financial Literacy Month

Happy Financial Literacy Month! For this powerful month, the Women’s Business Center of Northern Virginia at Community Business Partnership focuses on financial empowerment, financial wellness, and achieving your financial goals. We have virtual and online classes dedicated to helping you to reach your financial goals. Here are some of the key steps to take towards financial empowerment.

How To Create Financial Goals

1. Evaluate your previous goals. Look at your financial goals from your previous year. Do you achieve your goals? If you did, what process did you use, and if you didn’t reach your goals, what held you back? Evaluating your goals can help you to determine if you are on the right path to hitting your financial goals and help you to tweak your goals so that you can reach them this year.
2. Outline your goals. Have a general outline of your goals. Create a plan to reach each goal and be specific about the number you want to reach or target. Be realistic when creating your goals and factor in your income and expenses. You need to prioritize your expenses to ensure that you are not spending more than you can afford or spending too much on non-essential items.
3. Match actions with your desired outcomes. You need to break down your goals to ensure that you are taking the action needed to match your desired outcome. For example, if you have a financial goal for the end of the year to buy a new premise, you need to ensure that you are receiving a particular income each month to help you to match your desired income goal.
4. Create a deadline. Creating a deadline will help you to hit your goals faster. For example, creating monthly financial goals for yourself or quarterly financial goals will help you to hit yearly goals. Don’t forget to make each goal attainable so that you can set yourself up for success.

To set yourself up for more financial success and make good impactful decisions, check out our free class on Financial Wellness of Female Entrepreneurs on April 20th at 11am. Register at: https://cbponline.org/class/financial-wellness-for-female-entrepreneurs-2022/ . Or see our other training topics this month. 

Contact The Women’s Business Center of Northern Virginia at Community Business Partnership to help you to achieve financial empowerment!