Thrifty Tuesdays helps your money go further!
Perhaps you're a babysitter or work only during the winter holidays, this workshop will teach you some ways to manage irregular income. If you are doing precarious (hourly, seasonal, commission, contract, and or self-employed) work, this is the seminar for you.
Gain skills you probably didn't learn in school, but will use for the rest of your life!
From the presenter
Irregular income can come in many different forms including self-employment, contracting, casual work/hours, fluctuating hours, commissions, tips, and even bonuses. One of the major challenges with irregular income is not being able to predict income which makes budgeting very difficult.
It is very easy to get caught in a cycle of relying on credit to supplement lean months which can lead into a downward spiral of credit and debt. It also requires discipline to not overspend when the income is high.
The good news is that there are 3 different systems that you can try to help you manage irregular income so that you feel as though you’re in control and still have money for fun things.
In the Irregular Income workshop, you will learn how to:
- Understand and determine which of the three systems will work for you;
- Create a household budget;
- Track your expenses so you know exactly where your money is going;
- Plan and pay for irregular expenses like car maintenance, clothing and shoes, and pet bills even though your income fluctuates; and
- Learn savings strategies so that you can manage through the irregularity of your income.
This workshop is 90 minutes and builds upon participants’ experiences with irregular income.
You’ll be able to share your ideas and learn from others. We take a “grab and go” approach – grad an idea or two and go try it. All participants will walk away with ideas, resources and the full curriculum upon request.
For more information, visit the Credit Counselling Society's website to view free webinars and workshops on various financial topics.
Free, but seating is limited. Programs that have low enrollment may be cancelled. Please register by phone at: 604-522-3971, in-person, or online.
If you cannot attend the program, please contact the Library so someone else can have your spot. Thank you.