(MBI LIVE) Financial Foundations: Session 1 – Budgeting & Building Financial Resilience
When:
- Feb 03, 2027 09:00 AM – 11:00 AM
Where:
- Online Learning - Zoom
| Fee | Type of Fee |
|---|---|
| NO CHARGE | / Person - MBI Members |
| $160 | / Person - Non-Members |
Presenters: Sam Hammes & Kyle Zimmerman, Guide Wealth Partners – Cedar Rapids, IA
The construction industry offers rewarding career opportunities, but fluctuating workloads, seasonal slowdowns, overtime variability, and project-based employment can create financial challenges. This session will guide participants through the process of creating and maintaining a realistic budget that aligns with potentially irregular income patterns, managing monthly expenses, reducing financial stress, and make informed spending decisions. The session will also explore the importance of emergency funds and practical strategies for building a financial safety net while balancing everyday expenses.
LEARNING OBJECTIVES
- Understand the fundamentals of personal budgeting
- Track income, overtime, and project-based earnings effectively
- Identify and reduce unnecessary expenses
- Set realistic short-term and long-term financial goals
- Develop strategies for handline financial emergencies including maintaining an emergency fund
Master Builder Designation: Project Management - 2 Credits