Several local women attended the second of eight "financial fitness workshops" hosted by the N.C. Rural Fund for Development and the Kinston Housing Authority, held Monday at the Carver Courts recreation center.
"I came here to learn how to budget for my baby because I just had a baby and I want to spend money on her and not on nonsense," Simon Bright resident Lakeshia Greene, 23, said after the class.
Linda McKnight, program administrator for housing at the Rural Fund, and Michelle Gooding, KHA's family self-sufficiency coordinator, served as instructors.
The topics covered in the series of workshops include budgeting, maintaining credit, maintaining a checking account, saving money and smart borrowing.
"Any time you are going to borrow money you should what?" McKnight asked.
"Know if you can afford it," the students replied.
LaToya Hardy, a 25-year-old Carver Courts resident who is taking GED and nursing assistant classes at Lenoir Community College, said she has had bad spending habits in the past and came to the workshop in order to "learn how to save."
Gooding stressed that the workshops are open to everyone in the community, not just public housing and Section 8 residents. Those who attend the financial fitness classes can move into the Rural Fund's more advanced homeownership classes.
"There are a lot of people that are not low-income that do not get this type of information before they buy a house," she said.
Joyce Jones, 42, of Kinston, is a counselor and case manager at Milestone Child and Family Services.
Jones said she wanted to learn more about purchasing a home and using a home equity loan for other large purchases.
"I know more about it (now) and what it can do for you," she said of home equity.
The financial fitness workshops are scheduled to run through Dec. 29. The organization's second annual homeownership fair is set to take place Nov. 6. The event drew a crowd of 150 last year.
"You don't have to have a lot of money," McKnight said. "You just have to know how to budget it."
David Anderson can be reached at (252) 559-1077 or danderson@freedomenc.com.
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