Text Box: simple. I challenge anyone reading this newsletter to get a notebook and make a list of income and expenses (all expenses including eating out, movies, clothes, lottery, everything). After you make those lists keep a separate list for the next 30 days of every penny you spend so you can see on paper how much money you could be saving or paying towards a big bill, important trip, unimportant trip or shopping spree. I then challenge you to keep a budget. You will find once you know how you spend your money you will make more positive decisions about where your money goes. —Wendolyn D. Davis, BS, MBA/HRM Text Box: As with most of the articles in the newsletter I searched for articles relating to low income people and the need for financial responsibility or budgeting. I could not find one. Even on various web pages I found nothing. This may be the reason even children from low income households don’t recognize the true impact of overspending or impulse buying on the latest fashion trends. Everyone should budget. Whether you only make $100.00 per month or one million. It is important to know how much money is coming into your wallet and how much is going out in bills, groceries, food and just in Text Box: the wind. The reason many people end up in the financial toilet at the end of the month is they have no record of how much money has been spent on almost anything. I have always had a budget. Just because I had a budget did not mean I was always ahead financially. I have had to “rob Peter to pay Paul” on many occasions but I understood why. If I had more bills than money coming in I could at least make a plan or make arrangements ahead of time and I could create a plan to either increase my income or decrease my expenses. Budgeting is that

Budgeting for Low Income people
Text Box: Celebrating the blessing of diversity Text Box: The Potter Walsh Neighborhood is a wonderfully diverse area of Lansing. Many ethnicities and cultures are represented here. The All Around The African World Museum & Resource Center wants to celebrate every culture represented and to bring some attention to the wonderful contributions everyone here brings to this Text Box: community. September 15 to October 15 was National Hispanic Heritage Month. National Hispanic Heritage month begins on September 15 of every year celebrating the Independence Day Anniversaries of five Latin countries. Costa Rica El Salvador Guatemala Text Box: Honduras Nicaragua. Mexico celebrates its Independence on September 16 and Chile on September 18. According to the 2000 Census more than 35 million people identified themselves as Hispanic or Latino. www.infoplease.com/spot/hhm1.html

All Around The African World Museum

& Resource center

november 2006

Volume 2, issue 11

Neighborhood News

Budgeting for low income people

1

Celebrating diversity

1

Voting November 7

2

NaBSW

2

Neighborhood meetings

2

Jobs in    lansing

3

Job/email        info

4

Special points of interest:

· Budgeting

· Celebrating Potter/Walsh

· Voting November 7

· Neighborhood Meetings

· Jobs in Lansing

· Hispanic Heritage Month