By Michaela Gibson Morris/NEMS Daily Journal
TUPELO – Financial lessons came with a big dose of laughter Thursday night at the North Mississippi Medical Center’s Spirit of Women event.
More than 350 women and men from around the region turned out to get in the spirit of financial peace with Chris Hogan, who serves as personal finance expert Dave Ramsey’s lead financial trainer and coach.
The former professional football player who became a financial professional had the crowd laughing over missteps so many people with money have.
“Life brings enough problems,” Hogan told the crowd. “The last thing we need is to compound it with money problems.”
Between jokes about raising kids and shoe-shopping habits, Hogan challenged the audience to honestly assess where they are, acknowledge there are things they could do better and activate a plan.
“At the end of the day, it all boils down to having a plan,” Hogan said.
That plan is a budget – or a cash flow plan if you think it sounds cooler, he said.
“It’s not hard, but it does take time,” Hogan said.
He encouraged married couples to take a team approach to finances and share both the success and the responsibility for the financial health of the family.
“It’s too much stress for one person,” Hogan said.
Single folks need to find someone to lean on who understands their financial goals.
“Sometimes you need someone to talk you down off the ledge,” Hogan said, when you’re about to buy a big-screen TV or a pair of boots that’s not in the budget.
Ashley Nelson of Saltillo, came with two close friends in hopes of getting a firm grip on her finances as she prepares to buy a house.
“I really enjoyed it,” Nelson said after Hogan spoke. “He gave a lot of information that was helpful. I took notes.”