6515 Highland Rd, Ste #240 Waterford, MI 48327 info@cygnetinstitute.org (248) 800-2525

Schools and Adult Education

The way people manage their current spending habits dictates the spending habits they will be forced to adopt in the future. The portion of their current earnings that gets set aside for the future will determine how much money they will have to live on when they grow old and stop working.

Trying to figure how much to save for retirement is not an easy task. For most people trying to work out the right formula is difficult. Our human brains don’t do a good job dealing with life 10 or 20 years out. Our behavior is almost entirely focused on life in the present and the companies who sell products and services have figured out how to trigger our biases to spend money on something we’ve become convinced we need now. We have all heard the credit card commercial: “Don’t leave home without it.” We easily convince ourselves that we’ll take care of dealing with the need to pay in the future, later.

It’s not surprising that the 2019 Retirement Study from GoBankingRates.com found that 64 percent of American workers are expected to retire with less than $10,000 in their retirement savings accounts!

Even worse, research from the National Institute on Retirement Security found that 66 percent of millennials do not have any money put away for their golden years.

Cygnet Institute has addressed this issue with an 8-week, multifaceted, interactive workshop targeted to parents of elementary school children. We have named it the Personal Financial Management ● Ziplock & Pizza BUDGETING Workshop.

Learn more about the workshop premise and activities.

Take a look at a sample event flyer.