[Training on Cash Flow Statement and Budget Preparation] Tagum Cooperative, through the Community Development Department, successfully conducted the Training on Cash Flow Statement and Budget Preparation for solo parents specifically for the Tagum Cooperative Livelihood Developmental Workers Association (TCLDWA) on Wednesday, December 18, 2024 at the TC Function Hall.
The speaker was none other than the Chairperson of the Community Development Committee and BOD member, Dir. Nenita R. Malbas. With her expertise in finance, she shared her knowledge to help the participants better understand financial management and how to effectively manage their budgets. The session also included tips on how to save effectively and avoid common financial pitfalls.
Particularly, the training aimed to empower single parents by equipping them with essential skills to manage their finances, prepare cash flow statements and create realistic budgets for their households. Through practical exercises prepared for them, the participants acquired essential skills to manage their finances, prepare cash flow statements and create realistic budgets for their households.
Indeed, the event was a great success, with solo parents expressing their gratitude for the valuable information shared, and many felt more confident in managing their personal finances moving forward.
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