The first Omega Gents mentoring session of the year was held on Wednesday, January 9, 2019 and introduced the subject of budgeting to the Gents.
Each Gent was given $500 in monopoly money and allowed to go to three different provisional stores and spend their money. However, first, each Gent had to deposit $150 in the bank before they were allowed to shop at the Mall, GameStop or pay bills.
Member, Jamie D. Grant instructed the Gents on “GDO” which means to Have a Goal, Be Discipline and Be Organized when creating a budget and while spending.
After the exercise, each Gent was asked how much they had remaining. At this moment, the realization from the Gents took place about the importance of saving and spending wisely.
As a final exercise, Gents were provided sample budget sheets in which mentors assisted them in filling out.
Article written by: Dante’ Williams | Mentor Coordinator