Budgeting: The 50/30/20 Method

Project: Budgeting: The 50/30/20 Method

Asset Type: eLearning


Tools: Rise 360

Development Time: 10 hours

Client: FunFinances, LLC (fictional client)

Collaborators: SME - Jane Doe, Financial Analyst


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Challenge

Financial advisors at FunFinances, LLC meet with clients with varying experience in budgeting and finances. They’ve found that clients who have a strong hold on budgeting have more productive meetings with their financial advisors. Those who struggle with budgeting have more questions and advisors are unable to cover everything they prepare for the meetings. Rather than charging extra for budgeting consultations or scheduling follow-up meetings, they want to offer a self-service, on-demand course that clients can take to strengthen their grasp on budgeting prior to scheduling a financial advising session.

Solution

An easy-to-follow Rise course was identified as the solution. The training will take about 30 minutes to complete and FunFinances, LLC clearly makes this known on their website. Learners will walk away with a PDF guide that they fill in according to their own budget.

Result

After completion of the training, learners will have applied the 50/30/20 budgeting method to their own budget and come prepared to their financial advising sessions at FunFinances, LLC.