FBT Bank & Mortgage (FBT) will host a free Simple Fix Financial Workshop from 6-7:30 p.m. Tuesday, May 21, at First United Methodist Church, 200 W. Sixth Ave.

The event is open to the public and will focus on basic financial practices, such as establishing a savings fund and how credit works. Participants will also receive a financial literacy workbook to track their expenses and begin to budget, according to a news release.

“We want to give the community a resource for financial success,” Joni Alexander, director of FBT Community Outreach, said. “We will start with the basics and build on that knowledge in the months to come.”

The workshop will address a wide range of topics from understanding one’s credit score, to credit score recovery, how to manage everyday expenses through budgeting, to disposable income and debt, according to the release.

“While it’s true that some things are out of our control — like a loss of income, the death of a breadwinner or a major illness — there are ways to become financially stable,” Alexander said. “But, we have to start with the basics and make proper money management a habit… a part of our lifestyle. That’s the focus of this workshop.

“Begin by asking yourself ‘Am I financially literate? Do I know how to handle my money, and do I understand how to manage my income so that I meet all of my financial obligations in a way that allows me to invest and plan for the future?’ If you answered ‘no’ to any of those questions, this workshop is for you,” she said.