A new program by Hope for Suffolk will help folks learn how to better manage their finances.

“If you are feeling like you don’t know where your money goes at the end of the month, if you are feeling like you constantly have to rob Peter to pay Paul, this class is perfect for you,” said Hayden Blythe, director of Hope for Suffolk, which is a program of Westminster Reformed Presbyterian Church.

The “Faith and Finances: Financial Stability Workshop” will begin July 29 and meet every Wednesday for 12 weeks from 6:30 to 8:30 p.m. at Higher Ground Community Outreach, 132 Bank St.

While Blythe acknowledged there are a lot of financial workshops out there, this one provides a supportive group to encourage each other.

“We all know how to budget just like we all know how to diet, but just because we know how to do it doesn’t mean we do it well,” she said. “It’s way easier to do it in a group. You come up with new ideas in a group. You get motivation in a group.”

The workshop will also delve into the underlying causes of things that cause people to fall behind financially, Blythe said.

“Everybody knows you shouldn’t take out a payday loan, but they still take them out because they feel like it’s their last resort,” Blythe said. “We talk a lot about that and motivations and reasons behind things. It gets at more than just your actions. It gets at why things happen.”

The workshop will help participants create savings plans, cover the benefits of banking services and teach them how to get out of debt.

As an extra motivation, matching funding is available for participants who stick to their savings plans, Blythe said.

While the class will cover personal finance basics, it is useful for people at any point in their learning process, Blythe said.

Participants are asked to pay $10 to cover the cost of the book, “so they have some skin in the game,” Blythe said.

To register, contact Blythe at hayden@wrpca.org or 202-6084.