The People's Money (2022-2023)
Your Money, Your Community, Your Voice.
Empower the Youths (Meyer Levin I.S 285)
What problem would you like to solve?
The problem that project "Empower the Youths " aims to solve is the children are not prepared for the responsibilities and the independence adult life requires them to have. A source of money for many people are loans and money given by family members. However, I believe that this is not a stable source of money ,and so ,project "empower the youths " will help adolescents to create their own sufficient source of income
Why is it important to solve? Why is it relevant for the community?
It is crucial for our community because it influences us to be strong ,independent individuals Handling financial decisions and earning money early in your life is not only beneficial for yourself, but also for the economy. For example, since 197, 61% of adults in the united states were classified as middle class. Since 2021,this number has dropped to as low as 50% according to an analysis from pew research center. Students from at least 8th grade, should be taught about entrepreneurship and how to make substantial financial choices ,which can support them both in school and as adults, as well grow the middle class.
What idea do you have to address the problem?
My vision is that entrepreneurship and business class will be available from 8th grade or from freshman year of high school, which will teach students how to earn money and start their own businesses. The classes will be counted as a standard class, available for any student majoring in any topic. They will also learn to spend their money wisely, budget, or invest money ,which will allow them to pay for important things such as college, vehicles, or even a place to live.
Who would that help?
This project would help adolescents flow smoothly into adulthood by giving them a financial boost, whether for graduates going to college, paying for a living space, vehicles, as well as many other things. Moreover, it would also help the students parents, as they wont have to bear the burden of paying for their children's expensive tuition fees.
What neighborhood would benefit from your idea?
Brooklyn
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