The People's Money (2024-2025)
Play your part: Your Money, Your Community, Your Vote!
Building Wealth, Securing Futures
- Do you have specific Neighborhood(s) in mind?
- Concourse Village
- Which group(s) does your idea focus on? Select as many as apply.
-
Older AdultsParentsLow Income PeopleBlack, Indigenous and/or People of Color
- Describe the challenge you want to address:
- The "Building Wealth, Securing Futures" program should aim to empower individuals in low-income communities with the knowledge and tools they need to build wealth, protect their families, and secure their financial futures. By offering free or low-cost resources, guidance, and direct access to financial products like wealth management accounts, estate planning services, and life insurance, to bridge the financial literacy gap and enable participants to take control of their financial well-being. This program would address interconnected challenges (lack of financial literacy, limited access to financial products, services, and guidance, social and psychological barriers to financial planning, generational wealth gap etc.) by providing financial education, access to essential financial tools and products, personalized financial guidance, and community support. It helps bridge the gap between financial literacy and practical financial action, ensuring that even those in low-income communities have the knowledge, resources, and support to manage their money, protect their families, and build a secure future.
- What is the solution to the challenge?
- The "Building Wealth, Securing Futures" program solves the financial challenges of low-income individuals by providing: *Financial education and guidance *Access to affordable financial products (savings, life insurance, estate planning) *Personalized support to help people create tailored financial strategies *Ongoing community support and engagement *A pathway to generational wealth and long-term financial security By addressing both practical financial needs and psychological barriers, the program empowers participants to take actionable steps toward securing their financial futures and breaking the cycle of poverty.
- Please provide your Zip Code
- 10456
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