BENEFITING: CHICAGO LIGHTS
We believe Financial Literacy is a HUGE problem in America and that being financially literate is the tool most needed break the cycle of poverty and achieve true freedom.
We can all relate the feeling of getting the first paycheck; so many things to buy! We can also related to the helpless feeling of looking back and realizing we made a poor financial decision due to a lack of knowledge. Whether it was not knowing how to build a budget, feeling helpless when evaluating a student debt decision, or evaluating credit card options, most of us have squandered hard-earned dollars all because we didn’t have access to proper programming or financial training.
Our program is striving to change that for Chicago youth. We are unique because of the breadth and depth of information we teach, but also unique because we meet the young adults at a time when they are working paid internships and managing a cash flow for the first time. We have found that this is a prime opportunity to produce positive outcomes and ensure these young adults start forming positive financial habits from the get-go.
During the month of July, our team of financial professionals is volunteering our time and personal connections through the Chicago Lights’ Career Development Program to deliver Financial Literacy 101 to an audience of high-achieving high school aged students from some of Chicago’s most economically disadvantaged neighborhoods.
Our program is metrics driven, outcome-focused, and incentive-enhanced. Last year our curriculum raised financial literacy by over 25% and achieved the outcome of our students embracing financially literate behaviors, such as opening a savings account, creating a financial plan, and systematically evaluating their college debt options.
This year, we need your help. 100% of the money raised through CrowdRise will be used to fund the incentives that enhance learning and engagement as the students work to devour some of the most important information their young minds will digest.
Cheers to the financially literate future,
Benjamin Bozsik, CPA