Taking Financial Control Money Management Program: This innovative program teaches 15 - 19 year old youth to save 50% or more of every dollar they earn or obtain and features an Individual Development Account element that allows them to receive a 2 to 1 match on every dollar they save ($1,000 saved is matched with $2,000; bringing their total savings to $3,000.00). As a requisite part of their program, youth must attend financial literacy training and investment club meetings on a monthly basis.
Community Financial Education Program: teaches the basics of personal finance and helps traditionally underserved individuals develop habits and attitudes about money that will influence them for the rest of their lives. In this sense, the program is based on the philosophy that learning about money is as important as earning it—and that effective money management results from a disciplined behavior. Additionally, the program instills positive new attitudes and behaviors into traditionally low-income individuals and puts them on a path to take control of their financial life by getting out of debt, developing their net worth, and accumulating wealth. It also encourages savings, instills prudent money management, introduces investment vehicles, and promotes good work ethics.
