The Impact of Financial Literacy
We believe that resources and relationship are necessary to transform individuals in our community. For the past two Job & Leadership Training sessions, we provided students with financial literacy courses to help them create and manage their money. Phase I of our program is an intensive 8-week boot camp that teaches students how to obtain and maintain employment, have a positive impact as a family and community member, and manage their money in a responsible way.
Financial literacy is one of the resources that can help an individual live a more empowered life. Our partnership with Wells Fargo and United Way provides us with a well-planned curriculum, called Hands On Banking, to help guide students through the ins and outs of financial awareness and success.
Hands On Banking presents a variety of easily accessible lessons for several different levels of financial literacy. In JLT, we utilize the introductory lesson to help familiarize our students with different concepts of finances. We then proceed through the lessons that provide a more in-depth explanation of budgeting, building wealth and how to navigate the world of credit.
So far our students increased their financial literacy by 14.4% since we began using the Hands On Banking curriculum. Even more impressive, students like Kyle and Brandon increased their financial literacy by 43% and 50% by the end of Phase I.
A holistic approach is needed to provide sustainable empowerment for the men in our community. Positive relationships can significantly change the the lives of our students and the way they contribute to our city. Through JLT, our students can access the tools they need to build a better life for themselves and their families. As their outlook changes through knowledge and the support of our JLT team, their capacity to create a positive impact in their communities increases. Our students want to become agents of change in their community, and with the right resources we believe they can.