Search
Personal menu
Filters
Financial education surrounding personal finance and the home buying process

Financial education surrounding personal finance and the home buying process

Up Education

 

...

Pathway to Financial Freedom™

We provide financial education surrounding personal finance and the home buying process for individuals of all ages and abilities. We elevate low-income residents entrapped in a cycle of poverty, to building a healthy and sustainable financial future.

This program provides our participants with financial literacy surrounding personal finances and homeowner education. Our core mission is to give participants all the necessary tools and empowerment needed to be able to navigate the harsh realities of breaking out of cycles of generational poverty, and building a strong financial future that is stable, healthy, and successful.

Our educational program equips our students with the financial confidence and knowledge to make long term healthy financial decisions and builds life-long healthy financial habits that benefit our community and quality of life.

 

Core Needs

The Financial Educators Council reports that the needs for financial literacy is evidenced by the poor financial situation of individuals drowning in debt without a budget plan and making misguided decisions due to illiteracy. The severe need for financial education and capability of underserved youth populations is increasingly evident in today’s world. Lusardi & Mitchel, 2011, states that low-income consumers often have lower levels of education and financial literacy, and as a result, they may lack familiarity with or exposure to certain financial products, tools and techniques, and advice for financial planning and disadvantaged communities.

The Aspen Institute released a report in January of 2020, entitled “Strong Foundations: Financial Security Starts with Affordable, Stable Housing,” and in this report researchers state that housing is the largest expense for most Americans and unsurprisingly, housing is the central role in both the equality of our daily lives and our sense of security and opportunity. “Affordable, stable housing is the platform upon which a family can build financial security and pursue the lives they want today and in the future.”

Over the last few decades, troubling trends have emerged in access to stable, affordable housing due to incomes becoming stagnant while housing prices and rents are increasing rapidly. While most young adults are doubling up with their parents far into adulthood, the homeless population is growing in most cities throughout the US. “Today, more than 38 million (1 in 3) US households, nearly 100 million people, live in housing that is not affordable to them.” People are paying too much for housing, and the cause of struggling with the affordability and stability can negatively impact their employment opportunities, earnings, mental and physical wellness, and their children’s social and cognitive development to long-lasting effects.

 

Solution

A community where everyone has access to the knowledge, confidence, and opportunity to live their best financial life.

We help low-income residents enhance their financial skills and prepare for lifelong financial responsibility and homeownership.

We provide practical knowledge, skills-building opportunities, and access to resources they can use to manage their finances with confidence.

We help individuals achieve financial independence by having control over their day to day and month to month finances, having the capacity to absorb a financial shock, being on track to meet their financial goals, and having the financial freedom to make choices that allow them to enjoy life.

 

Financial Education for Youth

We provide an overview of personal finances and home buying education for youth and young adults to enhance their financial literacy and promote healthy financial decision making. Our program provides both an education and action piece to build confidence and encourage effort to build a healthy, strong, and stable financial future.

 

Program Benefits

Understanding of financial issues vs. financial capacity and financial foundations, financial literacy, saving for retirement, credit vs. debt, healthy financial behavior, improved credit behavior, financial wellness, social welfare perspective, financial security, access to financial products and services.

 

Program Partnerships

We partner with MassMutual to provide a free financial education program surrounding personal finance and the home buying process for residents of NJ. Our program provides a baseline for building a financial foundation and influences healthy financial decision making by walking participants through the actions of establishing a thriving and sustainable financial future.

 

...

Career Development Program™

This unique program is designed to bridge the connection to high wage employment by teaching competitive skills for employment; combat regional unemployment by developing more productive and prosperous young adults; develop human-resources strategies and skills for long lasting employment; prepare young adults for long-term contemporary work strategies beyond sport; forge quality community relationships and support programs with local businesses and organizations to benefit surrounding businesses by linking them to reputable, qualified employees through our program.

We provide competitive career training to teach employment skills and talent needed to generate wealth and adapt to ever-changing economic realities of the 21st century. We prepare people with and without college degrees for jobs with promising career paths across professional industries.

We have an established monitoring and evaluation system that provides accurate outcome indicators of our program participants in the short and long term

We focus on specialized training modules that improve technical behavior and boost mind-set skills required to succeed in the workforce. Our program engages participants with immersive and intensive training, as well as assessment on a regular basis, to ensure that problems are identified, addressed, and overcome with mastery of all necessary skills.

 

Core Needs

Almost 40 percent of American employers say they cannot find people with the skills they need, even for entry-level jobs. About 60 percent complain of lack of preparation, even for entry-level jobs. On the other hand, this “skills gap” represents a massive pool of untapped talent, whether it is a matter of youth struggling to enter the workforce, mid-career learners who have lost their jobs because of unforeseen layoffs and must adapt to new environments, or people disconnected from the workplace and social institutions, it is important for people to have access to programs that help them enhance their skills and talent for new, high wage employment opportunities, as an alternative to higher education that can take years and large funds to complete.

 

Solution

Our program provides social-support services, workforce investment, and educational programs to provide individuals with outcome driven training that leads to jobs. We work with local, state, and federal agencies, as well as education providers, small businesses, and community organizations to deliver effective job training and high wage employment opportunities.

Our program increases services for people with barriers to employment, including low-income individuals or individuals who are basic skills deficient, individuals with disabilities, ex-offenders, homeless individuals, youth who are in or have aged out of the foster care system, individuals who are English language learners or have low levels of English literacy, individuals facing substantial cultural barriers, single parents, long-term unemployed individuals, and other groups as the Governor involved determines to have barriers to employment.

The people we serve are not a homogeneous group. Some may already be employed and are interested in finding out about new job options in our community and athletic industry; others may be unemployed and looking for work. Our program provides individuals with very little work history the opportunity to increase their labor market activity through internship and apprenticeship training, and provides those with limited skills, education or work history with specialized training and services to increase their employability by offering education and work experience.

 

Program Benefits

Considerable evidence from evaluations over many years indicates that employment and earnings results improve when job training is closer to actual jobs and job requirements. We encourage industry-driven training and alignment across our workforce development and education systems to directly link our participants to employers in demand.

Assessments and testing - We provide assessment and testing, as well as job search skills instructions and individualized assistance and job-readiness workshops to prepare our program participants with real life skills enhancement and development. Through mentoring models and casework, we are able to evaluate and assess the quality and success of our program in the short and long term.

...