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Why Financial Capability?

In order to achieve sustainable solutions we have to know

WHAT THE PROBLEM IS and HOW THE PROBLEM OPERATES

  • Did you know personal finance as we know it today in the public realm has been around over 20 years?

  • Did you know in order to match the earning power and benefits of a baby boomer union worker of yesterday with a high school diploma, you will most likely today need a 2-year trade degree or a 4-year workforce relevant degree.

  • Did you know nearly 14 million people around the country use predatory lending services like pay-day loans and car-title loans?

  • Did you know that more than 45 million people live below the poverty line?

  • Did you know certain social-economic environments play a pivotal role in a person’s overall chance to achieve social mobility?
     

What is financial capability and why is it pivotal to intergenerational wealth?

Financial Capability

 

We know financial attitudes are shaped by culture and society.

We know there is a difference between knowing and doing.

We know financial services vary by community.
(n)(v)(e)We understand financial capability is a state of constant involvement. It is never static!

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