Changes at "Smart Money Moves 4 Kids"
Scope
- -Queens
- +Bronx
Give your idea a short title:
- -{"en"=>"Scholarship Strategy Workshops"}
- +{"en"=>"Smart Money Moves 4 Kids"}
Body
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- Idea Submission for The People's Money: \n
- \"Scholarship Strategy Workshops. \nCollege advisors in NYC Schools are charged with helping students apply for institutions of higher learning and encourage students to complete the fafsa, however they don't always focus on teaching these same students how to make themselves better candidates for scholarships and educational grants. As a DOE and Queens Public Library vendor, the nonprofit organization Practical Knowledge INC. answers that call by conducting scholarship workshops for youth serving organizations and works with students helping them strengthen their essays, interactive interview skill development, etc. By arming students with the tools to better position them for scholarship success, the funding they attract in scholarship aid helps to offset the amount of student loan debt they incur while pursuing a college education.\"\n
- What is the problem your idea aims to address? \n
- Student loan debt that's thrust upon students, many of those who are in a financial position where they have to enter into loan agreements to further their education beyond high school.\n
- Which groups does your idea focus on? Select all that apply \n
- \nYouth (under 24)\nPublic Housing Residents\nPeople with Disabilities\nLGBTQIA+ People\nParents\n \n
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- Idea Submission for The People's Money: \n
- Our Program is designed to break this cycle by providing financial education to children, especially those from underserved demographics. Our goal is to create a generation of \"boss babies\"—children who grow up with the skills and confidence to manage their money wisely, build wealth, and make informed financial decisions. Through interactive lessons, games, and practical activities, we will teach kids the fundamentals of saving, investing, budgeting, and entrepreneurship. By starting financial literacy early, we aim to empower young people to reclaim their financial futures, challenge the traditional education system, and foster a culture of generational wealth building in communities that need it most.\n
- What is the problem your idea aims to address? \n
- In underserved communities, financial literacy is often overlooked, leaving young people unprepared for the complexities of managing money. This lack of education contributes to cycles of poverty, limited economic mobility, and missed opportunities for wealth building. Children from these communities are rarely exposed to the knowledge and tools necessary to navigate personal finance, budgeting, saving, or investing. Without early intervention, they grow up unaware of the impact of credit, debt, and long-term financial planning.\n
- Which groups does your idea focus on? Select all that apply \n
- \nYouth (under 24)\nImmigrants / Migrants\n \n
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