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Essential

This idea has advanced to one of our five Borough Assemblies. Throughout four deliberation sessions, Assembly members will decide whether the idea moves on to the final ballot.

Financial Education Workshops

Avatar: Community Member Community Member Advanced to Assemblies
Idea Submission for The People's Money:
A workshop or class that teaches basic financial handling and the importance of paying bills on time, including the effects on credit and other consequences (as in difficult to find rental housing if rent is not paid on time). Include resources people can turn to for help, how to check your credit report for free (annualcreditreport.com), how to budget (too many people end up short each month and can't pay their bills), ways to increase income (gig work, second job, start a small business providing a service (bookkeeping, cleaning, etc.), rent a room or space, etc.), classes/education for careers, etc.. It can include information about our money for immigrants if needed. It could include how to do simple income taxes, how to minimize subscriptions, how to balance a checkbook, how to find a bank account and/or credit card (including a secured credit card) and manage it, how to avoid scams, lots of topics. It could be an online free course anyone can take. You would be surprised by what some people don't know and this class could help everyone. If you do modules of topics, people can choose the modules they want to take.
What is the problem your idea aims to address?
Many people do not understand how to handle their personal finances and the importance of paying bills on time.
Which groups does your idea focus on? Select all that apply
Youth (under 24)
Older Adults (65 +)
Public Housing Residents
Justice Impacted People
People with Disabilities
Limited English Speakers
Immigrants / Migrants
Veterans
LGBTQIA+ People
Parents
Unhoused People
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