Kay's Financial Resources

I am solving the problem on how to get people educated on how to gain access to financial tools and products that will help them with day to day living, savings, and goals.  The scale of the problem is large for brown ethnicities and communities.  They are often not provided the tools needed to be successful and are usually given higher rates or charged more for things.

My solution is to start a free financial resource class in underserved communities.  These classes would teach people how to find the tools available, how to open an account, how to budget, how to do digital financial services and things they should look out for when getting new accounts or opening new lines of credit.

These classes would raise awareness to those that had no knowledge on finances and banking.  Classes would be offered multiple times a week and people can just come because they are free and open to the public.  We would require an email address so that we would be able to continue sending information.  If they don't have an email address, we would show them how to make an email account.

The solution would serve brown ethnicities and communities that are uneducated on financial literacy.  Currently they aren't provided with training on how to access financial information or what they should be looking for.  They don't have knowledge on opening bank accounts, or if using credit how much debt to income ratio they should have.  The target also doesn't have much knowledge on savings and how savings prepare you for the future, retirement or unexpected emergencies.  The solution would teach them the knowledge they need to have financial literacy.

I have been one that was not knowledgeable.  It took someone sitting me down, talking to me and teaching me that helped me gain financial literacy.  Once I started learning new things and saw the benefits it provided, I kept wanting to learn more which has made me very sucessful.  Now I would like to pass on my knowledge so that others can be successful as well.

0...This was a requirement for a class I am taking for my MBA.

This was a requirement for a class I am taking for my MBA.

Helps people become financially literate.