Financial literacy is the ability to understand and manage your finances effectively. It involves knowledge and skills related to budgeting, saving, investing, debt management, and other financial concepts.​

Financial literacy is essential for making informed decisions about money, achieving financial goals, and avoiding common financial pitfalls, such as debt and overspending.​

High school and college curricula don’t provide much education on the topic of Financial Literacy, despite the fact that adults make some of the most impactful financial decisions of their lives around the age of 18. Most people do what they see their parents and friends when it come to financial matters and even bank messaging along with their own personal mistakes. Learning financial lessons the hard way can make it difficult for people to minimize debt and build long-term wealth.​​
That’s why it’s so important that school district employers offer information about finances. After all, employers are the source of most people’s largest portion of income in any industry. Today, 80% of American employees are in demonstrable need of financial education, yet only 63% of their work organizations currently offer it. ​

Most people are not aware that their retirement plan, such as a 401k, TSP, IRA are not designed for them to build wealth nor is it the best retirement plan available. Employees work hard for their money, they need to know where they can put their money where they can get the gains in the market with reasonable rates of returns without downsize risk, which means they will never lose a penny in their account. Most employees think its ok to gamble with their retirement by watching the market and their money go up and down. ​

Teaching children about money management can start with age-appropriate lessons on saving, spending, and budgeting. It’s also helpful to set a good financial example and involve them in family financial discussions.​

Roth IRAs and Traditional IRAs are retirement savings accounts with different tax advantages. Roth IRAs are funded with after-tax dollars, while Traditional IRAs are funded with pre-tax dollars. Understanding the differences is important for retirement planning.

Yes. We provide 30-minute webinars to employees on their lunch breaks. Just schedule it on the calendar to learn the strategies that wealthy people use to avoid losses in the market and only gains.   www.calendly.com/AnethiaPowell​

Compound interest is the interest earned or paid on both the initial principal and the accumulated interest from previous periods. It’s important because it can significantly impact savings and investment growth over time.​

There are several reasons why people fail financially. One reason is due to a lack of financial literacy. People don’t know what they don’t know about money. Most people wake up, go to work for someone else for 30 – 40 years of his/her life only to be left broke at the end of that journey.  Most people have poor financial habits. They are not learning nor educating themselves on basic financial principles like pay yourself first before you pay someone else, for example: bills. ​
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Most people know how to work for money, but most people don’t know how to make their money work for them.  This is where we help families by implementing the  Rule of 72 into one of their financial strategies for building wealth along with index strategies​