Press Release: Putting dollars in the piggy bank for financial literacy
Financial literacy is one of America’s biggest challenges and an issue that is at the heart of our basic quality of life. It’s not just a challenge for Wall Street. It’s a major issue that addresses poverty, health, education and quality of living across America.
This month social enterprise, CharitySub and our community of givers, are filling the piggy bank with dollars to support financial education and economic empowerment throughout the U.S.
We’re supporting three non-profits - Operation Hope, W!SE and World of Money - with contributions of $5.00 from each of our 300+ members going directly to programs that help underserved youth and children (aged 7-18), adults in at-risk areas, and victims of domestic violence become more financially aware.
“We want to help equip and empower people to be financially responsible for life, and prevent the cycle of poverty across the U.S.,” Co-Founder of CharitySub, Amy Crews said.
“When 28% of African American and Latino households throughout the country do not hold a bank account and 35% of people over 65 rely entirely on Social Security, financial literacy is certainly an area worth our support.
Over the past six months, CharitySub has worked with 18 non-profits to raise awareness of, and contribute dollars toward addressing, issues such as Hunger in America, the Literacy Gap, Child Sex Trafficking and Obesity. While working on these causes, it became increasingly clear to the CharitySub team that improving financial literacy was at the heart of some of America’s biggest challenges.
We know people who are financially illiterate are much more likely to remain or end up living in poverty. In turn, this affects all other aspects of their life like where they live, whether they go to school and what health services they can access.
If we can eradicate financial illiteracy we’ll be able to have a bigger impact on improving people’s quality of life overall.
We’ve learnt from our partners that financial literacy is much more than just math or counting money, it’s about economic empowerment particularly in our most at-risk and underserved communities. It’s a way to give all Americans an opportunity to participate fully in our increasingly complex global economy.
We believe that by giving people, both young and old, a chance to learn to be more financial literate we can give everyone the building blocks of a sound financial future.
We’re calling on the people of Wall Street and every other financial district across America to join CharitySub this month and give their support to help make a real difference to financial literacy levels across America, particularly in our poorest communities.
“Through our collective, community giving, CharitySub is banking on our future!”
More
Check out this month’s CharitySub video to find out more about how financial literacy can really change lives!
Think you’re financially literate? Take our test.
Press inquiries: Amy Vermeer Crews, CharitySub
(917) 287-0475
amy@charitysub.org
