SOLUTIONS: World Of Money - Empowering Black Youths With Sound Financial Foundation!
June 07, 2013 - UNITED STATES - To be financially responsible is important in our everyday lives. Being financially responsible means to respect money and make good financial choices. You have to first believe in yourself and know that you are able to be successful in life. This attitude starts by doing well in school and getting good grades, which can lead to attending great college. Planning for our future is part of what it takes to be financially responsible.
Knowing what you want to become after college is extremely important not only because you completed both high school and college but, you also are set up to embark on a successful career. Planning your career or your profession when you’re younger gives you an advantage because you have thought out your life. This gives you a solid plan to enter the work force and accomplish your financial goals whether that’s to work for a company or to become an a business owner. Some people can’t figure out what direction they want to go into, and can still be successful in time.To be financially responsible requires a few simple steps and procedures that include being aware of the power of money and being responsible with money. This also includes buying stocks, saving money spending money and most importantly making smart all around decisions.
Founded in 2005, the WorldofMoney.org is a New York City based 501(c)(3) non-profit organization whose mission is to empower youth with a sound financial foundation. Now more than ever this organization is needed to break a generational cycle and to change the way youth, Young Moguls (ages 7 - 9); Rising Moguls (ages 10 - 12) and Moguls (ages 13 - 18), view money by equipping them with five tenets for a financially responsible and philanthropic life: learn, earn, save, invest and donate.
Knowing what you want to become after college is extremely important not only because you completed both high school and college but, you also are set up to embark on a successful career. Planning your career or your profession when you’re younger gives you an advantage because you have thought out your life. This gives you a solid plan to enter the work force and accomplish your financial goals whether that’s to work for a company or to become an a business owner. Some people can’t figure out what direction they want to go into, and can still be successful in time.To be financially responsible requires a few simple steps and procedures that include being aware of the power of money and being responsible with money. This also includes buying stocks, saving money spending money and most importantly making smart all around decisions.
Founded in 2005, the WorldofMoney.org is a New York City based 501(c)(3) non-profit organization whose mission is to empower youth with a sound financial foundation. Now more than ever this organization is needed to break a generational cycle and to change the way youth, Young Moguls (ages 7 - 9); Rising Moguls (ages 10 - 12) and Moguls (ages 13 - 18), view money by equipping them with five tenets for a financially responsible and philanthropic life: learn, earn, save, invest and donate.
The organization was selected as a Promise Place by America's Promise Alliance and by AOL Impact as one of ten top social good organizations in America. Having these basic financial planning tools encourages youth to become family team players, maximize their longer-term financial well-being and to balance consumer and investor behaviors. The curriculum includes basic Mandarin Chinese, Excel, community service and year round alumni activities, including a Parent "Money Matters' Forum. In August 2013 and 2014, we will tour three cities on mainland China.
World of Money is committed to its mission of improving the financial education and business acumen of underserved youth. The Jump $tart Coalition for Personal Financial Literacy tested High School Seniors on financial literacy and found that African American and Hispanic students scored lower than higher income students and white students.
Further, a study conducted by the Woodstock Institute found that “without an appreciation of money concepts and an understanding of financial options, people are likely to pay more than they have to for financial services, fall into debt, damage their credit records, over-invest in life insurance, or declare bankruptcy.” However, the good news is that overwhelming research indicates that financial education helps reduce poverty.
Consequently, World of Money has created a Summer Youth Financial Literacy Training Institute to fulfill its mission. Participating students, YOUNG MOGULS (ages 7 - 9); RISING MOGULS (ages 10 - 12); MOGULS (ages 13 – 18), will follow a Money Track curriculum.
2013 YOUTH FINANCIAL EDUCATION INSTITUTE DATES
Session One: July 8 - 12
Session Two: July 15 - 19
Session Three: July 22 - 26
Time: 9:00am - 4:45pm
Location: A midtown Manhattan school
Tuition: $275.00 (new students); $250.00 (returning students)
REGISTRATION MEETINGS ARE NOW POSTED ON THE EVENTS CALENDAR. PARENTS MAY ENROLL THEIR CHILD FOR ONE, TWO OR ALL THREE SESSIONS.
Since 2005, author Sabrina Lamb has been the Founding Chief Executive Officer/Social Prophet of the WorldofMoney.org, a leading provider of financial education of underserved youth in the New York City Tri-State area. Under her leadership, she has spearheaded the WorldofMoney.org Youth Financial Education Training Institute, attracting financial experts, whom are adept in teaching youth disciplined saving, stocks/bonds, real estate investment, insurance, et al. Under Sabrina’s leadership, the WorldofMoney.org is a member of New York City’s Financial Education Network, the Nonprofit Coordinating Committee of New York, Council of Urban Professionals, 89 Broads, the Harlem Chamber of Commerce and listed as a "Who’s Who in Black New York."
Sabrina is a 2013 Inductee into the NBC News/TheGrio 100 and is also a contributor to the Huffington Post. She is also the recipient of the BDPA Small Business Innovator Award, Rainbow Push/Wall Street Project Honors, New York State Z-Hope Award, NV Magazine 2011 Movers & Shakers, National Black MBA New York Metro Chapter Entrepreneur of the Year Award. Sabrina has also been nominated for countless national service awards. Sabrina has promoted the cause of youth financial education through workshops and speaking engagements nationwide. Sabrina focuses WorldofMoney.org philanthropic efforts on Charity Water, Haitian Relief and Shoes For Liberia.
WATCH: Sabrina Lamb - Fox Business Network Interview.
WATCH: Sabrina Lamb - ARISE TV.
Sabrina and the youth of WorldofMoney.org have presided over the NASDAQ Opening and Closing Ceremony. She has been designated as New York 1 Television’s “New Yorker Of The Week”, Fox Business Network, WCBS-TV, ABC's Good Morning America and WNBC-TV and Australian television’s “Weekend Sunrise”. Her commitment to professional excellence and devotion to the cause of financial education is only matched by her commitment to youth. Prior to creating the WorldofMoney.org, Sabrina spent several years as a volunteer at the Harlem Hospital Border Baby Unit. She is the best-selling author of the satirical "A Kettle Of Vultures...Left Beak Marks On My Forehead" (Simon and Schuster) and the 2013 publication of “Do I Look Like An ATM? A Parent's Guide To Raising Financially Responsible Children.” (Chicago Review Press).Sabrina, a noted media commentator and former stand-up comedian, was named 16th on the list of 50 Top Black Women in Entertainment in Black Noir magazine. She has written cover stories for Essence, Heart and Soul and Black Elegance on subjects including from Gladys Knight, The Evolving Black Church, Why Women Love Bad Boys to Surviving The Holidays with Your Family. Sabrina was featured in Essence magazine and was the columnist to Black Elegance Magazine's He Say/She Say column. She is a three time finisher in the New York City Marathon. Sabrina graduated from Lincoln University and attended St. John's University School of Law.
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