OneMain Financial’s Post

National Financial Awareness Day is a significant yet often overlooked date, especially among the younger generation. To bring attention to this important day, our Personal CFO Mr. Jash Vora, CFP® led an engaging & interactive session with students at L. S. Raheja College of Arts and Commerce We took the discussion out of the curriculum and into the field, directly interacting with students on topics that are practical toward financial independence: 1. Emergency Fund: The Lifesaver in Times of Crisis - Understanding the importance of having a financial cushion. 2. Investing Early: Harnessing the Power of Compounding - Highlighting how starting early can significantly impact long-term wealth. 3. Student Loans and ROI of Education: Making Informed Decisions - A practical look at how to evaluate education as an investment. These on-field interactions allowed us to break down complex financial concepts into relatable discussions, ensuring that students walked away with actionable insights. National Financial Awareness Day serves as a reminder to prioritize financial literacy, and we’re glad to have played a part in spreading this essential knowledge to the leaders of tomorrow. #FinancialAwareness #FinancialPlanning #NationalFinancialAwarenessDay #FinancialLiteracy #PersonalFinance

It’s important to remember there is power in knowledge, and equipping the next generation with financial education is critical. That said, nurturing financially confident kids is a gradual process. Tailor your approach for your own children and grandchildren using these ideas. Sign-up for our newsletter to read more articles like this one: https://lnkd.in/g9RXyTYh #finance #financialplanning #wealthmanagement #wfywm

🎓 Shaping Financial Futures: High schoolers step into the shoes of 25-year-olds at the "Credit for Life" fair, navigating the world of budgets, credit scores, and real-life expenses. Thanks to local community organizations, students get a hands-on lesson in making smart money moves for a secure tomorrow. We had an amazing time at the Westport High School teaching students the importance of financial literacy. #FinancialLiteracy #CreditForLife

#Dualcredit or #concurrentenrollment can help so much with students decisions to attend college, student progress at the college or university, and student completion. (not to mention less student debt) It is great when the high school Personal Finance course is dual or concurrent. 😀 #financialliteracy #financialeducation #financialinclusion #financialcapability #NACEPtweets #naceppics

It is never too early (or too late) to teach your children about money management.💸 Whether they are saving up to buy a new bike or heading off to university, financial literacy is crucial to set your children up for a financially stable future. 👩💻👨🎓📈 Click here to read an article about money management tips for students of all ages: https://lnkd.in/gBCh_dRX #MilnerFinancial #CobourgOntario #financialservices #financialliteracy #students #backtoschool

Some striking findings in our report on Gen Z's finances, which Public First has published with Yorkshire Building Society today: 💷 5 million members of Gen Z haven't saved any money in the last two years, overwhelmingly because they can't afford to 🧠 68% have felt stressed in the last 12 months about their finances, with a third saying they couldn't afford their monthly outgoings going up by £100 😕 39% say they lack the confidence to make key financial decisions, despite the fact they are the first generation who should have received financial education at school Lots more in the report, here: https://lnkd.in/dz5AX6Uw It argues that the education system and the finance industry both need to do much more to help. There's widespread sympathy for this view, with two thirds of older generations agreeing that today’s young adults face more hurdles to achieving financial wellbeing than they did. Thanks to Dan Macey Laura Fozard Pip Morrall at YBS for commissioning the report and to our own team of Gen Z superstars Elinor Gray Meg Price Gabriel Hill for all their hard work on it.

As we celebrate #BackToSchoolMonth, it's a prime time to think about the financial future of our children's education. At IM Wealth Partners, we believe your child's education should never be a source of financial stress. Start planning today for a future that empowers them to conquer their dreams without monetary obstacles! After all, the best gift you can give to your children is the assurance of their dreams. #IMWealthPartners #EducationPlanning #InvestInYourFuture https://lnkd.in/gyvA-C9N

Thrilled to announce the launch of Welcome Financial Education, a platform dedicated to empowering the teenage and young adult children of high-net-worth individuals with essential personal financial education designed specifically for their needs and life goals. In an era with ever growing uncertainty – as well as fraud lurking behind every open wifi – understanding your financial situation is more crucial than ever. Whether the goal is to start a business, pursue artistic passions, or devote time to charitable works, Welcome Financial Education is here to introduce future stewards of wealth to financial literacy. 🔍What sets us apart? ·     Personal experience: We at Welcome were once the confused next gen in meetings who didn’t understand the terminology, were stymied by advice, and feared the motives of those around us. We studied and learned the tools to make our own decisions and are ready to help other next gens do so as well. ·     Tailored information: Standard financial advice and information often does not apply to high-net-worth individuals, and advisors and fraudulent people are more than ready to take advantage of what you and your family do not know. (Not sure we’re talking about your family? Try asking family members if they know the difference between an income statement and a balance sheet or stocks and bonds.) ·     In-person programs: Small groups of attendees aged 13-26 will join us for multi-day courses utilizing specifically designed WFE curriculum with lessons and practical examples geared toward age-appropriate education along with fun activities and the opportunity to meet new people embarking on a similar journey. Learn more today at https://lnkd.in/eGfr6JW4. #NextGen #FamilyOfficeEducation #FamilyOffice #FinancialEducation #Empowerment #FinanceMatters #FinancialLiteracy

Let's take a moment to reflect on this timeless wisdom from Benjamin Franklin. Teaching your children the value of saving is one of the most impactful lessons you can impart. 🌟** When Benjamin Franklin said, "A penny saved is a penny earned," he encapsulated a fundamental principle of financial literacy. For children, understanding this concept early on can set the stage for a lifetime of smart money management and investing. Once your child has a good grasp of saving, introduce them to the concept of investing. Explain how money saved can be invested to grow over time, like planting seeds that will eventually turn into a money tree. Benjamin Franklin's wisdom holds true today as it did centuries ago. By teaching your children that "a penny saved is a penny earned," you're giving them the tools to build a secure financial future. Encouraging good saving habits now will prepare them for the world of investing, helping them grow their financial knowledge and wealth! #growingthemoneytree #moneyforkids #financialadvice #financesforkids #teachkidsmoney #financialliteracyforkids #moneylessons #financialplanning #investingforbeginners #financetips #investingforkids #benjaminfranklin #motivation

Maximizing College Financial Aid: A Guide for Every Family The quest for college financial aid often seems daunting, especially under the misconception that only students with superior resumes qualify. This video challenges that myth, providing insights into how your child can still receive significant financial aid. We'll explore the variety of colleges across the U.S. that are eager to grant aid to diverse students. You'll learn how to identify and apply to colleges where your child's qualities are most valued, regardless of your family's financial background. This guide is about widening your scope and understanding the breadth of financial aid opportunities available. #CollegeFundingStrategies #EducationalFinance #LampertEducationalResources #AffordCollege