New Financial Literacy Program Helps Americans Take Control of Their Finances

Tue Aug 11, 2020 - 9:09am GMT+0000

Inspired South Florida entrepreneurs prepare to launch online financial literacy school to help Americans take control of their finances and properly budget in hopes of preparing families in case of another unexpected economic turn like this year’s shutdown.

MIAMI, United States – August 11, 2020 /MarketersMedia/

In this post shut-down world there Is hope for many Americans who found themselves in economic danger due to COVID-19. The impact of the 36.3 million Americans suffering from joblessness, is compounded when you consider that nearly 25 percent of Americans have no emergency savings and a 2019 survey by Bankrate showed 35 percent of all adults in the U.S. have only several hundred dollars in their savings account, leaving them dangerously vulnerable to any negative economic turns.

When author and financial literacy advocate Daniel Shalach saw the suffering caused by the economic shutdown he immediately focused on a counterattack. Shalach who is not a stranger to adversity has been feeding the homeless and needy families for over 10 years. He researched and found the nation’s top financial education program and partnered with them to develop and create an all-inclusive financial education course that teaches both children and adults through a faith-based non-profit, they named it the Kingdom Financial Academy.

“My peers have always said I should own a school, and now we have an online financial literacy school. This all had its genesis when the shut down happened. We found our giving pantry wiped clean of food in two weeks. I had to turn people away for the first time in over a decade. When I asked what could have helped them, many answered simply “we were not ready”. Upon further investigation I found that many had enough money coming in, but suffered from too much debt, poor choices, and bad credit. I knew these were symptoms of financial illiteracy that caused millions to suffer in the shut down. Since the problem is rooted in poor money habits caused by generational strongholds I decided to partner with experts and offer my community a real cure they could use for life.” Shalach said

Shalach immediately reached out to and partnered with Mompreneurs Shasta A. Baker and Samantha L. Quiñones in hopes they could all join resources and make an impact locally.

Baker the owner of the Secret-Side Hustle, is a polished trainer of millennial moms helping them make extra money, pay off debt and save for their family’s future. She has championed the proper instruction of financial literacy and has taught first-time home buyers’ budgeting classes for H.U.D. with the county since 2018.

“When Daniel called, I was very flattered. I know of his work in the community and it was a pleasure to partner with him in this endeavor. As a single mom I had to break my own cycle. I used to work 7 days a week as an employee and have extraordinarily little to show for it. When I started my own business some things changed, I made more money and worked less. But I still was not properly meeting my bills and my savings looked the same. When I learned to budget based on biblical principles, I was able to not just save more but become debt free. Thankfully, I turned that into my system for moms and I believe it goes hand in hand with the fiscal education our school will offer. I have been very blessed during this shut down and I want to pass that on to my brothers and sisters.” Baker shared.

Quiñones is an up and coming millennial business owner who focuses on helping her peers prepare for their future through sound financial planning and targeted investment that allows them to function debt free, discover their purpose and live out their passions. Her involvement in Miami’s Hispanic community has allowed her to have a clear view of what is needed both from practical and personal experience.

Quiñones stated: “When Daniel shared with me his vision from the Lord and asked me if I would donate my services to teach our community on insurance and long-term investments I said yes. My answer came with only one caveat, I wanted to see the curriculum and make sure it was a completed work. Several months later he showed me the online school and curriculum. I was so impressed I made my decision on the spot to partner with him to help our nation get a firm hold on their own finances in hopes we can avoid another huge disruption in everyone’s finances like the last one caused by the shut-down.”

The online school is scheduled to launch on September 1st, 2020. They offer group classes, family classes, or individual training to better serve the community.

While students are not required to be Christian (the course is non-religious) the Kingdom Financial Academy will offer supplemental items that are biblical based teachings and examples to better serve the Christian community. These are scheduled to be released in October later this year.

To learn more or to inquire about in real life or virtual speaking engagements for your organization or church contact Kingdom Financial Academy below.

Contact Info:
Name: Daniel Isaiah Shlalach
Email: Send Email
Organization: Kingdom Financial Academy
Address: 2665 South Bayshore Drive, STE 220 Miami Fl. 33031
Phone: 866-969-3349

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Source: MarketersMedia

Release ID: 88971611