Education and financial literacy programs teach parents about relevant resources and better equip them to manage their family’s budget. For example, Count On Your Future, the financial advancement program component, provides opportunities for families to secure Individual Development Accounts (IDA) to help low to moderate income earners learn to spend and save wisely. Participation enables families to become: more stable; put down roots, and; climb the economic ladder.
I [recently] turned 66…I am now a proud member of Country Financial Investments. I figure by the time I [turn] 75, I will have accumulated a pretty nice nest egg for myself.”
Count On Your Future was established in 2014 with support from COUNTRY Financial to teach families the methods necessary to achieve economic empowerment.
Georgia Ranks among the lowest states with “weak or no policy” for helping low-income individuals and families build assets on the Assets and Opportunities State Scoreboard of the Corporation for Enterprise Development (CFED).
Through a series of seminars, one on one sessions with a financial professional and the distribution of incentive funds through an IDA program, helps participants to plan for a future that includes higher education and retirement, and realize a sense of financial advancement.
Participants are taught by COUNTRY Financial representatives and address topics that encourage proper budgeting, insurance, investing and saving, in order for individuals to build a financially secure future for themselves and their families.
Open successful completion of the seminars, participants are granted seed money to open an investment account, receive matching contributions and paired with a COUNTRY representative to receive no cost consultations for up to 2 years.
Seventy-seven percent (77%) of participants have completed the entire workshop series comprised of four weekend classes since 2014. Fifty-three percent (53%) of participants have opened investment accounts and then qualified for seed money and matching contributions from WDC’s Count On Your Future program. Participants started savings for their futures with initial personal investments ranging from $50 up to $2,000.
For more information, contact Ashley Hamilton, email: [email protected] or (404)632.2825.