FLHOS LEAP PROGRAM
“Literacy Economic Assessment Process” Financial literacy is the “conscious ability to use knowledge and skills to manage financial resources effectively for a lifetime of financial well-being. Yet despite its importance, most families lack the knowledge or exposure. Finical literacy can often seem like the foreign conversation in the room of many households. The topic of money and wealth is addressed in a variety of ways for different cultures. For example in some households, there are little to no conversations about money, or how to manage one’s income and financial assets. In other households, families support each other financially and funnel their resources to generate and build wealth. Finally, there are households that have detailed conversations and plans of passing down generational wealth, building credit and financial freedom…. I can only speak for me. I did not come from that, nor did my parents. Ideally, parents should teach their children how to manage money or how to improve their economic well-being. However, without parental guidance, it takes personal initiative to learn, or possibly a mentor to pass on the ins and outs of money management. If parents or peers understand and practice sound financial management, it is more likely for children to have good financial habits and knowledge of the wise use and investment of resources. Those who inherit money are not always destined to keep it, but they will have a head start at obtaining more or maintaining it over those who do not. That is why I created this program to help educate and enhance the lives of our future. What W.E.E Teaches is •how to budget money for financial stability/success •ID Theft Prevention •5 principles of financial literacy •How to creat an up to date budget •Dedicated Savings (and Saving to Spend) W.E.E H.O.P.E is working together with families, local communities, volunteers and partners nation wide so that more people are able to educated and informed on affordable and safe housing opportunities. Our advocacy efforts focus on policy reform to remove systemic barriers preventing low-income and historically underserved families from accessing adequate, affordable housing. And financial literacy.