'Bank Account At Home' is a free online financial literacy course launched through a collaboration between 21 Savage's Leading By Example Foundation, mobile banking service Chime, education tech platform EverFi, and not-for-profit organization Juma Ventures. Available nation-wide, the learning opportunity targets youth and consults on important life skills such as the basic concepts of money management, budgeting, and entrepreneurship. This comes at a proper time as many have been gravely affected by the COVID-19 pandemic which kickstarted a recession.
The free online financial literacy course boasts resources and tools that are geared for a variety of ages—from elementary school to high school students. In addition, the venture will also include some scholarship opportunities for August.
Image Credit: Chime/ 21 Savage
What's Driving This Trend
- Celebrity-backed Educational Courses
- Celebrities promoting educational courses accessible to youth can be leveraged to positively impact education.
- Financial Literacy Increasingly Highlighted
- Given the pandemic-related recession, financial literacy is becoming increasingly important and attention-worthy in order to enhance sustainable future planning.
- Integration of Technology in Financial Literacy
- Incorporating technology can greatly benefit financial literacy courses and make them more accessible.
Who This Affects Most
- Finance
- Finance industry can leverage affordable and accessible financial literacy programs to increase interest of people in finances and promote financial sustainability.
- Education
- The education industry can use technology-based innovation to enhance financial literacy and give pupils more opportunities to learn about money management.
- Entertainment
- The entertainment industry can collaborate with nonprofit organizations to support educational courses that benefit various communities.
