KARA’s FREE financial literacy program provides knowledge and starter grants

for Minnesota State Ward Fostered & Adopted youth teaching them the Fundamentals of Money and Work

This is a facilitated peer group approach for at risk youth focusing on understanding money with a goal of smarter financial decisions resulting in better lifestyles for youth that historically have not done well in earning or spending money.

THE KARA FINANCIAL LITERACY PROGRAM IS;

A PLACE TO LEARN,

DISCUSS AND ASK QUESTIONS,

FIND MEANINGFUL GUIDANCE

AND HELP STARTING THEIR PERSONAL FINANCIAL JOURNEY

 

THE NEED (nationally)

  • 80% of youth aging out of foster care go on to lead dysfunctional lives.
  • 20% of them become instantly homeless upon aging out of foster care
  • Only half of them will have gainful employment by the age of 24.
  • 97% of them will not earn a college degree (ever)
  • 70% of aged out girls will become pregnant before the age of 21.
  • Financial literacy and skill building grows confidence and a better future for many of them.

 

Providing disadvantaged youth the tools and the startup fund they need to have a better future.

KARA guides youth through multiple phases of financial literacy covering;

 

MONEY TOOLS AND TRAPS

(cash, credit/debit cards, checking/savings accounts and credit scores)

WHERE MONEY COMES FROM
KEEPING WHAT YOU HAVE
GETTING WHAT YOU NEED – GETTING WHAT YOU WANT & KNOWING THE DIFFERENCE
BIG MONEY MISTAKES
TRUST, FRIENDS AND MONEY
DUMB MONEY
SMART MONEY
EARNING MONEY,
LOSING MONEY,
INVESTING MONEY

 

MAKING MONEY

WHAT IS THE GIG ECONOMY

WHAT IS ENTREPRENEURSHIP

WHAT A GOOD JOB LOOKS LIKE

WHAT A BAD JOB LOOKS LIKE

HOW TO GET HELP FINDING A JOB

HOW TO GO ABOUT JOINING THE GIG ECONOMY

 

If you would like to support this important program, please DONATE ONLINE or contact KARA at hello@invisiblechildren.org

If you are the parent or guardian of a youth ages 13-18 living in the Twin Cities metro area in the MN State Foster Care or Adoptive Services programs and would like more information about participation in this program, please complete this Interest Form.