Chicago Non-Profit, One Stock One Future, has an awesome goal! It wants to turn a million underprivileged youth into shareholders. This will give them a sense of ownership, pride and of course a higher level of financial literacy! Something that is missing from many state’s education in this country.
Founder Rendel Solomon told WGNTV.com
“I’m trying to provide hope, inspiration, empowerment and opportunity,”
The organisation teaches the nuances of personal finance after Solomon himself suffered hard financial times.
Solomon is from Chicago’s West Side and found himself in huge debt after moving to New York. A mentor helped him get back to Chicago and get straightened out
Solomon said:
“My inspiration really was my niece who is 8 years old, to buy shares of stock for her 8th birthday. And I bought her shares of Nike, Apple and Disney,”
And this sparked the idea, the goal and the beginning of One Stock One Future.
Each students gets $20 worth of shares along with their education to get them started!
An awesome idea!
Read more on WGNTV.com or visit One Stock One Future.
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