PROJECT 200 commenced in 2022, by impacting 20 students in grades K- 5 and pairing them with Adult Mentors. The goal of PROJECT 200 is to demonstrate a marked improvement in students’ reading performance, their habits, and their interests at the conclusion of a designated period. With a minimum of 2 hrs. and up to 4 hrs. weekly, a mentor will engage a student in person with the parent, guardian, or teacher present, or in a group session with the intent of reviewing homework, school lessons, assisting them in their reading and comprehension and provide other motivational aids for learning. There will also be noncurricular group functions for students to participate in.
PROJECT 200 also includes a Financial Literacy component teaching students the fundamentals of budgeting money, and savings. Our expectation is that through motivation, and goal setting we will witness extrinsically, positive behavior not seen in the past from the students. Should a student successfully complete the project on schedule, they will receive $200.00 to begin an Individual Education Savings (IES) account with a local Bank or Credit Union.
The Financial Literacy Model is a customizable program generally conducted for 1-to-1.5-hour, 1-2 days per week over an 8–10-week period. Within its construct, the participants will learn specific financial principles on a weekly basis. Each week there will be a different focus, from understanding money to creating individualized financial strategies/practices that can be implemented in real time or in the future. With a combination of pre and post assessments/evaluations we expect participants to shape behavior at best – and set a foundation for future behavior at the least. Completely interactive, we expect to learn from students those things which may contribute to poor financial understanding and habits, it is then that we create real life – customized models for each student. Our expectation is that students will share what they have learned to parents and other family members.
Overcoming financial illiteracy issues within our local schools and community has more to do with establishing best practices and an understanding of the impact financial decisions have on all other factors of a person’s life than simply presenting financial information. Put another way, an organization can provide financial information, but if emphasis is not made to adjust and shift individuals’ financial behaviors, the most informed person may still fail to reach their financial goals.
Our Financial Literacy Model is designed to place trained financial instructors in classroom and community center settings to teach participants the importance of gaining financial literacy and developing good financial behaviors. Through interfacing with financial institutions, the importance of utilizing banking systems will be emphasized and taught.
This program emphasizes empowering participants with financial literacy skills and training to identify, create, and leverage available financial resources. The underlying issues of historical and current behaviors associated with illiteracy is what our program seeks to eliminate/alleviate. This program is data driven, result oriented and dedicated to changing the narrative to prioritize financial literacy as a vehicle to social and economic development.
In addition to the various sessions and practical exercises, this program will interface with financial institutions to relay the importance of the banking system with regards to financial literacy.
The uses of Technology allows any student to access information through devices that are an essential element of everyday life such as computers, smartphones, tablets, and more. It allows individuals to explore and engage in learning objectives.
Children who participate in literacy programs improve their grades and test scores, improve their reading skills, and are less likely to drop out of school.
Ultimately, for YLP to have success there must be bold participation, contributions of time and resources and result measurements. To this end, we will continue to creatively confront illiteracy and develop solutions with supportive entities; private businesses and others are already committed to improving literacy skills among our youth.
Another means of which to confront the problem while advancing literacy is through Book Drives. Book Drives are as essential as Food Drives. Successful Food Drives are initiated by ambitious volunteers with an interest in ensuring that the hungry gain access to regular meals. Like Food Drives, illiteracy will be conquered by volunteers concerned about raising the standard of living in our community beginning with and through promoting the basic skills of reading and financial literacy among our youth.
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