Chalkboard Financial will continue its mission to equip students with personal financial education and career guidance.
We believe every student should be taught basic financial literacy to #preventdebt and help them build a more prosperous community.
We connect with students by partnering with schools and other organizations that have established ties within the community.
There is a critical need for financial literacy education.
- 1/3 of Lebanon County falls below the poverty line.
- Income insecurity and poverty were concerns for Lebanon County, according to United Way 2017 Community Needs Assessment.
- Self-sufficiency is another important indicator of financial health. Self Sufficiency is generally measured as having an income 200% above the Federal Poverty level. (United Way 2017 Community Needs Assessment.)
- U.S. student loan debt exceeded $1.2 trillion, with over 7 million debtors in default.
- 64% of parents with college-bound children are worried about their children’s ability to manage money.
As marriage, kiddos and relocation with my husbands company have since changed my life; my passion for wanting to help students achieve a financial education has not, and come from my own experience.
After high school, I merrily strolled along to college acquiring student loans, credit cards and other debt. I wasn’t living frivolously, but the lack of understanding in goal setting, budgeting & planning, and the naive thinking after college I’d get a “real” job and be able to afford everything, not only left me broke after graduation, but the harsh reality of #paymentdue came crashing in. Entry level salaries didn’t meet student loan payments. Its a scary place that no student should ever have to face. We should be setting up our students to succeed not struggle.