The Massachusetts State Treasurer’s Workplace of Financial Empowerment Companions With Cash Expertise To Supply Free Monetary Literacy Course To Native Group Schools

State Treasurer Deborah Goldberg founded the Office of Economic Empowerment in 2014. Its mission is to implement a range of economic empowerment initiatives, including closing the racial and gender pay gap, prioritizing racial justice, improving access to financial education, improving college affordability, and investing in STEM careers and education . In line with the stated goals of OEE, this new program offers students a path to improve their financial future. By providing free access to financial education, the OEE aims to gain access to instruments and resources that help improve economic conditions of competition.

“People of all ages and backgrounds need the skills necessary to navigate today’s financial environment,” said the treasurer Deborah B. Goldberg. “By partnering with Money Experience, we can provide local community college students with a vital resource that will enable them to budget, save, invest and be financially sound.”

“Money Experience is an innovative tool that our community college students use to plan their financial future and plan for both the expected and unexpected events in their lives. This tool also provides a great opportunity to demonstrate the tremendous value of a community college education to highlight offers Massachusetts Residents “said Tom Sannicandro, Director of the Massachusetts Association of Community Colleges (MACC). “We are grateful for Treasurer Goldberg’s work on such critical initiatives to strengthen the economy and appreciate this important partnership.”

Money experience Basics provides a unique, engaging way to teach financial education online. Using an immersive life simulator and graphic novel, the personalized approach focuses on quality of life and personal priorities, helping students gain an overview of how their lifestyle and financial decisions affect their future. Students first set priorities for each phase of life and then make a variety of professional, personal, and lifestyle decisions. As each decision is made, they will see how it aligns with their priorities, affects their quality of life, and affects their finances. The financial model uses real-world data to calculate the entire lifecycle of a person’s financial decisions, including average salaries for different jobs, rents in different cities, interest rates, cost of living, and more.

“As a Massachusetts We are pleased to have the Office of Economic Empowerment on board as a customer. By adding Money Experience to its state-approved list, the OEE can offer Essentials to so many students in our community, “he said Jeet singh, Founder and CEO of Money Experience. “We strongly believe that life skills are a vital part of a young person’s education. When planning for the future, it is important to understand how money works in life, and we want to help each and every student create a future that will which matches his own personal needs, goals and priorities. ”

Money Experience is deeply rooted Massachusetts, complies with the Massachusetts Student Privacy Agreement and has worked with a range of organizations – from high schools and colleges to nonprofits and financial institutions – to improve financial literacy across the state and position the next generation of residents for financial success.

All Massachusetts Community colleges wishing to access the course can apply to the OEEs website. Licenses are continuously distributed via April, 30th2022.

About MACC
MACC represents the fifteen Massachusetts Community Colleges and works on behalf of the Presidents and their local advocacy, communication, and collaboration boards to empower community colleges for the benefit of students, communities, and the Commonwealth.

Via the Massachusetts Treasurer’s Office of Economic Empowerment
On her first day in office, Treasurer Goldberg established the Office of Economic Empowerment, under the direction of an Assistant Treasurer, with a conscious aim to implement a range of economic empowerment initiatives, including closing the race and gender pay gap, eliminating racial justice, and improving it access to financial literacy, improve college affordability, and invest in STEM careers and education.

About money experience
Part of the corporate family founded by quoted Boston Tech entrepreneur Jeet singh and Joe ChungMoney Experience is an educational technology company that addresses the need for personal finance literacy among young people and adults. Money Experience is headquartered in One Kendall Square, Cambridge, Massachusetts. https://www.moneyexperience.com/

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SOURCE Money Experience