August 29, 2022 – ATLANTA, United States of America – Most adults likely hadn’t had the opportunity to take a personal finance course when they were in high school. And that’s a shame because these courses can teach teens the skills they need to become self-sufficient, self-reliant, and independent adults. That’s why Ashley Loveless Cunnigham has created an eight-module financial literacy course for teens ages 13 – 19.
Adults who completed high school have taken a similar course called Economics, but many public schools no longer offer it. That’s unfortunate since financial literacy is more important than ever as the economy changes and technology advances. Ashley has seen the lack of literacy among teens in America, evidenced by studies that show more than 75% of young adults in the United States, aged 18-24, are in debt because they spend more than they earn each month. Because of this, they rely on monthly credit cards to make ends meet. Furthermore, because they lack credit history, they are paying increasing amounts of interest on the resulting debt.
Financial literacy refers to the abilities and knowledge that our children should have to make sound financial decisions. Teaching children how to spend money wisely from the start is just as important as teaching them good manners and habits. Financial literacy encourages saving for specific goals and spending only on what is necessary and affordable. It will ultimately play a significant role in enabling them to live a happier and more financially secure lifestyle. Every child will reach 18 and receive a credit score, but many will be unaware of how that score is calculated or what steps to take to maximize that number.
Financial literacy is essential for assisting young people in effectively managing their money to become financially stable, build assets, and achieve their personal goals. Decisions made in early adulthood can have lasting financial consequences. More training programs that increase the number of financially literate citizens who can make better and wiser financial decisions in their own lives are needed as a society. Such programs are beneficial not only to the individual but also to society. The 2008 financial crisis demonstrated that poor financial decisions made by individuals had a negative impact on our country.
After starting her credit repair company, Ashley quickly realized that there was a need for such a program. The youth needs guidance from adults in more ways than one. Ashley says, “I’m big on breaking generational curses, and the youth holds a soft spot in my heart. I wanted to give them a fresh start, teach them things we didn’t learn as young adults.”
Ashley Loveless Cunningham, CEO Ash Da Life Changer, is often called the “Lady Who Leaves Nothing On the Table.” Born and raised in Mobile, AL, Ashley is a serial entrepreneur. In addition to running her successful credit repair business, she has been fortunate to own and operate several other companies, leading Ashley to begin her coaching career. As a new industry mentor, Ashley hopes to return the love, passion, and joy she has received over the years.
Media Contact
Company Name: New Credit Inc – Credit Rising Teens LLC
Contact Person: Ashley L. Cunningham
Email: Send Email
Phone: 251-459-0621
Address:1000 Hillcrest Rd Ste #340B
City: Mobile
State: AL 36695
Country: United States
Website: https://creditrisingteens.teachable.com/p/credit-rising-teens-financial-literacy-course