FINANCIAL LITERACY FOR THE 21ST CENTURY AND BEYOND.
The Financial Freedom & Economic Stability Initiative is the brainchild of Mr. Eddy Sumar and spearheaded by the Inland Empire Regional Chamber of Commerce (IERCC) championed by IERCC's Chief Advisor, the California State Treasurer Fiona Ma.
Financial literacy is a right of every individual. Fiscally responsible individuals are productive members of their communities and society at large. The world needs financially savvy individuals, families, and business communities to thrive and prosper. Financial literacy and mastering its concepts can lead to increased wealth, enhanced well-being, and long-term financial security.
When every individual is financially strong, families become strong. Strong communities with financially strong businesses can lead to economic stability and prosperity. We believe that all residents of the state of California should become financially literate. We all need to aim to become financially free and become Masters of our financial destiny!
The Financial Freedom & Economic Stability initiative begins here, in Southern California's Inland Region. Financial literacy training and workshop dates to be announced soon...
Championed By
Our Focus Begins With
Financial Standards
We have (10) standards for financial stability. The foundation of these standards is based on the following:
- A foundation of Equity to level the playing field for all; a one-for-all and all-for-one mindset.
- A foundation of Social Justice to uplift individuals, families, and communities; help them transform to acquire economic stability and prosperity.
- A foundation of Financial Self-Governance equipping all with the knowledge, training, and tools to aim to become financially savvy and financially free.
- A foundation of Green that underlines the values of Saving, Efficiency, Thrift, Frugality, and Economy.
Each of the (10) standards below comes with an in-depth financial literacy curriculum to educate individuals of ALL AGES on the importance of FINANCIAL STABILITY.
STANDARD 1
Keeping the Dream Alive!: The Dream is Alive! Financial Literacy and You
STANDARD 2
Understanding Self and Managing Self in the Context of Money: Ascending the Pyramids and The Triangle of Income
STANDARD 3
Mastering the Key Components of Financial Freedom—Spending, Saving, Investing. Understanding Risk!: Talking Financial SSI and the Pyramid of Risk and Return
STANDARD 4
Building a Strong Credit Reputation and Managing Debt Wisely: The Story of Credit and Debt
STANDARD 5
Being in Control by Constructing and Managing a Dynamic & Practical Budget!: Constructing a Budget
STANDARD 6
Protecting What you Have! Knowing the Law and Regulations: The Value of Insurance & ID Protection. Being Aware of the Legal Environment
STANDARD 7
Becoming Skillful at Handling Life's Key Decisions!
- Shall I work during the summer break?
- Shall I go to college or begin working after graduation?
- Shall I get a job or pursue a career?
- Shall I file and pay my taxes?
- Shall I open a bank account?
- Shall I spend my wages or salary? Or shall I save? Or shall I invest?
- Shall I get a credit card?
- Shall I buy a car or lease a car?
- Shall I move out of my parent's home?
- Shall I rent an apartment or buy a house?
- Shall I..., etc.
STANDARD 8
Focusing on the Financial Strength of the Individual, Family, and Community: Financially Savvy Individuals Lead to Financially Strong Families and Communities
STANDARD 9
Focusing on the Financial Strength of entrepreneurs and the Business Community: Financially Savvy Entrepreneurs and Businesses lead to Economically Stable Communities, Cities, Counties, and State.
STANDARD 10
Building A Strong Mindset for Financial Freedom and Economic Stability State-wide: Championing Financial Freedom and Economic Stability
Sponsors and Partners
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