money tips

Money Healing at PMSA Mental Health Club

We are so excited to continue our programming in the Proviso schools! This week, we were at PMSA. Jasmine Lopez our ED and CEO of Mentally Mutual offered her money healing talk to the students. Many came with great conversation and productive feedback for us! We loved to hear their thoughts on their current ideals of money and how to change them to be more positive and reflective of their own boundaries.

Thank you to the students who came and to Jasmine for sharing her wisdom!

Community Talk: Money Healing

Last night Jasmine, ED of The Firehouse Dream and CEO of Mentally Mutual, led us through her money healing discussion! We are so excited to be hosting Jasmine for her second money healing talk with The Firehouse Dream. Jasmine shares her journey on her money healing mindset shift and all the opportunities it has created for her thus far. Her workbook, “Limitless Dreaming” is interactive for participants to actively reflect and change their mindset. Jasmine led the participants through the workbook and then after she presented her tips she uses today for values-based budgeting.

Thank you Jasmine for continuing to change the stigma against money and educate the importance of money as a resource instead of negativity.

Adulting 101 | Roth IRA

For our last workshop for Adulting 101, we met with Mariel of Money for Mujeres. Mariel first led us through an introduction on investing. Specifically, what is investing and why is it different than saving. Our young adults learned the different types of investments; Stocks, Index Funds and Bonds. They learned which type would be best to start building wealth. They also learned the different types of IRA’s and which are best for your income and investing habits.

After Investing 101, the young adults opened up their accounts! We had two young adults successfuly open up their Roth IRA and started to invest. Thank you Mariel for teaching our young adults the importance of investing and helping them build their wealth!

Adulting 101 | Money Healing

One of TFD’s pillars to complete our mission is education about financial wellness. In a community where 26k is our average income, we want to create opportunities for youth to learn good financial habits now to achieve financial freedom in the future. Along with this goal, we asked our youth what they wanted to learn before starting adulthood. Hence, Adulting 101 was started.

This workshop, Jasmine Lopez, Co-founder and Executive Director led the youth through a money-healing workshop. The purpose was to reframe your thoughts about money in order to achieve “limitless dreaming”. Jasmine talked about creative provision as well, which is using resources around you and faith that one day you will receive what you wish for. Then, the youth made limitless goals of what they wanted. Some stated traveling, building their own business, and living in beautiful houses. Check out the pictures below for the full story!

Thank you so much Jasmine for continuing to be vulnerable with your story to show others and our youth how success is anything you put your mind to.

Budgeting 101

Photo Credit: Mariah

After an amazing spring break, our mentees returned this week. We started the first day of week 7 mentorship with an ice breaker asking, “What are two things that make you unique?”. Afterward, we discussed ideas for community projects. During our Summer 2021 mentorship, we had two groups create a community project. This first group project was Conversation Food Desert, where a group of mentees started up a conversation about Maywood being a food desert. The second group project was Maywoodian Families, this group found families in our community and photographed them, along with a series of questions and answers. These projects were shown to our current spring mentees to get inspiration for their community projects.

After our dialogue on community projects, we welcomed Stephanie, a TFD board member, to lead a workshop on how to budget. It was so great to see our mentees engage in a dialogue about financial wellness; one of our three pillars at TFD. Stephanie shared tips & advice on how to understand the process of budgeting, practical budgeting tools, and encouraged budgeting.

As a group, our 8 mentees created a mock college student budget of $2,000 along with a list of expenses. This individual was responsible for: car insurance, gas, textbooks, food, wants, household items, savings, credit card debt, cell phone, rent, and investments. It was amazing to see how invested our mentees were in this workshop. We cannot wait for the next one!

Photo Credit: Mariah