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Toronto Entrepreneurs Launch Financial Literacy Program, Checks Over Strikes, to Help Support Toronto’s Marginalized Communities

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Checks Over Strikes helps younger adults in GTA’s marginalized neighbourhoods study the fundamentals about finance

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TORONTO — A pair of enterprise leaders who grew up in two of Toronto’s marginalized areas are paying it ahead to their communities with the growth of Checks Over Strikes — a monetary literacy program and platform geared toward instructing the fundamentals of finance to adults and youth dwelling within the metropolis’s most marginalized neighbourhoods.

Based by entrepreneurs, Craig Brown and Dean Chambers, Checks Over Strikes combines on-line and in-person studying with mentorship alternatives from native companies to interrupt down the basics on every thing from credit score and financial savings to investing and monetary planning.

The excellent on-line program goals to coach youth and younger adults on a variety of monetary “should is aware of” together with easy methods to handle bank card debt, mortgage approval, and wealth creation. Checks Over Strikes’ distinctive method is to talk to its communities in their very own voice — leveraging its widespread social media accounts and podcast to ship enjoyable and sensible monetary classes that attain and resonate with a youthful viewers.

Checks Over Strikes attracts on Dean and Craig’s personal lived expertise as younger adults rising up within the Toronto neighbourhoods of Jane and Finch and Trethewey/Lawrence Heights respectively, the place family and friends fell into the lure of quick spending, same-day loans, low credit and overwhelming debt. Their choice to coach themselves in enterprise is how they achieved their aim of changing into profitable and financially secure entrepreneurs.

“One of many greatest issues in our neighborhood is self-sabotage round cash. So many individuals are spending recklessly with no planning for the long run,” says Brown. “Finance is intimidating and doesn’t all the time register with younger individuals. We have to join with our neighborhood to allow them to study to put money into themselves. The extra we educate ourselves on finance the extra possible our communities will thrive.”

“Rising up as a younger Black man in Jane and Finch, there was not lots of discuss finance. I want somebody sat me down and went by way of the danger of credit score and the fundamentals of creating your cash be just right for you,” says Chambers. “Our neighborhood has been the toughest hit by COVID-19, and we need to make certain our younger persons are absolutely ready for the brand new financial realities that lay forward.”

To extend this system’s accessibility and neighborhood success, Checks Over Strikes is providing free entry to its basis programs all through the summer time.

Checks Over Strikes is an extension of Brown and Chambers’ acclaimed ebook, Don’t Be A Waste Yute: The Financial Literacy Guide. The main target is to reduce younger adults from being labelled as “waste yutes” (a youthful one that has failed to make use of their time correctly) by way of monetary literacy. Hundreds of copies of the ebook have been bought and distributed throughout Canada.

View supply model on businesswire.com: https://www.businesswire.com/news/home/20210705005278/en/

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Greg McIsaac
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