Philip’s Academy Hosts Financial Wellness Book Talk with Dr. DeForest Soaries
In a world where financial literacy is more important than ever, schools like Philip’s Academy Charter School in Newark are taking proactive steps to ensure their students, families, and staff are equipped with the tools for personal financial independence. One recent initiative that highlights their commitment to financial wellness was a book discussion with Dr. DeForest “Buster” Soaries, Jr., a renowned financial educator and author.
Dr. Soaries, known for his bestseller “Say Yes to No Debt”, led a seminar for teachers and staff at Philip’s Academy, sharing his insights on achieving financial freedom. The event was part of the school’s ongoing efforts to empower their community with the knowledge and skills needed to make sound financial decisions.
But Philip’s Academy’s dedication to financial wellness doesn’t stop there. The school also partnered with Newark First Lady Linda Baraka’s Newark Women Moving Forward Financial Initiative (NWFMI) to support female financial empowerment. As a host site for the initiative, Philip’s Academy played a key role in helping 1,000 Newark residents become debt-free.
One of the standout success stories from the program is Sharon Alonzo, a coding teacher at Philip’s Academy who also runs a small business. Through the 12-week program on personal finances and small business development, Sharon was able to not only enhance her own financial literacy but also help other participants start their own side businesses.
Principal Yasmeen Sampson expressed her gratitude for Dr. Soaries’ partnership with the school, emphasizing the importance of sharing knowledge to empower others. Dr. Soaries himself commended Philip’s Academy for their commitment to the success of their entire school community, highlighting the impact of teaching financial literacy to others.
As we navigate an increasingly complex financial landscape, initiatives like the one at Philip’s Academy Charter School serve as a beacon of hope for those striving for financial independence. By equipping students, families, and staff with the tools and knowledge they need to make informed financial decisions, schools like Philip’s Academy are truly making a difference in their community.
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