Wednesday, May 8, 2019

Houston Author to Host Annual Financial Literacy Event for Teens

Get The Scoop Weekly On Southeast Queens. Subscribe to Our Mailing List. Receive the Latest Events, News, Jobs, and Top Community Economic Development Stories Like this one Click Here
-------

   HOUSTON-BASED AUTHOR TO HOST ANNUAL     FINANCIAL LITERACY EVENT FOR TEENS
 

Nationwide  Financial author Lonnie R. Mathews has traveled a long and difficult road to realize his passion in life, armed with degrees in finance and accounting Lonnie has worked as a financial analyst and planner but struggled with his own personal finances for a long time. With persistence and determination, Lonnie continues a process of self-education that has distinguished him as an authority on personal finance and the process of getting out of debt.

Article Or Event Continues After Sponsor's Message Below...


Please Support Our Ad Sponsors Who Make This Community News Blog Possible. And Don't Forget To Tell Them You Saw Their Ad in The Scoop!

Enjoy Great Entertainment, Food And Support Community Businesses At The B.E.S.T. Networking Group's Taste & Shop
 2nd-Taste-n-Shop
Click Here To Attend Or Get More Info 

Article Continues Below...

Mathews is now recognized as an exciting and inspirational speaker in the area of personal finance. Being in debt most of his adult life, Lonnie and his wife quickly realized that this was not God's plan for their finances, so they took the necessary steps to become debt free. Because of his newfound freedom, Lonnie published a couple books on personal finance. His latest book is titled Spend Everything, An Inspirational Guide to Money Management. In 2002, Lonnie founded Alliance Financial Ministries, a Houston-based non-profit financial literacy company. The goal of this company is to provide individuals with the education and tools necessary to make sound financial decisions.

In 2011, after speaking to a group of teens at his church about finances Lonnie realized that many of them had little to no prior knowledge about money and how it works. "I was kind of shocked but not really that teens did not know a lot about money, I guess I assumed they were taught in high school," said Mathews.

It was at that moment Mathews knew it was up to him to change things. In 2012 after receiving a $5,000 grant from Dow Promise and The Dow Chemical Company, MoneyLIVE was created. MoneyLIVE is a fun interactive half-day career and money simulation event designed to educate high school students through a real-life financial simulation. Mathews describes the event as

"MTV meets financial literacy, an event where students arrive and there is a DJ playing music, excitement is in the air and prizes are won all before they are talked to about careers and money," he adds.

The purpose of this event is to teach students to make wise financial decisions, educate them about finances, and prepare students for a lifetime of good financial decision making. The event is also designed to help the students to connect the dots among career choice, income and the potential lifestyle the can have.

"They go through a real-life money simulation where we pass out their new lifestyle and careers," the cards would typically say something to the effect of "You're 25 and you and your spouse bring home $6,500 a month, you have a 5-year old child and you're in debt," said Mathews about the program.

The students then go through the financial simulation with the situation they are given and have go around the room to the various stations. At each station is a vendor selling the students all the items they need to run a household and some of the things they don't need as well. The students have to choose their housing, pay for daycare, pay for groceries, etc. and it is up to them to make their own financial choices that they see most fitting for their new lifestyle.

"It's a great experience for the kids because they're like, 'This isn't real,' and I'm like 'Yes this is,'" says Mathews.

This year's event will be the 8th annual MoneyLIVE event. Mathews says the program has grown tremendously "from 60 students in our first year to having 350+ students attend MoneyLIVE in 2018." MoneyLIVE now has workshops for parents to give them valuable information to help their student(s) take the next step in life.

When asked about expanding beyond Houston Mathews said MoneyLIVE has been held in other cities such as Victoria, TX and Austin, TX in the past. "Right now we are focusing on growing the event in Houston and keeping the program FREE for the students and parents."

MoneyLIVE is made possible by companies such as Veritex Bank, H.E.B, American First National Bank, Community Health Choice, Cadence Bank and others that have a heart for helping students learn about financial literacy in a fun way.

This year MoneyLIVE will be held on Saturday, June 8, 2019 from 9am - 12pm @ The NRG Center located at 1 Reliant Pkwy, Houston, TX 77054.

To get more information or to register, visit www.moneylive.org. Please contact Lonnie Matthews at (281) 845-3642 for event related questions.

Sponsor's Messages Below

Get 10% Off On Mysteek Naturals Organic Hair Color Naturally: Use Coupon Code SCOOP19

 Link-2-Mysteek-Naturals

 

Don't Forget To: Use Coupon Code SCOOP19



Give The Gift Of Beautiful And Affordable Photo Realistic Or Ethnic Art For The Holidays

World Class Sophisticated Art Can Portray Your Love This Holiday Season  - Discover Exceptional Black Art, Get Exclusive Custom Framing, and Receive Expert Photography from Renowned Local Artist Click Here


Beautify Your Home and Accentuate Your Life - Discover Exceptional Black Art, Get Exclusive Custom Framing, and Receive Expert Photography from Renowned Local Artist Click Here


Checkout Similar Articles Below


Share 


Posted by community events coordinator, Nzinga Lonstein Austin, is a prolific blogger who writes on the entertainment industry and issues for people with developmental and physical challenges.

She is presently in high school looking to have a career in video, film, and media. You can see more of her entertainment writing on Lonstein Movies.


About the Southeast Queens Scoop - is the premier website and only publication offering daily news and updates on the events, culture, issues, and is dedicated to the business and economic development in this largely black historic community.

The publication targets the over 350,000 residents in the Southeast Queen and Jamaica Queens area. It promotes to over 40,000 potential viewers in social media, mobile devices and search engines like Google and Bing!  To learn more about how to promote your business or organization on the Scoop or online Click Here


 No Spam Only The Scoop On Southeast Queens


Since you are here think about this please.  Do You Want The Southeast Queens Scoop To Continue To Promote Empowering News and Events largely ignored by the corporate owned mainstream media in our area?


Since most local businesses don't have large ad budgets then please consider donating to ensure we can continue our media efforts.  We appreciate all contributions ($5, $10, $15, $20, +) no amount is too small. Please donate now below or read more on donations.



No comments:

Post a Comment