Financial Literacy

Our Commitment to Financial Literacy

 In underserved communities across Chicago, a lack of financial knowledge often serves as a barrier to achieving financial stability and long-term success. By equipping residents with essential financial skills, we empower individuals to make informed decisions, plan for the future, and break free from cycles of poverty.

Why Financial Literacy Matters

For many Chicago neighborhoods, systemic inequities have contributed to economic hardship and a lack of access to financial resources. According to a report from the Financial Health Network, 57% of Chicagoans are considered financially vulnerable or financially coping, meaning they struggle to cover expenses, manage debt, or build savings. In predominantly Black and Latino communities, these numbers are often even higher.

Gresham Community Center (GCC) was founded on two unique pillars that are respectively important to both of our founders. Financial Literacy and Delinquency Prevention. These pillars together have the potential to unlock a completely new realm of opportunity for the city of Chicago.

Our Commitment to Financial Empowerment

Through workshops, mentorship programs, and partnerships with local financial institutions, GCC provides accessible financial education that meets the needs of our community. Our curriculum covers topics such as:

• Budgeting and money management
• Understanding and building credit
• Debt management and reduction strategies
• Saving and investing for the future
• Homeownership and wealth-building

By fostering financial confidence, we aim to inspire individuals to take control of their financial futures, start businesses, purchase homes, and invest in their communities. Together, we can close the financial literacy gap and pave the way for a more equitable and prosperous Chicago.

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