We offer financial education and holistic programming in hopes of closing the wealth gap experienced by all marginalized populations. By educating our community in Washington, DC, Maryland, Pennsylvania, and Virginia and supporting those who need it most, we aim to be a catalyst for real change. Here are four of our main areas of focus:
Our accessible financial literacy program empowers students to take control of their finances by learning money management, goal-setting, budgeting, & more.
Our approach provides real-time, emergency food resources to those in need while developing self-reliance and healthy habits. Limited food access is often correlated to low financial literacy
SUPPORTING OUR HEROES
As a “thank you” to professionals fostering equity in various industries, we recognize those that allow us to maintain a decent quality of life in challenging circumstances.
Our scholarships enable local youth to achieve their dreams without the heavy burden of college debt weighing them down.
Financial literacy combines financial knowledge with attitudes, skills, and behaviors to make informed financial decisions based on personal circumstances. Individuals who prioritize their financial literacy have the tools to improve their overall economic well-being and set themselves up for a better future!
African Americans with strong financial literacy are more likely to create a plan, save for retirement, and manage their debt better, which can influence household wealth.
High financial literacy rates decrease vulnerability to fraud and increase the likelihood of establishing savings over time.
Studies have found a proven positive correlation between financial literacy education and positive financial behavior (i.e., higher savings rates and average net worth).
The Jamaur Law Foundation believes that prioritizing financial literacy empowers impoverished communities and their residents to become catalysts of generational wealth, strengthening the areas they call home. Our programs help families and individuals of all ages in Washington, DC, Maryland, Pennsylvania, and Virginia improve their money management skills, increase their savings, build wealth, and work towards financial security.