The Common Cents program, is a workplace financial education program, launched in response to broad based concerns about poor credit and bankruptcy issues in the Memphis area. Common Cents offers area employers the opportunity to give hourly workers the gift of financial literacy and in doing so increase productivity, decrease absenteeism and create greater workforce productivity. The curriculum features topics such as banking, budgeting and spending strategies and debt management. More than 4,000 Memphis-based employees from 50 companies/organizations have successfully completed the curriculum.
For the next three months RISE will partner with Heubel Shaw Material Handling Company to help their employees become financially fit and financially stable in their lives. RISE will assist them by offering intensive financial literacy and education classes. These Common Cents participants will also be linked with community resources to help them build better financial habits.
Through the RISE Common Cents program, a series of in-person and virtual workshops will cover prudent financial budgeting and spending plan adaptations. For many clients, this will be their first time taking a deep dive into a critical analysis of their finances. Collaborating with the RISE Foundation was the perfect fit for Heubel Shaw because Common Cents is designed to meet people where they currently are in their financial struggle.
This is exactly why Heubel Shaw reached out to RISE both as a supporter of the organization and promoter of its programming. Heubel Shaw President, Mr. Cella knows first hand about offering a hand up and not a hand out. After realizing the mantras of his parents instilling the benefits of financial planning and goal setting, he worked tirelessly to support his own family through self-determination. He eventually created a successful business because he maintained the desire to achieve entrepreneurship, guided by a developed and focused spending plan and budget.
Please consider making a contribution to the RISE Foundation today and help bring the gift of financial literacy to more companies and their employees, large and small throughout Memphis and Shelby County.