By Linda L. Williams | President/CEO
Some businesses really get it! They understand the importance of Financial Literacy to the productivity of their staff. If employees are to give their best at work, they can’t worry about creditors calling them on the job or having their wages garnished. When this happens, it is not only embarrassing to the worker, it also creates additional cost for the employer who must produce one check for the employee and one additional check that must be sent to the courts until the debt is satisfied. For employees who don’t make a great deal of money, this can cause even more stress that can produce physical symptoms, that often lead to poor attendance and poor attention to tasks that must be performed in a safe manner on the job.
One local organization in Memphis – the Food Bank of the Mid-South truly gets it! They want their staff to be financially secure as they help improve the food security of thousands of families in the mid-south area. So every other year, RISE goes on site and provides the “Common Cents” program for over 20 + employees of the nonprofit organization. As you can see from the class picture, the Food Bank staff are serious with the class and want to learn more about not just making ends meet each payday, but making the ends over-lap. You see they learn in the Common Cents class the importance of saving money each pay period to the point that it becomes a routine transaction on payday. They learn how to avoid making hasty decisions that often cost more than if they waited and planned for the purchases.
As the staff at the Food Bank learns improved money management skills, they can pass those on to their family, friends, others in the community, and even to those they serve. You see Common Cents is contagious and you can help it to spread to others with every donation that you make to RISE! Your donation not only will help with the spread of financial management skills but it will also produce smiling faces like the one you see in the picture, after completing the Food Bank of the Mid-South's Common Cents class! Thank you for every gift you make to RISE, because your gifts spread sound financial management to others who need it!
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