About Financing the Future
Financing the Future is a personal financial literacy promotion project geared towards educating elementary, middle, and high school students on important financial concepts that will have a lasting impact on their future. As students graduate and venture into a wide assortment of fields in college and in their careers, it is incredibly important that they are equipped with the right financial knowledge to strategically save the money that they earn and keep themselves out of debt. If students are able to understand financial responsibility that encapsulates smart spending and saving, they will be prepared to face the financial obstacles that will arise throughout their lives.
Financing the Future is a project that will focus on instilling foundational personal finance skills in students. Most elementary, middle, and high schools across the country do not teach financial responsibility, which is a critical life skill. Moreover, many parents find money a sensitive topic to discuss with their children and kids never hear the information that will help them be financially responsible adults. This subject should be discussed openly with all children, as that is the age they are learning skills that will last them a lifetime. These skills include assessing needs vs. wants, understanding the time value of money, practicing smart spending, saving, setting up goals and budgets, and investing for the future. Our project will go in-depth on each of these topics, while still maintaining a fun and engaging environment. There is a popular aphorism regarding the simplicity of personal finance, "Personal Finance is 80% behavior and only 20% head knowledge.
Who We Are
Gautam is a very empathetic and creative problem solver, keeping the needs and concerns of others in mind while completing tasks. His passions and aspirations in the business realm are demonstrated through strong leadership and inherent communication skills.
Kartik is a driven, energetic, decisive and highly motivated individual. With a strong background in data analysis and statistics, Kartik offers a different outlook along game changing ideas on how to streamline and effectively overcome obstacles.
Schools that have implemented or plan to implement our program
Learning in Action
Project Goals & Milestones
Instill the value of money into our students to foster a community of self-reliant, independent, fiscally responsible individuals.
Our main objective is to ingrain the concept that money is a tool and not a burden. In order to create a financially free life, students need to begin learning personal finance skills at a young age. The goal that we as founders hope to achieve is to expose young students to important and foundational finance concepts that are essential as they grow and mature into financially capable decision-makers. We want to shape their future by preparing and explaining to younger students what awaits them in the coming years. As our country is in internal financial turmoil, stopping the cycle of financially uneducated youths is our top priority.
That being said, our project can not be efficient if we do not have a specific set of goals that can be used to achieve our foundational goal: create a financially literate community that possesses all the skills it needs to succeed in the brutal financial world. The foundational goal that we have going into every one of our meetings is to convey the value of money. On top of this, another one of our key goals is to create an open conversation about money. Many students are raised in an environment where money is viewed as a liability and a burden to families. Because of this, parents become insecure regarding the topic and refrain from having meaningful and open conversations with their kids about money. These parents are generally raised in a similar manner, and the cycle continues.
A massive goal for us is to break this cycle and create a community where money creates happy and hopeful emotions, not anger and despair. This will lead to individuals being able to have an open conversation about money with the people around them and with their own children in the future. Through this change in our community and culture, parents will be able to pass on positive financial skills to their children and create a cycle of financial success in their family.
Another important goal of our project is to not only benefit our students financially but also help them to grow as people and learn a variety of skills that will benefit them in the real world. For example, we incorporate a discussion about jobs in relation to building income in all of our elementary and middle schools. We convey to them that jobs should be chosen on the basis of genuine interest, passion, and determination in that field, not a salary figure. Although we are visiting schools and spreading our program to help teach students about money, we believe it is essential that we consider their progression as students and people in addition to building them up as financially responsible and literate individuals. We incorporate collaboration in almost all of our activities, so students improve their ability to work with other people to make responsible and calculated decisions specifically financial decisions in our programs, a skill they will need to utilize for the rest of their lives.
Expanding Project Scope
Fremont School of the Deaf
We also planned to implement our project into the Fremont School of the Deaf, as Gautam is an ASL 3 student at our school, and we do not want to limit this vital knowledge to only the hearing community. We are trying to contact FSD through Valley Christians leading ASL teacher, who has close connections to the school. We are in the process of attempting to communicate with the school's administrators. Fremont School of the Deaf is 1 of only 2 state-run deaf schools across California.
Lambert High School
The final phase of Financing the Future is to not only focus on the Bay Area, but to also educate other areas of the country, as this is a nationwide issue. We started this by reaching out to our cofounder Kartiks cousin, Sharath Ragila, who lives in Atlanta, GA. Sharath is a capable, determined, and intelligent student who is always looking for ways to benefit others and is a natural leader and communicator. Through Sharath, we were able to start Financing the Future in Georgia and expand this enrichment to the east coast as well. Sharath is currently in the process of gaining approval for his own personal finance club at Lambert High School in Cummings, GA, a suburb on the outskirts of Atlanta. He will then subsequently scale his club in an organic manner, just as we have done with Financing the Future.
News About Financing the Future
Tom Matsumoto Promotes Financing the Future on the Evergreen School District Website
Financing the Future was featured on the Evergreen School Districts webpage giving the project enormous exposure throughout the community.
We had the amazing opportunity to partner Financing the Future with Intuit Mint, the personal finance division of Intuit Finance. Through Intuit Mint, we were able to gain valuable lessons and recommendations for our project, as the company has already been through the educational process and has much more experience with teaching personal finance than either of our co-founders. We had much to learn from their expertise and integrated their content into our curriculums at every school we visited. Intuit Mint also directed us to the best financial education resources available such as NextGen Finance, which we used to complement the content we had designed ourselves. Despite the fact that we were capable of designing the worksheets and curriculums fully on our own, we wanted to ensure that Financing the Future was providing the best value possible to all of our students. Intuit helped us do exactly that, as they have already witnessed what type of content is efficient and engaging and the types of content that does not work as well.
Get in Touch
Contact Financing the Future to discuss their teaching, collaboration opportunities or any other inquiries.