– Every year, thousands of young people enter the workforce with little to no financial knowledge
– gaps in financial literacy are costly and can lead to difficult life choices
Without proper financial education, young people are at a severe disadvantage when trying to navigate the world of personal finance. These difficulties can cause large problems down the road, including bankruptcy, defaults on loans, and an inability to save for retirement. The Ambassador program was created to bridge this gap in financial literacy by providing free education to young people through the use of mortgage and real estate professionals.
For every transaction that a participating mortgage or real estate professional completes, they donate $100 to the program. This money is then used to provide free financial education to young people, helping to set them up for success later in life. In addition to making a monetary donation, participants also commit to educating the next generation on the importance of financial literacy. This program is a great way to give back to the community and help ensure that young people are prepared to make sound financial decisions.
You can read this full article at: https://www.housingwire.com/articles/firsthomeiq-launches-ambassador-program/(subscription required)
Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.