Our FEYA Program is designed to build a financially savvy, financially included, and financially empowered generation of young adults.

Our young ones are born into a more global, digital, and sophisticated generation. Unlike the previous generations, digital transactions have become common for this generation. Cash is rarely being used, as cards have become top of the game. Financial institutions are coming up with more credit opportunities and even more sophisticated financial products. Without proper financial knowledge & money skills, our young adults will be faced with fast and easy ways to overspend their means, accumulate debts, and get into financial trouble.

The Financial Empowerment for Young Adults (FEYA Program) is created to empower young adults towards achieving financial wellbeing. It offers them the opportunity to learn the basics of handling their money and finances to fully meet current and ongoing financial obligations, feeling secure in their financial future, choosing and using different financial products, and shielding themselves from unexpected financial pains, which may result from wrong financial decisions. With this financial education program targeted at the young, our FEYA program helps participants to start early to plan their financial lives, so that by the time they grow into full adulthood, they have the capability to prepare a secure financial future for themselves and their families.

 

Target Participants

The FEYA Program targets young people ages 12 to 20, who are yet to begin and who have just begun their independent financial lives. It aims to catch them young and help them acquire knowledge, gain practical money skills, and develop the confidence to make informed financial decisions. Through the Financial Empowerment for Young Adults (FEYA), WealthyGen aims to build a financially savvy, financially included, and financially empowered generation of young adults.

Specific Program Objectives

Upon completion of the different modules of The FEYA Program, participants will have the knowledge and resources they need to:

  •  Use the services and products of financial institutions (e.g., banks, thrifts, and credit unions) confidently.
  • Create and implement a spending plan that meets their unique individual needs.
  • Use credit and borrow money responsibly.
  • Build and maintain a good credit habit and score.
  • Protect their financial rights and safeguard their money.
  • Determine their readiness to invest and use different investment vehicles to create the future they envision for themselves.
  • Launch the business of their dreams
  • Implement the basic principles of wealth building

FEYA Modules

Teaches the basic elements of financial wellbeing and how to build the foundation to achieve and sustain long-term financial success. Introduces the six principles of money and the strategies to apply these principles.

Immerses teens in the process of financial planning by defining concrete goals, identifying their values, and then constructing a plan to implement their goals through meaningful practices, including weighing needs and wants, avoiding peer pressure, and understanding the importance of a budget.

Focuses on financial recordkeeping as a sound financial practice, reinforces prioritization of wants and needs, and challenges teens and young adults to develop a budget considering cash flow and personal spending choices.

Challenges participants to think beyond their immediate horizon and explore long-term savings. Students embark on real-world applications of how to increase savings and calculate compound interest.

Gives participants the skills needed to correctly choose and open accounts and use a checking account. Participants explore the different roles bank employees play in the financial process and investigate different account types.

This lesson walks students through the process of getting credit, analyzing good and bad credit, and how to manage and harm one’s credit.

This lesson tackles all of these key issues as young adults work through the process of decoding credit card offers and explore the real difference between debit and credit.

Teaches how financial ratios apply to everyday situations and shows that understanding debt-to-income, debt-to-asset, and debt-to-limit will strengthen their abilities to make wise financial decisions.

Explores basic concepts young adults need to know about investment vehicles and the tools needed to create the future they envision for themselves.

This lesson empowers students with crucial knowledge needed to launch the business of their dreams while doing so smartly.

Upcoming Programs

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Past FEYA
Program

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