My Money Workshop, Inc.

Cause Area

  • Children & Youth
  • Education & Literacy

Location

1202 Lexington AvenueSuite 212New York, NY 10028 United States

Organization Information

Mission Statement

My Money Workshop (MMW) is a 501(c)(3) nonprofit organization based in the NY metropolitan area, serving New York, New Jersey, and Connecticut. MMW’s mission is to help students and community members develop financial strategies and skills for a better life, avoiding costly, long-lasting mistakes. We educate teens and adults to manage their finances wisely and make a lifetime of informed decision. MMW’s vision is for everyone to access high-quality financial education and feel empowered to make the best financial decisions for themselves and their families. We serve as a premier financial literacy provider to teens and adults, enabling participants and the communities we serve to improve their lives by achieving their financial short-term and long-term goal.

Description

Dick Yaffa, a Bedford, NY, philanthropist, loved giving back to his local community and often visited his alma mater, Princeton University, to speak with students. After numerous conversations with college and high school students, Dick recognized that students and young adults entering the workforce lacked basic money management skills. Dick founded My Money Workshop in 2009 to address the need for financial literacy and the lack of financial education in schools. Since Dick’s passing in 2015, his family has continued his legacy and commitment to teaching and providing financial literacy.

Foundations of Financial Success is a highly-effective and well-designed financial literacy program. Participants build their financial understanding through problem-solving activities, self-reflection, adaption, and interactive games that provide real-life scenarios to implement a life-long plan for financial success.

MMW offers a robust selection of financial education via 60-minute modules covering financial goal setting, budgeting, banking, savings, credit, debt management, student loans, wages, taxes, and other relevant topics to help prepare participants for a path to economic success. MMW addresses specific participant needs throughout the program, empowering participants to remain engaged and complete the program. Our program is aligned with the National Standards for Personal Financial Education.

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