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8 CENTS IN A JAR INC

Cause Area

  • Children & Youth
  • Education & Literacy

Location

581 N PARK AVE UNIT 8APOPKA, FL 32704 United States

Organization Information

Mission Statement

Founded in 2016, 8 Cents in a Jar, Inc. is an award-winning 501(c)(3) nonprofit organization serving the Central Florida community to create opportunities for students in marginalized communities to achieve intergenerational mobility through financial education. 8 Cents in a Jar represents a new beginning for students to save money and eradicate the cycle of generational poverty. Our objective is to equip the greatest possible number of students to transition as a role models for fiscal responsibility, measured in economic and demographic improvement behaviors consistent with those in a financially sound community. To increase economic mobility, we aim to provide students in marginalized communities of color with engaging resources and capital to become financially capable. Each day we accomplish our mission, we achieve our vision of diminishing generational poverty using economic education and financial capability measures as a catalyst to increase upward mobility.

Description

8 Cents in a Jar is an acclaimed nonprofit dedicated to alleviating poverty among students aged 8 to 28 who fall within the ALICE demographic or live below 200% of the federal poverty line. Founded in 2016, its mission is to enhance economic mobility by providing financial education and social work services. The organization equips youth from low-to-moderate income communities with essential financial life skills and counsel, promoting fiscal responsibility and self-sufficiency as they learn to navigate the complexities of personal finance into adulthood. Our unique approach integrates personal finance, financial social work, and community wealth-building, enabling students to elevate their socioeconomic standing by addressing and healing from financial traumas and triggers.

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