This non-profit will give you $1,000 if you take a few personal finance classes.
Key Points
TCI Foundation, a Tucson, Arizona-based nonprofit, offers a series of free personal finance courses to millennials of moderate means. Participants must also complete a final exam and commit to two years of advice from a fee-only financial planner – also for free – to qualify for a $1,000 Roth IRA contribution.A nonprofit organization is giving millennials of modest means a kick start into adulthood. The plan is to teach them the tenets of personal finance and also to give them $1,000 toward their retirement.and founded by Bob Swift, a financial advisor at TCI Wealth Advisors, a fee-only firm in Tucson, Arizona.
Millennials who are working full time and have a household income of between $35,000 and $100,000 are the target audience for this service, he said. Since it began in 2016, nearly 300 enrollees have graduated from the program, which is taught in Tucson, Phoenix and Flagstaff. So far, another 143 applicants have signed up for courses through the fall of 2018 and into January 2019.“Our industry hasn’t shown the proper interest in those young people, those with moderate income, nurses, teachers and the traditional employees at a lot of firms,” Swift said.
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