Studies have shown that those with limited financial literacy tend to borrow more without accruing wealth, which results in incredibly high fees for loans and other financial products, while financially educated consumers actively plan for retirement and accrue more wealth over time. Put simply, a lack of financial knowledge leads to instability; education leads to prosperity.
To make sure all Chattanoogans have access to financial tools and education, in 2014, CNE created its Money School program. Money School started out as a single-day, annual event offering classes on a variety of financial topics, but now, due to growing demand, we’ve adapted and are offering Money School opportunities throughout the year.
Photography provided by Brooke Bragger Photography.