A Jacksonville woman wants to spread financial literacy

A Jacksonville woman wants the entire community to be better educated about ways to save money for retirement.

JACKSONVILLE, Fla. — It’s an important topic that many of us struggle with, but it affects everyone — money.

One Jacksonville woman makes it her mission to make sure the next generation is financially informed. Teneshia LaFaye and her organization Wealth Wave teach students as well as people in the community about the importance of saving and putting money in the right accounts to grow your savings.

LaFaye recently taught a variety of classes at Raines Middle School and says she is passionate about helping others.

“I just really want to help people have a better future,” LaFaye said, “because pensions, most companies don’t give pensions anymore. Social Security is at the federal poverty line, $1,400 a month. What’s that going to do, what’s $1,400 a month when retire if that’s all you get?”

There are still places available for the next series of financial classes. These classes are also available via zoom.

LaFaye hopes that by taking these classes, many members of the community will have a better idea of ​​what financial security looks like and will eventually be able to retire comfortably.

“I just want to help young people because they have 5 decades ahead of them to start saving in the right accounts, so they’ll be good for retirement,” LaFaye said.

Classes are held in person at 8081 Philips Hwy, Suite 22, Jacksonville, 32256.

Classes are also simulcast via zoom.

Here are the next scheduled classes:

Wednesday, July 20 at 18:45 (zoom: bit.ly/nextgenfin1)

Thursday, July 28 at 18:45 (zoom: bit.ly/nextgenfin2)

Saturday, July 30 at 11:00 a.m. (zoom: bit.ly/nextgenfin3)

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