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As I take a look at the current success Chelsea FC is having on the pitch, it reinforces for me the significance of mission alignment, readability of objectives and constructing a robust tradition in delivering profitable outcomes. Right here at FICO, we’re mission aligned, have readability of goal and are constructing a robust set of partnerships to advertise monetary literacy and consciousness to drive monetary empowerment and independence. Certainly one of these partnerships is with Chelsea FC, and we just lately concluded a extremely profitable sequence of engagements with the world-renowned Chelsea Soccer Membership throughout their pre-season U.S. summer time tour to advertise monetary literacy within the cities they visited.
As I replicate on our joint engagements, I could not assist however be happy with the keenness our Fields of Monetary Empowerment marketing campaign generated amongst college students who have been wanting to delve into the intricacies of credit score administration and total monetary well-being. The summer time had seen college students throughout the U.S. interact with a thirst for data about their monetary well being.
Monetary literacy is a cornerstone of private empowerment and monetary well being. The power to understand the nuances of credit score, navigate monetary issues, and make knowledgeable choices holds the ability to rework lives. It was eye opening to study that one in 5 U.S. teenage college students lacked primary monetary literacy abilities and that roughly 74% of teenagers aren’t assured of their monetary data. Interacting with these younger minds, witnessing their eagerness to find out about monetary literacy, and later seeing them relish a Premier League soccer match of their hometown was really rewarding.
All through the partnership, FICO and Chelsea FC hosted a sequence of “Rating A Higher Future Fundamentals” monetary schooling workshops designed for highschool college students within the cities the place Chelsea FC performed in the course of the tour, together with Chapel Hill, North Carolina; Atlanta, Georgia; and Chicago, Illinois. Over 250 college students left these workshops geared up with important data required to assist them make prudent credit score choices as they embark on their journey towards monetary well-being. What’s extra, they’d the distinctive alternative to spend time with present and former Chelsea FC gamers and attend an electrifying match. In our closing cease in Chicago, Becky Worley from Good Morning America took a second to spotlight the impression FICO and Chelsea FC had on U.S. communities.
Watch highlights of our Chicago go to on Good Morning America: ‘New program helps ‘kick off’ monetary literacy journey’.
FICO additionally held comparable workshops for adults in these communities as a part of our “Rating A Higher Future” program. Attendees gained an understanding of the importance of FICO® Scores in lending choices, the important thing elements that represent a FICO Rating, and sensible academic data on monetary well being. The occasions additionally dispelled myths, clarified info about FICO Scores, and shared insights on their FICO Rating, guaranteeing attendees left with correct and empowering data.
For an in-depth dialogue on FICO’s dedication to monetary literacy and inclusion, do not miss my interview with Rachel Malak and Chris Bohinski: FICO is right here, there, and in every single place as they group up with Chelsea Soccer Membership
FICO’s strategic partnership with Chelsea FC performed a pivotal function in spreading the message of economic literacy and monetary inclusion, offering important academic assets throughout a number of communities within the U.S. Rating A Higher Future and Rating A Higher Future Fundamentals applications are serving to shut the monetary literacy hole by empowering people of all ages to take management of their monetary future.
How FICO Advances Monetary Literacy
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