Last Friday our partners Fly for Life in Togo traveled to the Tohoun community! They went on a mission to replicate our Money Cycle lesson to the kids of Tohoun, and with no doubt, they succeeded! Amazing work teaching financial literacy!
Recently, the FinMango team went to the JRC Learning Center to spread some knowledge.
For the first time, the team taught the kids how to play FinBall, a basketball based game that teaches basic finance lessons. It was a great success!
In post-lesson quizzes, the kids showed they learned well, scoring almost 100%!!
Before entering the money loop, we emphasize the importance of earning money. Without making it, you can’t save, plant, spend or donate it.
There are times when we’ll run out of money when we need it most. Other times, we’ll want something expensive that we just don’t have enough for. That’s why it’s important to teach our kids to set aside money that they don’t spend right away.
After saving your money, it's important to MANAGE & GROW your money! We teach the kids to set goals for what they want to save for and how much they want to save. Keep track of how much they’re putting away, and watch their money grow. With patience and willpower, kids are surprised by how much money they can put away. And when they do, they feel good knowing that they’ll always have some for when they really need it.
Books, toys, games, ice cream? It’s easy to spend. So we make sure the kids understand the importance to keep track of how much they spend and how much they have left. We can’t buy everything, so we teach them to spend their money wisely and on things that they really want and need.
There are so many fun things for us to spend our money on that we might want to use it all on ourselves. But one of the greatest ways to spend our money is to share it with others. Whether it’s a gift for mom or giving to people that need help, we make sure the kids know that they can use their money to bring happiness and comfort to others. Just like sharing a toy or food with a friend, being generous with our money helps us connect to the people around us and let them know we care.
Update from our partner in Togo! The surveying trip was great and officially launched the first step in our Women's & Farmer's Empowerment Programs in the rural village of Havu.
An interesting story from Jeremies (Executive Director of Fly For Life):
"We had to stop 2 hours at least when we were 50 km from Havu. Our car broke. Our transmission (not sure it's name in English) broke down. We were lucky because today is Sunday and it's difficult to get a repairer as they don't work. But 2 years ago with some volunteers Fly for Life project brought some used sport equipments to the school of the village in which we are actually called Amouspukpe. Many people recognized me. i was amazed by the great solidarity show by the people. They went away 20 km to bring the repairer. We got it fixed and we are on road again
That is why I love this volunteer job. It's always important not to give up no matter the situation that occur. I can't wait to see smiles on people s face in Havu as they are waiting for us. "
GREAT NEWS!! After a grueling 6 months, we're proud to announce that we have officially been approved by the Internal Revenue Service as a tax exempt, charitable 501(c)(3) non-profit organization! This means that FinMango is now a nationally recognized non-profit. A great job by all the Mangos on the team, we're excited to see where we go!
Happy weekend! Just an update, we have a new Board Mango: Robert Gillingham II of Cleveland. He's the owner of Gillingham Ford and his involvement in the community has spanned over 40 years, spreading his knowledge of financial literacy to local high school students. His passion amazes everyone he meets! He was introduced to Scott Glasgow (Executive Mango) at the University of Akron Finance Day. Also big thanks again to Shelby Amatangelo (on left) for hosting and inviting us to the UA Finance Day! We're very excited to have Bob on board and look forward to his involvement with us!
We had a ball last night coming up with some great ideas for FinBall! We'd like to give a big thank you to Isiah Elliott and KimAldrin Pastor for their basketball skills, knowledge, and great ideas to help us find even more ways to make financial education fun and easy! Go team FinMango!
Globally, women play a critical role in their families’ survival and success. The women of Havu, Togo are no different. We understand the multiplier effect that comes with providing women with access to financial education and tools. Accordingly, we're ecstatic to be starting our Women's Empowerment Program in the rural community of Havu.
Wow! Look at the progress in Togo. Our partners at Fly for Life have done an extraordinary job . The team recently visited San Francesco College of Notse and sucessfully partnered with the school and taught students about financial literacy. Vamos!
A huge thank you to the Fly for Life team for making our work possible! Because of their organization, we were able to reach the community of Tohoun, a remote rural village in Togo.
After a long 8 hour drive in a mammy wagon from the capital city, Lomé, the team finally reached Tohoun. We taught the kids of Tohoun to recognize the value of self-control in relation to spending and to recognize the differences between purchases of need and purchases of want.
We look forward to continuing our work in Tohoun as we continue to grow to new communities. Thank You Fly For Life for doing a fantastic job in implementing our program in such a fun, energetic and entertaining way… the #FinMangoWay 😎.
FinMango is proud to welcome Maci Woyat to the FinMango team!
Maci is a junior studying Economics and Corporate Finance at the University of Akron. Her passion for her local and global community comes from her belief that anyone can be empowered to achieve great things when they are given the right opportunities and tools to do so. Her goal is to be a catalyst for others’ success stories.
Maci will be in charge of Empowerment Projects.
FinMango taught and spoke at the University of Akron Finance Day!
The Financial Literacy Summit on May 3rd hosted over 200 North High School students and included financial professionals from Huntington Bank, SS&G Wealth Management, The Federal Reserve Bank of Cleveland, Tri-C, Bob Gillingham Ford and FinMango to teach sessions on budgeting, investing and financial decision making. FinMango also served on the panel.
A message from our founder regarding the event:
I want to personally congratulate the founders of the University of Akron Finance Day on successfully planning, organizing, and implementing such a FANTASTIC event!
Your abilities to organize and implement such an event is truly extraordinary and FinMango is honored to have had the opportunity to be part of something so special and value adding.
I've said it before and I'll say it again... events like these don't just create value, they create compounding value! The teaching of our kids to be financially savvy truly is a gift... a gift that'll keep on paying dividends throughout their lives!
THANK YOU Shelby, MarySarah and Thomas on the Mission, Vision & Execution of the University of Akron Finance Day!
Scott M. Glasgow
A team of students in the Institute for Leadership Advancement in the College of Business Administration will host Finance Day at UA — a financial literacy summit, on Wednesday, May 3, for about 200 freshmen from North High School in Akron.
The event will take place from 9 a.m. to 1:30 p.m., in E.J. Thomas Performing Arts Hall. Some sessions will be held in other buildings as well. The student team planned all aspects of the day as a Leadership Experience Project.
Financial professionals from Huntington Bank, SS&G Wealth Management, The Federal Reserve Bank of Cleveland, Tri-C, Bob Gillingham Ford and FinMango will be teaching sessions on budgeting, investing and financial decision making.
"We created Finance Day at UA to teach high school students about financial literacy in hopes of giving them the knowledge and resources they need to make good financial decisions for their future," says Shelby Amatangelo, president of Beta Alpha Psi, Gamma Eta Chapter, and co-founder of Finance Day at UA. “We will teach them how to save and invest their money now, allowing them to build greater financial stability for their future.”
Source: University of Akron
THANK YOU Malone Enactus for the generous gift of Piggy Banks and Sunglasses! Your support means so much, not only to the organization, but to the kids you are empowering! 😎
The sunglasses illustrate a fun, energetic and positive learning environment. While the piggy banks remind the kids to set goals for what they want to save for and how much they want to save.
Here at FinMango, we’re passionate about solving the financial literacy crisis of our lifetime. We know that financial literate individuals save, invest, spend, plan, and donate. They develop a better well-being and become more resilient to financial challenges. Accordingly, we wholeheartedly believe that teaching our people to be financially savvy is a gift – one that will keep on giving throughout their lives.
After officially launching in November of 2016, I am pleased to share that we have had an extraordinary quarter of growth, accomplishments, memorable events, and life changing experiences. And our focus on fun, dynamic, and innovative educational programs have been a huge success.
To date, we have established financial education programs/operations in Canton, Ohio, Lomé, Togo, and Tijuana, Mexico. Our partners have experience, expertise, motivation, and local knowledge to deliver the best financial education programs possible … one community at a time. Future operations in the works include Brazil, Madagascar, and various organizations in the Northeast Ohio region.
Overall, It has been a humbling experience and honor to lead this groundbreaking organization into the future. Your dedication and financial support have enabled us to achieve the goals we didn’t think were possible! Thank you!
Scott M. Glasgow