OpenIDEO is an open innovation platform. Join our global community to solve big challenges for social good. Sign Up / Login or Learn more

Social Clubs for Financial Success!

Sometimes, we all need a financial coach. A coach that could share, motivate and encourage with empathy.

Photo of Paul
2 3

Written by

Financial literacy is a problem for many Americans.  Some of us just don't know how to take advantage of all the resources that are available.  What if we created social clubs that encourage appropriate financial management?  What if there is a financial social club that helps members of the social clubs to find financial resources, motivate each other to stick to their financial plans, and encourage the members of the social club to seek others to help?  The social club can meet once a week to talk about and learn from each other how they managed their finances.  Members who have been there can do a better job in leading them out of the financial problems.  Others will be more accepting of the advice and motivation.  The financial social club members can even pull together small funds to help each other in a more caring and personal manner.  Let's call this the Financial Watchers program.


Join the conversation:

Photo of Robert Kordenbrock

Hey Paul - something along these lines exists in Boston, MA - take a look:

View all comments