Tennort Says Financial Wellness is a Daily Habit
Financial wellness is not just about reaching long-term goals like saving for a home or paying off debt. It's about building healthy habits and making informed choices every day, says Shakeira Tennort, Community Manager at Chase in Charlotte. Tennort helps neighbors build financial skills through local collaborations and free workshops, covering topics like budgeting, credit, and scam prevention.
Tennort emphasizes that it's essential to start small when practicing financial wellness. Simple actions like setting aside 10 minutes each week for a money check-in or automating savings can make a significant difference. She recommends creating a practical budget that accounts for both essentials and long-term goals, treating savings as a bill, and building an emergency fund in phases.
JPMorganChase's American Dream Initiative aims to expand economic opportunities by scaling evidence-based solutions. The initiative will provide financing, facilitate capital, and offer advice, training, and tools to help people start and grow small businesses. Chase is doubling the number of Community Centers, hiring more Community Managers, and expanding financial education programs to reach 5 million people.