2024 Financial Literacy Supplement
Kamala Harris’s economic proposals, financial literacy for kids, and a growing gig economy
It’s October 10th and we’ve got your guide to the day’s biggest stories. Vice President Kamala Harris is pushing for major changes to the Child Tax Credit and other economic measures, while parents are turning to children’s books to teach financial literacy to their kids. Meanwhile, in D.C., Ward 8 resident Jacque Patterson is making a difference through her gig economy side hustle, and the COVID-19 pandemic highlights the urgent need for financial literacy in underserved communities.
Vice President Kamala Harris proposes tax benefits and expanded Child Tax Credit to boost middle class
Vice President Kamala Harris is proposing significant changes to the Child Tax Credit and other economic measures to address the nation’s economic woes. As the country prepares for Election Day, Harris’s proposals, which include tax hikes on corporations and the wealthy, aim to bolster the middle class and tackle inflation.
Empowering future millionaires: Children’s book introduces financial literacy
In a world where financial literacy is more crucial than ever, parents are turning to innovative resources like children’s books to introduce their children to essential money management skills early on. With the help of author and entrepreneur Ross Mac, young readers are now able to explore financial concepts in a fun and engaging way, paving the way for a brighter financial future.
Side hustle economy: How Jacque Patterson is making a positive impact in Ward 8 and Ward 7
In D.C., Ward 8 resident Jacque Patterson, chief community engagement and impact officer for KIPP DC Schools, is among the many Americans leveraging the gig economy to make a positive impact in their communities. With a side hustle that blends expertise and passion, Patterson’s story exemplifies the growing trend of supplementary income opportunities and the benefits of turning hobbies into lucrative ventures.
Financial literacy education: Empowering youth for a brighter future
The COVID-19 pandemic has underscored the urgent need for financial literacy in underserved communities, as highlighted by a recent Fed survey. As many Americans struggle to manage unexpected expenses, the call for comprehensive financial education from elementary school onward becomes increasingly vital.