Financial Literacy Program Proposal

Indemnity Lyfe and Wellness LLC

Prepared by: Reddrick Collins
Experience: 10+ Years in Financial Literacy Education & Community-Based Coaching

Executive Summary

Indemnity Lyfe and Wellness LLC proposes a comprehensive financial literacy program designed to serve individuals experiencing homelessness. This program focuses on building practical money management skills, increasing financial confidence, and supporting long-term stability. Financial instability is one of the primary barriers preventing individuals from maintaining housing, employment, and independence. By addressing this core issue, this program creates measurable improvements for both participants and partnering organizations.

With over 10 years of hands-on experience, Reddrick Collins brings a relatable, trauma-informed, and results-driven approach to financial education. The program is structured to meet individuals where they are, using real-life scenarios, simple language, and actionable strategies that participants can immediately apply.

Program Overview

The Financial Literacy Program is designed specifically for individuals experiencing homelessness or housing insecurity. The curriculum acknowledges the unique financial challenges faced by this population, including limited income, past financial setbacks, lack of banking access, and distrust of financial systems.

The program provides participants with essential tools to manage money effectively, reduce financial stress, and build a foundation for long-term self-sufficiency. Sessions can be delivered as workshops, small group classes, or one-on-one coaching depending on organizational needs.

Program Objectives

The primary objectives of the program include:

• Increasing financial awareness and decision-making skills
• Teaching realistic budgeting strategies for low and fixed incomes
• Improving understanding of banking systems and financial products
• Supporting credit repair and debt management education
• Encouraging consistent saving habits, even with limited resources
• Helping participants set and track achievable financial goals

These objectives directly support housing stability, employment readiness, and long-term independence.

Curriculum Breakdown

Module 1: Financial Foundations
Understanding income, expenses, needs versus wants, and financial mindset.

Module 2: Budgeting for Survival and Stability
Creating realistic budgets, tracking spending, and planning for irregular income.

Module 3: Banking Basics
How checking and savings accounts work, avoiding overdraft fees, and using alternative banking options safely.

Module 4: Credit and Debt Education
Understanding credit reports, rebuilding credit, managing collections, and avoiding predatory lending.

Module 5: Saving on Limited Income
Emergency funds, micro-saving strategies, and goal-based saving.

Module 6: Financial Goal Setting
Short-term and long-term goal planning related to housing, employment, and personal stability.

Program Delivery Model

The program is flexible and can be customized to fit the structure of partner organizations. Delivery options include:

• In-person workshops at shelters, transitional housing sites, or community centers
• Virtual sessions via Zoom or similar platforms
• Group-based learning for peer support
• One-on-one financial coaching for individualized support