6 Ways Charities Teach People Self-Sustenance and Livelihood
1. Financial planning education
Many people grow up without learning the ins and outs of saving and investing. Non-profits such as Savvy Ladies teach women how to plan their finances.
The organizations run various programs to offer free advice on how to handle money. The platforms often used for teaching include:
Free advice helplines are usually popular among individuals who want to understand a specific tax law. They’re also popular among women looking for reassurance whenever the market flows and ebbs.
Whereas webinars are accessible to individuals or groups worldwide, in-person seminars are specific to geographic locations.
2. Educating girls to take up male-dominated jobs
Men hold 82% of finance jobs, leaving only 18% for women. This creates room for growth in the industry.
Non-profits such as Invest In Girls are passionate about changing lives. They focus on educating the young generation to become financially literate and take up jobs in male-dominated fields.
The organizations inspire girls to develop interest in science and finance fields so they can join the workforce and narrow the gender gap in STEM fields.
The organizations’ volunteers rotate across different schools to teach young students personal finance skills, including what careers in STEM fields are like.
The program trainees also get into summer internship in relevant sectors to gain hands-on training.
3. Supporting women in challenging careers
Many women struggle with their careers. For many, career paths are more strenuous like hiking peaks and valleys instead of straight arrows shot into the sky.
Non-profits such as Women Employed aim at helping women boost their economic status and eliminate economic equity barriers. Other roles of such organizations include:
- Fighting sexual harassment
- Challenging controversial policies
- Fighting unjust laws
- Protecting women from pregnancy discrimination
Employed women experiencing challenging situations at work also get help from such non-profits. They get assistance teaming up with governments and local communities to foster change.
Politicians also get help from such organizations to affect change and encourage people to vote.
4. Mentorship and grants to start businesses
Non-profits also mentor individuals and motivate them to take up leadership positions in the society. They encourage women with great ideas to apply for grants on a yearly or bi-annual basis.
They use the funds to start businesses after receiving teachings on the same. For instance, the Girl Boss Foundation gives up to $15,000 to individuals for taking up entrepreneurial projects.
The organizations also offer press and networking opportunities to grant winners.
5. Financial literacy programs and handcrafting skills
Non-profits such as the Akola Project in Uganda help women learn handcrafting skills to help them earn a living. The organizations teach women how to make items such as jewelry and related accessories to sell and earn a living.
The organizations also employ the women for a higher wage or empowers them to begin their own business startups. Additionally, they undergo financial literacy programs to learn how to save, spend and invest.
The organizations help their beneficiaries elevate their lives above poverty.
6. Organizing fundraiser events to raise capital
Charities such as Ladies Who Launch empower women to provide more than just food for their families. They support, educate and celebrate women in business to inspire others.
They bring women together through dinners, meet-ups and galas to raise funds that go into supporting their preferred companies and causes.
Women also receive hands-on training on how to create business plans, start and run businesses, and even raise capital for the same.
6 Ways a Charity Can Help You Become Financially Independent
Everyone craves a life without financial restrictions.
The “rat race” too often impairs people’s ability to focus on their passions and make progress in life. In the race, you work for your employer and pay taxes to the government.
You also pay loans to your lenders, including:
- Car loans
- Credit cards
- Student loans
Meanwhile, your passions are given the back seat, being brought up only when you get free time.
Well… If you ever get to focus on them at all.
Financial independence is the gateway to job security despite its illusive nature.
Financial vulnerability motivates individuals and entrepreneurs alike. The latter work several hours daily, neglect important relationships (including family) and risk all their life savings for a dream without success guarantee.
Who in their sane minds take such risks?
Whether you’re a traditional employee, in self-employment or a business owner, you’re working for yourself. The difference only lies in your customers.
For example, if you’re employed, your boss is your “customer” because he’s responsible for buying your services. On the other hand, you have multiple bosses or customers if you own a business.
A single boss is riskier than having many “bosses.” For instance, a thriving business gives you control over its growth, costs and marketing. This means that several customers have to “fire” you effectively to force you out of “business.”
You need to find your entrepreneurial purpose and passions.
The opinion of a single person or shareholders who may not even know your name no longer determines your sustenance as an individual or business owner.
This explains the essence of financial independence for better livelihood in traditional employees. Experience and education don’t guarantee that even individuals with the most talent and faithfulness won’t lack work or face unemployment at the end of the day.
Employees constantly interview for their jobs and better prospects.
Other benefits of financial independence include:
- Possessing insights and goals to live your dreams and passions
- Puts you in a position to help others
- Empowers you to pay for entertainment and fun
- It allows you to choose a work structure that works for you
- It secures the future of your family
Individuals worldwide, especially in developing world, struggle with financial constraints. This is where various charities come in to teach you self-sustaining living.
Most charities focus on women, giving them a chance to rise, become financially independent and develop confidence as part of empowering them for them.
Here’re a few ways you can learn sustainable ways of living from a charity to become independent.