A conversation with Amanda Chin Yee, Director of Partnerships
So tell us, what’s new at Singleton Foundation?
Coming off celebrating its Jumpstart Innovation Award in April, The Singleton Foundation for Financial Literacy and Entrepreneurship has launched Groove, a new platform (patent pending) created to build financial wellness through learning and goal-setting. Groove meets users where they are, allowing them to earn badges while building confidence to make smarter financial decisions for their financial future. It helps individuals understand their money personalities, and features TikTok-style video learning content, cash-flow tools and more, to get individuals learning about money in a fun, new way.
What’s the impact this has had/or you hope it will have on moving financial literacy forward?
So with Groove we’re all about financial wellness, not just literacy. It’s not teaching for tests and quizzes, it’s teaching for life. It’s built differently than most every other financial platform out there, because we wanted it to be engaging and really build confidence in our users. It is deliberately designed to create positive feelings and habits. We feel that Groove is the next generation of financial tools for young individuals, that truly takes into account their feelings on personal finance, the way they consume media and desire to succeed on their own terms.
Using Groove, users will learn what their money personality is, how to set goals, create a spending plan and create positive money habits that will lead them through life. They are offered up short-form content in six different categories, from investing to debt, that helps them learn at their own pace in a tone they understand. It’s meant to be a tool alongside a traditional curriculum that enhances the experience and makes them more willing to learn about money.
On the administrative side, Groove provides organizations with aggregated data on their user-base, showing them what kinds of goals their users are making and accomplishing, how they are feeling and what content they are watching or reading. This helps administrators more easily show the impact their programs are having on their organizations, or even where they might need to tailor their curriculums.
How do we learn more?
Check out our video on Groove here and our demo video here. You can set up an account to try Groove yourself here. If you have any additional questions, feel free to reach out to Jessica Patel, the creator of Groove. We’re also constantly looking for feedback to improve our product, so feel free to send us any comments or thoughts on how we can make Groove better for you and your users.
If you’d like to set up your organization with Groove, please reach out to Amanda Chin Yee.
Tell us more about your organization
The mission of the Singleton Foundation for Financial Literacy & Entrepreneurship is to make financial competence fun and engaging for everyone by using the power of entertainment to capture attention, create change, promote entrepreneurship and to inspire individual achievement.
Connect with us
Jumpstart Clearinghouse: https://jumpstartclearinghouse.org/provider/singleton-foundation-for-financial-literacy-entrep/
Contact info:
Contact
Amanda Chin Yee, Dir. of Partnerships
amandachinyee@singletonfoundation.org
The Singleton Foundation for Financial Literacy and Entrepreneurship received Jump$tart Coalition’s Innovation Award in 2023 awarded for the Foundation’s unique approach to using the power of entertainment to teach financial skills.
From left to right: Corey Carlisle, Varo Bank, Bonnie Wallace, Wells Fargo Foundation, Shelley Miles, The Singleton Foundation for Financial Literacy and Entrepreneurship, Rod Griffin, Experian, Laura Levine, Jump$tart Coalition
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