Strengthening Financial Literacy Among Youth Through Strategic Partnership
Encore Capital Group, a leading international specialty finance company, has announced a significant expansion of its partnership with Junior Achievement USA, a major organization dedicated to empowering young people with essential economic skills and knowledge. This collaboration aims to equip youth with the tools necessary for economic success and informed decision-making. As part of the expansion, Encore will provide financial support and volunteer resources to Junior Achievement chapters across several U.S. locations, including Phoenix, Roanoke, San Diego, St. Cloud, and Troy, enhancing the reach and impact of these vital educational programs.
Empowering Future Generations During Financial Literacy Month
The announcement, aligning with Financial Literacy Month, underscores Encore’s dedication to its mission of fostering pathways to economic freedom. This partnership not only supports community engagement through financial education but also bolsters Encore’s commitment to promoting financial independence. Ashish Masih, President and CEO of Encore, expressed pride in the initiative, highlighting the role of Encore’s employees who volunteer their time and energy to mentor young individuals, thereby directly contributing to the development of financially savvy communities.
Junior Achievement’s Role in Cultivating Financially Capable Young Adults
Junior Achievement has proven its effectiveness in preparing young individuals for future economic challenges, with data showing that its alumni are more likely to achieve higher education levels, succeed in their careers, and manage their finances confidently. Through hands-on educational programs, Junior Achievement helps students from elementary through high school, and now even young adults, to master personal finance skills critical for lifelong success. This partnership reflects a shared vision between Encore and Junior Achievement: to lay a robust foundation for young people that leads to lasting financial health and empowerment.