Financial Literacy + Grant Program

KARA's financial literacy peer groups learn, find meaningful guidance, and develop sustainable financial, work and wealth habits. Monthly peer group discussions share personal financial issues, discover real-world financial tools, are granted seed funding for investing, and problem-solve for each participant. Overcoming barriers, turning bad habits into good habits and confidence building are at the center of our peer group model.

KARA’s FinLit initiatives include finding job and life security by teaching skills, wealth building, and social and corporate trends including environmentally sustainable jobs and careers.

What makes us unique

• at risk youth and young adult focused — ages 18–28, with priority for fostered and adopted Minnesota youth.
• Participants are provided money tools and knowledge about opportunities, avoiding common mistakes, sound financial habits and wealth building.
• Grants are given directly to young people to save, invest and begin to grow wealth.
• We work with a variety of financial instruments and partner with trusted organizations.
• Ongoing support and encouragement from peer group members and KARA.

It starts with a group

An expert facilitator from our partnered organization co-guides sessions with KARA. We meet participants where they are — turning “What to do?” into what to do, and what not to do.

Underserved, financially unskilled people are having a very hard time in today’s harsh and fast-moving buyer-beware economy. For young people leaving foster care, the gap is wider still: the habits, tools and safety nets most people inherit have to be built from scratch.

Take part

To join a peer group, refer a young person, or support the grant fund, write to info@invisiblechildren.org.