Ep 5 - Poverty & Financial Empowerment: How to Move Beyond
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Ep 5 - Poverty & Financial Empowerment: How to Move Beyond
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Money is an important tool to overcoming poverty. On this episode of Pathways to Success, SDC CEO Dr. Hinton and Financial Coach Warwees Holt discuss generational poverty and the tools that can help people build wealth. Poverty isn’t a life sentence and getting on a financial path forward should not be difficult.
14% of adults and 23% of children are living in poverty in the United States. In Milwaukee County, the poverty rate is at an all-time high with 25% of residents are living of poverty.
Why are so many people living in poverty and staying in poverty? Listen as SDC CEO Dr. Hinton and Financial Coach Warwees Holt discuss why many low-income communities are conditioned to live and stay in poverty. Getting on a path where you are not only making money, but building wealth should not be difficult. But you must be willing to start. Listen as Warwees shares how SDC’s financial services are empowering Milwaukee County residents move beyond poverty through financial education.
Conversation highlights:
- Cycle of poverty
- How to cope with trying to get by?
- Benefit packages and 401Ks
- Tactical Ways to Get on a Financial Path Forward