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March 13 2013

HOPE Helps Angelenos Get Moneywise


Moneywise tour visits FAME Center to empower community
Los Angeles – March 14, 2013 – Operation HOPE joined host of the PBS television series “Moneywise”, Kelvin Boston, on March 9th at the esteemed FAME Assistance Center in south central Los Angeles for the grassroots traveling Moneywise Empowerment Tour to provide practical, do-it yourself advice around money management and asset building.
“Operation HOPE is pleased to be one of the many sponsors of The Moneywise Empowerment Tour,” said Leo A. Cablayan, regional vice president for Operation HOPE in Los Angeles. “In line with HOPE’s ‘silver rights’ mission to empower underserved communities, we understand the importance of teaching people how to take control of their own financial futures. Our long-time partnership with Kelvin Boston and Moneywise is a great opportunity to give our community a wide range of information that can benefit individuals, families, small businesses and ultimately the entire community.”
The daylong seminar featured results-oriented panel discussion on: becoming debt free, increasing your savings and investments, understanding new housing programs, living a diet-free life, protecting your retirement and estate, and the steps to starting a business. This wealth-building seminar provided attendees with the opportunity to engage representatives from community based non-profits, governmental agencies and local financial services companies. 
The Moneywise Empowerment Tour has become one of the leading African American faith-based financial tours in the country, serving more than 38,000 minority consumers and military members in the United States. In 2013 the Moneywise Empowerment Tour will visit churches in eleven cities, many communities where HOPE has a Financial Dignity Center or Banking on Our Future office, including: Los Angeles, CA; Baltimore, MD; Chicago, IL; Denver, CO; Philadelphia, PA; Atlanta, GA; Oakland, CA; and Washington, DC.
“The community based non-profit organizations play an important role in securing our community’s economic future,” Boston. “In spite of the recession, we still have financial and human capital to protect, save and invest.”
National speakers also joined to round out the spectrum of financial empowerment, including: Dr. Dennis Kimbro, author of Think and Grow Rich: A Black Choice; Robert Ferguson, MS, CN author of Diet-Free for Life; Wendy Gladney, CEO Wendy Enterprise; Rev. Michael J. Fisher, Pastor of Greater Zion Church Family; Clifton Mosley, President, Los Angeles Chapter of the National Sales Network; Brian Jackson, NestWise Financial Advisor; Thomas G. Gehring, Esq., Law Offices of Thomas G. Gehring; and Stellar Gospel Award nominated recording artist Doreen Vail. The national Moneywise Empowerment Tour is sponsored in part by the Moneywise Foundation, FDIC, NestWise, Worth Unlimited, SCORE, Operation Hope, AIG, US Black Chamber of Commerce, and National Association of Real Estate Brokers.
Since 2006, Kelvin Boston and the Moneywise Empowerment Tour have provided free financial seminars to more than 35,000 African Americans and service members in the United States, Japan, Europe and the Middle East. In 2010, Kelvin Boston’s company produced the “Moneywise Homeowner’s Empowerment Special: Avoiding Foreclosure”; and the “Moneywise with Kelvin Boston” series began airing on the Armed Forces Television Network where it reaches more than one million members and their families in 170 countries around the world.
Headquartered in Los Angeles since 1992, Operation HOPE has taken the lead on promoting financial dignity through financial literacy and education tools to underserved communities. Through its four core portfolios, the organization has provided youth and adult financial literacy, economic preparedness, digital empowerment, promoted home ownership, and assisted with foreclosure prevention to more than 2 million individuals, families, and small business owners.