Outliers Zone launches Financial Independence, Retire Early campaign launched
Financial independence training institute Outliers Zone has launched a countrywide campaign to help households better understand financial independence.
The Financial Independence Retire Early (F.I.R.E) campaign was launched on February 12th, at the Bertram Collins College of the Public Service with 60 of its cadets, ages 16 to 21, who are to be instructed on practical financial independence skills.
In a press release about the campaign, Outliers Zone said the goal is to learn how to live on less than you earn, aggressively begin saving and investing now so you can build assets that work without you and give you the freedom to do what you love in your 30s or 40s or at least 10 years from starting this journey.
“This movement also means that you build enough wealth such that you no longer have to work for money but you have assets that work for you. Converts who join this movement can become financially independent when their wealth’s assets produce enough income to cover their expenses,” it explains.
The release adds that Outliers Zone’s mandate in 2019/2020 is to help 11,000 households get money smart. “This national campaign has begun to garner massive impact,” it said, while noting that last year 1,000 primary and secondary students were taught “money smart” principles of saving, spending, donating, investing and tithing, while 1,631 employees were also taught the strategies to break free the paycheck-to-paycheck lifestyle and start building a sound financial base.
It said for this year, the F.I.R.E campaign has been introduced to help the remaining 8,400 households pursue financial independence. “This movement sets out to adequately prepare Guyana’s children, teens and adults for an oil producing economy and learn how to grow assets that will work for them and thereby reduce the level of poverty and other social ills affecting national development,” it added.
The release further said that Outliers
Zone’s Chief Executive Officer Athalyah Yisrael is encouraging persons who are tired of living from paycheck to paycheck, making a lot of money but not having anything to show for it and desperately seeking a financial breakthrough to join this campaign. Interested persons can contact Outliers Zone at 617-0173 or via its Facebook page.