Actor from Staten Island, New YorkIn his hometown of Staten Island, Michael Rainey Jr. has teamed up with the Recovery Education Foundation (R.A.R.E. Foundation) to provide three high schools with $2.4 million in financial literacy services.
The 24-year-old actor, who is most recognized for playing Tariq St. Patrick on Power and Power Book II: Ghost, has contributed $600,000 to launch a financial literacy campaign that will equip high school kids with the skills and information they need to create financial security. Equifax, the R.A.R.E Foundation, and Rainey Jr. are working together on this project.
The effort was started by Rainey Jr.’s $600,000 donation, but Equifax is now offering credit monitoring, identity theft protection, and educational resources to students and their families. The R.A.R.E. Foundation will provide the infrastructure and financial literacy resources needed to implement the program at three high schools on Staten Island.
Rainey Jr. visited with students at Port Richmond High School on November 14 to discuss his financial path and stress the value of establishing credit scores and safeguarding your identity as part of the initiative’s launch.
When I was a child, I would undoubtedly go home, ask my parents what their credit score was, and begin the process of obtaining authorization to use their account so that I could begin constructing my own, Rainey Jr. said.
Additionally, Rainey Jr. and the R.A.R.E. Foundation came to Curtis High School to talk about their credit program and financial literacy.
The third high school on Staten Island that will participate has not yet been revealed.
The R.A.R.E. Foundation is committed to giving underprivileged communities the necessary financial recovery education and training, according to the organization’s website.
The R.A.R.E. Foundation and Rainey Jr. hope to educate and provide resources on identity protection, credit, and money management through this program. Up to 250,000 students are intended to be sponsored by the initiative.
Both the donor and the student will receive a financial literacy package with a minimum donation of $25. This package includes e-books like Who Stole My Identity? and The Power of Credit by financial literacy advocate, as well as a one-year subscription to Equifax Complete Premier to monitor their credit and identity theft protection.Luzunaris Preston Kid Kredit.
To help you better grasp the principles of financial management, they will also provide a 12-course digital financial literacy curriculum and free one-on-one credit consultations.
Visit the R.A.R.E. Foundation’s website to find out more.
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