Youthful Savings, empowering the next generation with financial education
Somya Munjal, the Managing Director and Founder of Youthful Savings, a unique social enterprise committed to making enterprise and finance fun; one educated, happy youth at a time joins Enterprise Radio.
- How did you get started with Youthful Savings?
- What are the main objectives of Youthful Savings?
- What initial obstacles did you face and how did you overcome them?
- What success have you seen?
- Where do you see your business going in the next 5 years?
Somya started blogging about financial literacy in 2010. She paid her way through a Bachelor of Science, Master of Accountancy, and Master of Business Administration in International Business by applying to as many scholarships as possible and sometimes working two to three jobs. She wanted to teach other young adults how to attend college without debt. She’s a firm believer in education as an agent for change. She’s also a Certified Public Accountant.
She has had the opportunity to work for large firms and corporations. Her real passion is investing in the youth. In November 2012, she founded Youthful Savings as a social enterprise with a clear mission of developing the human spirit through essential financial education and life skills training–one educated, happy youth at a time. Youthful Savings is committed to empowering communities with financial solutions through tax preparation/planning, college/life planning, and creating and delivering innovative youth after school and summer programs. 10% of the fees paid to her social enterprise go towards essential youth college scholarships.
Youthful Savings operates on the tag line, “Save early, live healthy, and create a better tomorrow.”
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