Empowering Orlando: Full-Court Finance Event Promotes Financial Literacy and Community Support
Possible, a fintech company focused on improving financial health for underserved communities, recently hosted Full-Court Finance, a unique financial education event in partnership with the Orlando Magic, United Against Poverty Orlando, and New Image Youth Center. The event featured sessions on Credit 101 and Budgeting 101, providing attendees with practical money management skills. While parents learned about finances, children enjoyed basketball clinics and activities on the Orlando Magic’s practice court.
Ellen Falbo, Possible's Chief Credit Officer, emphasized the importance of financial literacy and empowerment for the Orlando community. Possible Finance, which serves over 13,000 members in Orlando, has saved Florida residents millions of dollars in fees by offering fair terms and no hidden charges. The company's mission is to break the debt cycle and provide accessible financial products like the Possible Loan to help customers build credit without traditional lending pitfalls.
Tony Huang, CEO and Co-Founder of Possible, highlighted the significance of taking tangible actions to address financial inequities. By partnering with the Orlando Magic, Possible was able to reach a larger audience and equip families with practical tools for financial stability. The event aimed to provide real solutions and resources to empower individuals to take control of their financial futures.
The Orlando Magic, known for their commitment to community impact, have a long history of supporting local initiatives and youth programs. Through sponsorships, donations, and volunteer efforts, the Magic contribute over $2 million annually to the local community. The team's dedication to making a difference off the court aligns with Possible's mission to empower individuals through financial education and support.
In conclusion, Full-Court Finance exemplified the collaborative efforts of Possible, the Orlando Magic, and community partners to promote financial literacy and empowerment in Orlando. By providing hands-on financial education and resources, the event aimed to equip families with the tools they need to make informed financial decisions and build a more secure future. Through initiatives like Full-Court Finance, organizations like Possible and the Orlando Magic are making a positive impact on the financial well-being of underserved communities.