Target 3: Building Your Economic Legacy

Xi Beta Omega will emphasize financial planning, asset accumulation, and wealth-building including savings and investments, managing debt, and improving credit.

• Personal Financial Planning and Asset Accumulation. Financial Freedom Legacy Workshops will be conducted in partnership with local certified financial planners who will share information on saving, investing, and retirement planning. Xi Beta Omega will train community residents on ways to perform financial assessments to achieve their financial goals.

• Credit Repair and Monitoring. This initiative will focus on ways to repair credit and improve credit scores including how to check for inaccurate or outdated information in credit reports, and how to protect against both identity theft and unauthorized credit history use.

• Entrepreneurship and the Black Dollar 365. This initiative will highlight and promote successful African-American owned businesses with an aim toward spawning new entrepreneurial ventures in our communities by encouraging intentional support and leveraging the power of the black dollar 365 days a year.

• Operation AKA Assist. This initiative will focus on implementing programs to assist those in need in various communities by directing attention to the plight of the homeless, including homeless children, and homeless veterans. Xi Beta Omega will partner with or adopt a shelter, a transitional home, or an organization that provides assistance to these needy populations.

Xi Beta Omega will emphasize financial planning, asset accumulation, and wealth-building including savings and investments, managing debt, and improving credit.

• Personal Financial Planning and Asset Accumulation. Financial Freedom Legacy Workshops will be conducted in partnership with local certified financial planners who will share information on saving, investing, and retirement planning. Xi Beta Omega will train community residents on ways to perform financial assessments to achieve their financial goals.

• Credit Repair and Monitoring. This initiative will focus on ways to repair credit and improve credit scores including how to check for inaccurate or outdated information in credit reports, and how to protect against both identity theft and unauthorized credit history use.

• Entrepreneurship and the Black Dollar 365. This initiative will highlight and promote successful African-American owned businesses with an aim toward spawning new entrepreneurial ventures in our communities by encouraging intentional support and leveraging the power of the black dollar 365 days a year.

• Operation AKA Assist. This initiative will focus on implementing programs to assist those in need in various communities by directing attention to the plight of the homeless, including homeless children, and homeless veterans. Xi Beta Omega will partner with or adopt a shelter, a transitional home, or an organization that provides assistance to these needy populations.

Understanding your Credit Score