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GetLifted

GetLifted for Individuals


GetLifted Balloon

Individuals who were selected to participate in the GetLifted initiative will be designated as ‘Community Financial Ambassadors’ (CFAs).

CFAs will be provided with practical financial tools and resources, and learn great ways to share this knowledge with others in their community. CFAs will pass along their financial wellness to other community members in informal settings. CFAs should empathize and show respect to all people in all situations, and be willing to commit their time to ensure success. No prior financial experience is needed – novices welcome!

60 total CFAs have been selected: 18 as individual applicants, 42 as organizational nominees.

Financial Education Training

Individuals will receive financial education training to share with their community. This will include all four aspects of real-life financial issues individuals and families face:

  1. Budgeting in a way that can create savings;
  2. Reducing debt and building assets;
  3. Building a good credit score; and
  4. Protecting consumers from scams and identity theft.

If community members have more in-depth financial questions throughout this process, LSS Financial Counseling staff will provide resources and referrals to assist.

Commitment and Timeline

GetLifted began with applications in June and July of 2017 and ends with an awards event and celebration in August of 2018. CFAs will receive support from LSS and/or their nominating organization as they try and learn new things.

Expectations of CFAs

  • Attend one of three possible two-day financial education workshops
  • Share your knowledge with at least 35-50 others through community events designed by you
  • Submit a plan and budget to receive funding for these events
  • Ensure evaluation materials are collected and submitted for each person you reach
  • Attend a celebration and awards event where prizes will be awarded for outcomes, impact, and innovation.

CFA Timeline

June 19, 2017 – July 21, 2017 Applications closed at 11:59 PM on July 21, 2017

June 26, 2017 & July 10, 2017

Public Question & Answer Conference Calls

August 2017

CFAs were selected

September 6th, 2017

Question & Answer Conference Call for selected CFAs

September 7th, 2017

Question & Answer Conference Call for selected CFAs

September 14 & 15, 2017 

9:00 am - 4:00 pm

Financial Education Training - Option 1 

Minneapolis North Workforce Center

September 22 & 23, 2017

9:00 am - 4:00 pm

Financial Education Training - Option 2

East Side Enterprise Center

September 27 & 28, 2017

9:00 am - 4:00 pm

 

Financial Education Training  - Option 3

LSS / Children's Home Society

October 2017 - July 2018

CFAs to submit their event plan(s) and budget

CFA events will take place, Community Members provide feedback

CFAs submit a post event summary after their event(s) conclude

August 2018  Awards event & celebration (Date TBD) 

 

Important Links for CFAs

Benefits of being a CFA

  • Increase your financial capability
  • Develop your professional experience
  • Try and learn new things
  • Receive a $3,500 stipend for your commitment to increasing financial wellness and equity in your community*
  • Opportunity for additional cash prizes for impact, innovation, and outcomes

 *CFAs will be compensated as they complete activities along the timeline.

CFA Payment Schedule

  • Financial Education training - $1,000
  • Submit event plan and budget - $500
  • Host events - $1,500
  • Attend Awards Event and Celebration - $500

Note: Stipends are considered taxable income. All individuals selected as GetLifted CFAs are required to fill out a W-9, and provide their Social Security Number, Individual Tax Identification Number or Employer Identification Number for payment. Please consult a tax professional if you have any questions.

Application Process

  • Applications were accepted from June 19th – July 21st 2017.
  • The GetLifted committee met in late July to select individual CFAs.
  • All applicants have been notified of their status.
  • CFAs were selected based on their application only.