The Solution

The World of Money is critical in preparing and inspiring today’s youth to succeed in the 21stcentury global market demands. Our Institute helps prepare young people for the real world, shows them how to generate wealth and manage it, make smart and good choices in their lives and guides them in a direction for the future. World of Money requests funding to expand so that it can reach and positively impact more black students in New York City. We wish to partner with our national programming partners(A Better Chance, Prep for Prep) to create stable communities, reduce poverty, create technology-based businesses and together encourage America’s black youth to become leaders and philanthropists of tomorrow and become successful fiscally responsible business leaders. We remain steadfastly committed to our principal objective of enhancing the lives of black children and young adults in the Tri-State New York City area.

The World of Money Youth Financial Education Training Institute is a 120 classroom hour intensive training that takes place over three sessions each July. Students can attend one, two or all three sessions. As part of the curriculum, youth tour the financial and government centers in our local and in our nation’s capital.The Institute provides intensive education in the five tenets for a financially responsible and philanthropic life: learn, earn, save, invest and donate. Having these basic financial planning tools encourages youth to become family team players, maximize their longer-term financial well-being and to balance consumer and investor behaviors. Youth are taught the importance of philanthropy and that they may be the change they seek in the world. Daily homework assignments include a ‘family roundtable’, whereby youth discuss money matters with their parents, which provides relevant, challenging and engaging learning opportunities for all students. This approach is called activities-based learning and problem-based learning. The curriculum demonstrates an increase in youth motivation, an increase in cooperative learning skills and an improvement in student academic achievement. In technology, students also learn principles and processes in web development that apply to all software development. Specifically, they learn how to create detailed user requirements, design a technical solution, implement that design in working code, and test that the implementation meets the original requirements. Moguls will also learn how web pages work, i.e., how browsers go from plain text files to pages with color, graphics, images, tables, and links. Guided by 10 technology expert mentors, our students develop a website using HTML5, CSS, and JavaScript. Students must also adhere to strict attendance, dress and behavior codes.

Upon graduating with a Certificate of Completion, alumni are eligible to enroll in our Youth Business School and attend alumni follow-up enrichment activities and refresher courses throughout the year.

Senior Leadership

Since 2005, author Sabrina Lamb has been the Founding Chief Executive Officer of the World of Money, a leading provider of financial education for underserved youth in the New York City Tri-State area. She is the author of “Do I Look Like an ATM? A Parent’s Guide to Raising Financially Responsible African-American Children” (Chicago Review Press, 2013). Sabrina explores how parental emotional beliefs and money styles may inhibit imparting sound financial principles to their children. Under her leadership, she has spearheaded the World of Money Youth Financial Education Training Institute, attracting financial experts who are adept in teaching youth about disciplined saving, stocks/bonds, real estate investment, insurance, and other critical financial topics. Sabrina is a member of New York City’s Financial Education Network, the Nonprofit Coordinating Committee of New York and Council of Urban Professionals. Sabrina is also listed as a “Who’s Who in Black New York”, was named one of The Grio’s 100.

Sabrina is a 2014 NAACP Image Awards Nominee. She is the recipient of the BDPA Small Business Innovator Award, Rainbow Push/Wall Street Project Honors, New York State Z-Hope Award, NV Magazine 2011 Movers & Shakers, and National Black MBA New York Metro Chapter Entrepreneur of the Year Award. Sabrina has promoted the cause of youth financial education on through nationwide workshops, keynote speeches and at Black Enterprise’s “Women of Power” Summit. She has been designated as New York 1 Television’s “New Yorker of the Week” and has been featured on Fox Business Network, WCBS-TV, ABC’s Good Morning America, WNBC-TV and Australian television’s “Weekend Sunrise”.