National economic trends, such as unstable employment, the threat to Social Security as we know it, and the widening gap between wealth and poverty are the basis for the development of Financial Fortitude, the current Economic Development program initiative of Delta Sigma Theta Sorority, Incorporated. Financial Fortitude is a process that helps participants set and define goals, then develop and implement an action plan to achieve them. The process serves as a blueprint to address all aspects of personal finances.

The Financial Fortitude initiative is comprised of 10 components: goal setting, financial planning, budgeting, debt management, savings and investments, retirement planning, homeownership, insurance, estate planning, and entrepreneurship. It also provides information from major economic corporations and other well-known financial institutions.

 

The chapter’s most recent efforts have focused on debt management and entrepreneurship. The chapter is encouraging members and the community to participate in the dFree initiative, a nationwide campaign to help individuals reduce or eliminate debt. The chapter also hosted a three-part entrepreneurship workshop series and a reception honoring the winner of the sorority’s National Women-Business Owned Competition. For the past two years, the chapter has hosted a children’s business fair to encourage young people between the ages of six and 18 to start and run their own companies. To learn more, contact econdev@detroitdeltas.org.

Children’s Business Fair registration: childrensbusinessfair.org/detroitdeltas

"Service to others is the rent you pay for your room here on Earth."


-Muhammad Ali