Personal Finance News
The Creative Ladder, Robinhood Partner on Financial Education
A rising nonprofit and a well-known FinTech are working together to bring financial education to blossoming creatives.
About the partnership:
Recently, The Creative Ladder announced a partnership with the investment app Robinhood. Together, the two will provide financial education tools to the organization’s community. As part of the partnership, Robinhood will sponsor a four-part virtual workshop covering key financial topics.
The program will kick off on September 20th with “First Job, First Paycheck.” This session will discuss financial challenges that are especially important to creatives working in freelance and gig capacities including net versus gross pay, negotiating rates, and more. Registration for this event is currently open. Subsequent session topics include spending and budgeting, retirement, and building a healthy relationship with your finances.
About The Creative Ladder:
Launched in 2022, The Creative Ladder seeks to grow the next generation of creative leaders. Moreover, the nonprofit aims to make creative careers more accessible to all. To do this, the organization helps students from a variety of backgrounds and helps train them for future success.
In terms of other partners, Robinhood joins Ceros as an “Innovating Supporter.” Other brands that work with The Creative Ladder include Deloitte, Hilton, Capital One, Consiglieri, One Sixty/Ninety, and Endeavor.
What they’re saying:
Announcing the support from Robinhood, The Creative Ladder’s co-founder and CEO Dionna Dorsey said, “We couldn’t be more excited to partner with Robinhood to provide financial education to equip our community of generally marginalized creative talent with the knowledge and skills needed to navigate the financial challenges unique to their industries.”
Meanwhile, Robinhood’s VP of International Government and External Affairs Mary Elizabeth Taylor said of the partnership, “Both The Creative Ladder and Robinhood are in the business of removing obstacles that stand to hinder the success of future generations to achieve their financial goals. Together, we’ll pair actionable financial education around how to handle your first paycheck, start saving for retirement, or even the basics of investing with The Creative Ladder’s flagship leadership training.”
My thoughts:
For all the flack that Robinhood often gets, at its core, the app serves as a tremendous tool that not only opens the world of investing to newcomers but also helps them understand financial concepts that may not be so accessible. Because of that, the company seems like a perfect fit for this partnership. That said, aside from the Retirement entry, there actually aren’t many topics covered during the workshop series that are obviously self-serving to Robinhood’s interests. So, while the company may garner some goodwill, it does feel as though its interest in The Creative Ladder’s mission is more genuine than some might assume. Thus, I’m going to give the company kudos on this one and look forward to seeing what this partnership can accomplish.
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