Community Savings Network We Share Financial Knowledge
Community Savings Network We Build Generational Wealth
Community Savings Network
Reach Your Financial Goals
"For our own success to be real, it must contribute to the success of others." ~ Eleanor Roosevelt
We work inside-out and technology supports our initiatives. Together we build generational wealth. | More
Activities & Events
We learn from each other and assist in providing education for those that desire financial knowledge. | More
We collaborate with like-minded individuals and entities to provide a network of outstanding support. | More
WHY A COMMUNITY SAVINGS NETWORK?
“If you wake up deciding what you want to give versus what you’re going to get,
you become a more successful person. In other words,
if you want to make money, you have to help someone else make money.”
~ Russell Simmons
Change Your Beliefs About Money & Break Free From Financial Bondage
It is a rotating savings club where sponsors collaborate or network and then are matched with sponsees.
The sponsee changes each period in a rotating fashion until all members have received sponsorships.
The P.O.W. savings method relies on a community framework, which makes it unique in its construct.
Why have I not heard of this practice?
In the United States, primary education and access to savings and credit building methods involve traditional banking institutions and lending organizations.
These systems provide limited options for wealth building and often involve debt to build credit and wealth.
In addition, these systems often focus on the individual instead of collective contributions to reach one’s financial objectives.
There are many cultures where the tradition of savings is a centuries-old process that is not based on solo contributions but in collective contributions.
These cultures, that employ this practice, do not use debt as a means to build credit either.
They promote community cooperation to build a fund that benefits their community members in times where there is a large financial need.
The P.O.W. Community Savings Network embraces this ancient tradition as an alternative to traditional Western savings, credit, and wealth-building methods that can lead to an unrecoverable cycle of debt.