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Financial columnist Jonathan Clements has spent decades writing about how to save, invest, and manage finances for his Wall Street Journal column “Getting Going,” his platform HumbleDollar.com, and many books about personal finance.
In 2024, Jonathan was diagnosed with a terminal illness and decided to use the proceeds from a final book to kick-start a new program that will directly help young adults (especially from low-income households) to set themselves up for long-term financial success.
The John C. Bogle Center for Financial Literacy, a 501(c)(3) non-profit, is proud to assist by administering charitable donations to the initiative.
As envisioned by Clements, the Jonathan Clements Getting Going on Saving Initiative will provide direct $1,000 grants to selected qualifying individuals to fund a Roth IRA.
The team making Jonathan’s vision a reality includes representatives of the Bogle Center, J-PAL North America (a research center based at MIT), the city of Boston’s Office of Youth Employment and Opportunity, as well as other individuals close to Jonathan.
In addition to directly benefiting the individual recipients, the program will enable J-PAL researchers to evaluate whether grants like this are an effective tool to help young adults, including those from lower-income backgrounds, establish an early habit of setting money aside for later in life.
To learn more, go here.
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