On Wednesday, June 16, Building Wealth Initiative - Inland Empire (BWI) is hosting the first of its kind in the region, a free virtual webinar tailored to the local Inland economy, where attendees will learn how to make their money go further, bolster income, and create safety nets to ensure the longevity of their business.

Economist and Economics Professor at California State University, San Bernardino Daniel Macdonald will uncover financial strategies that the public and their small businesses can utilize to recover from the disastrous pandemic in 2021 and beyond.

The hour-long webinar begins at noon and will be followed by a half-hour Q&A portion where participants will have the opportunity to have all of their financial literacy questions answered by Macdonald.

“Having a respected economist’s viewpoint of our economic condition amidst the pandemic is so beneficial for our small business owners and entrepreneurs, especially due to our unique circumstances in the Inland Empire; it’s incredibly rich in resources, yet so incredibly poor financially,” said BWI Founder Bobbi Albano.

This not only marks the first free financial literacy virtual event in the San Bernardino region this year, but it also marks the first coordinated financial literacy event for BWI.

“Spending in San Bernardino and Riverside is up 14.3 percent and 11.8 percent since January 2020, which is impressive enough simply on a year-over-year basis. This is exciting, because when businesses see higher spending, that encourages them to hire and invest. It could very well be that this increase in consumer spending leads to strong(er) labor market statistics throughout the summer,” said Macdonald.

To learn more from Macdonald register for the free virtual event at:

Follow BWI on Facebook at: www.facebook.com/buildingwealthinitiativeie

 

About Building Wealth Initiative - Inland Empire

As a nonprofit aimed at helping Inland residents make money, save money, and build better lives, BWI is committed to being a resource to the community. The 501C3 recently found success by saving historic Black churches through technology by putting together a durable, affordable, easy-to-install and easy-to-operate system that would help churches stream to their congregations during the COVID-19 pandemic. The organization also anticipates hosting more events in the near future, sharing financial literacy tools and resources on social media, while offering businesses and other nonprofit organizations guides to strengthen funding opportunities with the goal of elevating the Inland Empire.

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