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“Countless people helped me to get to where I am today. The only way to pay them back is to pay it forward. Fifty for Free Youth Community Initiative is our way of doing so.” — Jermaine Anderson

Fifty for Free participants standing around a seated Jermaine Anderson

Fifty For Free Youth Community Initiative (FFF) is a not-for-profit organization based in Toronto focused on building character, cultivating financial literacy knowledge and developing basketball skills with youth from under-served communities.

Throughout the last three years, Anderson has brought together over 250 students and 40 mentors to laugh, learn and play together, creating lifelong bonds at no cost to the students or their families.

Program mentors have included people such as Charlotte Hornets’ assistant coach Nathaniel Mitchell and Raptors 905 assistant coach Wumi Agunbiade.

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Why Finance

By the time we are given our first monetary gift or allowance, we are in the realm of managing our finances. With student loans and credit card debt on the rise, money management is one of the most important issues facing our youth today. We have partnered with Enriched Academy to help educate our program participants on the importance of being financially responsible in a simple and practical way.

Debt to Income Ratio: $178.5%
Average Debt per Person in Canada: $22,081
Average Student Loan Debt: $25,000
Canadians Living Paycheque to Paycheque: 53%
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