Houston, TX - Dec 20, 2023 - In a significant move to enhance financial wellness in Houston, SpenDebt and Snowball Wealth, together with key community partners, have announced the HTX #FundsUp Challenge. This initiative is focused on equipping Houstonians with the tools and knowledge for financial management, inspired by the founders' own journey to debt freedom.
Real-Life Success:
Meet Ms. Jones, a proud SpenDebt user. Within six months, she utilized the app's micro-payment strategy to pay off two credit cards, a Buy Now, Pay Later (BNPL) account, raise her credit score by 100 points, and qualify for a home loan. Her story is a testament to the efficacy of SpenDebt's approach and serves as an inspiration to others in the Houston community.
Founders' Personal Journey:
The founders of SpenDebt have a deeply personal connection to the app's mission. Their own experience of paying off over $140,000 in consumer debt using micro-payments laid the foundation for SpenDebt. They are now committed to empowering others to achieve similar success, starting with the residents of Houston through the HTX #FundsUp Challenge.
Challenge Overview:
The HTX #FundsUp Challenge, accessible at https://htxfundsup.com, encourages participants to manage their finances effectively. The initiative is a call to action for Houstonians to join the movement towards financial wellness. The challenge is open to all Houston residents who wish to improve their financial situation. Participants will have access to resources and tools to aid in debt reduction, savings growth, and investment understanding.
Key Goals:
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To assist 10,000 Houstonians in elevating their financial status.
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To collectively reduce debt and increase savings and investments within the community, targeting an elevation of $1 million in funds.
Community Partnerships and Support:
Supported by Equiliberty, Houston Area Urban League, LatinX Startup Alliance, LiftFund US, United Way of Greater Houston, Impact Hub Houston, and Capital One, and sponsored by Duo Wealth Advisors & CReed Global Media, the challenge is a collaborative effort to elevate Houston's financial health.
Join Us:
We invite all Houstonians to participate in the HTX #FundsUp Challenge. Your journey towards financial freedom starts with a step towards understanding and managing your finances. Let's make a lasting impact, together.
For more information on the HTX #FundsUp Challenge, please visit https://htxfundsup.com/
About SpenDebt:
SpenDebt is a financial technology company that offers an innovative approach to debt repayment. Designed to assist people in paying off debt, SpenDebt leverages the concept of micro-payments, adding a predefined small amount (e.g., $1.00) to each day-to-day transaction made by the user. These micro-payments are then summed up and submitted as a monthly payment towards the user’s debt, making debt repayment an automatic and manageable part of their daily spending habits. https://www.spendebt.com/
About Snowball Wealth:
Snowball Wealth is a financial education platform for learning how to manage your finances and begin investing. The platform has online courses, tools, and money communities to join. Their mission is to help people make better money decisions by providing community, education, and addressing money anxiety.
https://www.snowballwealth.com/
Media Inquiries:
For media inquiries, please contact Kiley Summers, Co-Founder of Spendebt, at (314) 910-0967 or via email at kiley.summers@spendebt.com
Disclaimer: This press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.
Media Contact
Company Name: SpenDebt
Contact Person: Kiley Summers, Co-Founder, Spendebt
Email: Send Email
Phone: (314) 910-0967
Country: United States
Website: https://htxfundsup.com/
