Keeping Great Teachers in Classrooms
SAN FRANCISCO, April 25, 2023 /PRNewswire-PRWeb/ -- The Beans, a financial technology startup, and Teach for America (TFA) Houston, a pacesetter for educational equity in the city of Houston, announced their partnership to provide Houston area educators and staff with tools to reduce financial stress, improve wellbeing, and support mental health outcomes.
Financial stress is the number one most persistent stress in America* and with teacher turnover at 10% nationwide, higher than it was pre-pandemic, the need for tools to reduce stress and support wellbeing is at an all-time high**.
Through the launch of the partnership with The Beans, TFA Houston's incoming and existing Corp Members will receive access to a year of financial care from The Beans, including evidence-based content, tools, and resources aimed at reducing financial stress while making meaningful financial progress.
"We know that effectively managing income and cash flow disrupts stress cycles, restoring joy and the kind of presence effective classroom leaders need," said Melissa Pancoast, Founder, and CEO of The Beans. "As a Teach for America alum I am proud that this program was built by teachers for teachers. We believe it should be possible to do great work and make financial progress." Reducing financial stress leads to improved well-being and can play a key role in employee retention.
Houston TFA's work with The Beans will provide new Corp Members access to The Beans' app, evidence-based content, and ongoing support through Community Sessions. "TFA Houston is committed to supporting our Corp Members and providing them with the resources they need to succeed," said Tiffany Cuellar Needham, Executive Director of Teach for America Houston. "The Bean is a critical component of that support, and we are proud to offer this program to our Corp Members." The Bean is just one of the many ways that TFA Houston is working to support our Corps Members as they strive to make a difference in their communities. By offering financial education and resources, we aim to help our Corp Members achieve financial security and freedom, allowing them to focus on their mission of improving education for all students. For more information about Teach For America Houston visit https://www.teachforamerica.org/houston.
For more information about The Beans visit http://www.thebeans.io.*https://www.apa.org/news/press/releases/stress/2021/october-decision-making** https://www.usatoday.com/story/news/education/2023/03/06/more-teachers-quitting-than-usual-driven-stress-politics-data-shows/11390639002/
ABOUT THE BEANS
The Beans (http://www.thebeans.io) is simplifying the path to financial success. The financial technology company automates financial planning and support for America's Caring Professionals, our education, healthcare, and public employees. The Beans delivers the world's first Visual Financial Plan, an evidence-based approach to personal finances that works, enabling members to achieve financial goals and break free from financial stress. Founded by a former math teacher turned University of Oxford researcher, The Beans is available online and on iOS through the App Store.
ABOUT TEACH FOR AMERICA
Teach For America works in partnership with 350 urban and rural communities across the country to expand educational opportunities for children. Founded in 1990, Teach For America recruits and develops a diverse corps of outstanding leaders who make an initial two-year commitment to teach in high-need schools and become lifelong leaders in an effort to end educational inequity. Today, Teach For America is a force of over 64,000 alumni and corps members working in over 9,000 schools nationwide in pursuit of profound systemic change. From classrooms to districts to state houses across America, they are reimagining education to realize the day when every child has an equal opportunity to learn, lead, thrive, and co-create a future filled with possibility. Teach For America is a proud member of the AmeriCorps national service network.
For more information, visit http://www.teachforamerica.org and follow us on Facebook and Twitter.
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