31 August 2024
Four years ago today, the three of us came together to start Dollar Mentor—a non-profit 501(c)(3) organization dedicated to providing free financial and investment education to individuals and families.
Our inspiration stemmed from our own journey in learning to manage finances and investments independently. Despite the abundance of investment books and online resources, we realized that many people struggle to learn effectively and put their knowledge into practice. When we spoke with friends and acquaintances, we noticed a common theme: confusion or misinformation about investments and uncertainty about where or how to begin. Yet, for all the perceived complexity, sound investment principles are not too difficult to grasp or follow.
We saw mentorship as a way to share the lessons we’ve learned and help others develop essential money management skills. Just as a physical trainer guides someone in achieving their fitness goals, Dollar Mentor aims to offer the support of a caring financial coach to empower people to manage their finances and investments independently. Since our inception, around 25 individuals and couples have reached out to Dollar Mentor, receiving over 200 hours of one-on-one mentoring sessions—free of charge, with no conflict of interest or strings attached.
We hope to continue and expand this service to help more people gain financial confidence, ultimately enabling them to assist others as well. Please reach out if you know someone who could benefit from this.
This service wouldn’t be possible without the trust and encouragement of our many well-wishers and supporters. A BIG thank you to all of you for your help!
Sincerely,
Souvik Dey (Treasurer & Secretary); Sid Roy (Vice President); Sanjib Saha (President)