Journal Entry 

 Friday, December 29, 2023: Financial Literacy 

Michael Santos

Michael Santos

Title: Financial Literacy and Freedom: Building Wealth Post-Release

In the journey toward reintegration and rebuilding life post-release, financial literacy emerges as a cornerstone for long-term stability and success. During my own time in prison, spanning multiple decades, a crucial part of my preparation involved contemplating financial stability for the life that awaited me outside. This article, aligned with the themes of self-empowerment through crisis, underscores the importance of financial planning and personal development as tools for building a prosperous future.

The Importance of Financial Planning

Every person in prison faces the challenge of envisioning and preparing for their financial future. Thinking ahead about the financial resources needed post-release is not just practical; it’s empowering. The sooner you start planning, the better equipped you’ll be to make informed decisions and create a robust plan for financial independence.

Maslow’s Hierarchy of Needs: A Guiding Theory

Maslow’s hierarchy of needs, a theory that delineates the stages of human growth and development, was a beacon for me during my incarceration. It helped me understand the fundamental needs I would have to meet upon release, setting the stage for further growth. This theory can be a valuable tool for anyone in prison, helping to frame your preparation in terms of satisfying basic needs and then gradually building towards achieving financial security and self-fulfillment.

Investing in Personal Development

The most crucial investment you can make is in your personal development. This includes acquiring new skills, expanding your knowledge base, and developing creative ways of thinking. Such investments not only enhance your employability and entrepreneurial prospects post-release but also contribute to your overall sense of self-worth and confidence.

Participating in ‘Preparing for Success after Prison’

Our course, “Preparing for Success after Prison,” emphasizes these aspects of preparation. We guide and support you in developing financial literacy, understanding the principles of wealth building, and making the most of your personal development journey.

Invitation to Share and Participate

We invite you to join us in this transformative journey. Share your progress, challenges, and aspirations with us at [email protected]. Remember, if you include “Request a Book” in the subject line of your email, we will donate a book from our resources to aid your financial literacy and personal growth journey, with titles like “Earning Freedom: Conquering a 45-Year Sentence” or “Success after Prison.”

Critical Thinking:

  • 1. Financial Forecasting: Begin by forecasting your financial needs for the first year post-release. Consider housing, food, transportation, and other essentials.
  • 2. Skill Development: Identify skills you can develop or enhance while in prison that could lead to financial opportunities upon release.
  • 3. Creative Thinking: Explore creative solutions to potential financial challenges you might face post-release. How can you turn your experiences into opportunities?

In conclusion, “Financial Literacy and Freedom: Building Wealth Post-Release” is not just about managing money; it’s about nurturing a mindset of growth, resilience, and proactive planning. By investing in your financial literacy and personal development today, you pave the way for a future of freedom, stability, and success.

Respectfully,
Michael Santos
Founder, Prison Professors Talent