Sabrina Franklin joined the Financial Empowerment Center in 2013 and currently holds the position of Financial Counseling Manager. With the June theme of financial independence through savings in mind, she offers a few thoughts on savings and some of her earliest memories of its importance.
Raised in Willikies Village on the island nation of Antigua and Barbuda in the Caribbean, Sabrina remembers playing among the building materials her grandmother would buy as she built the family home. The piles of cinderblocks and rebar were purchases made with cash — and never on credit. “She cash-flowed it,” Franklin remembers. It was a slow process, but she never paid a finance charge or fee over the construction of one of the biggest houses in the area. “Her goal was to keep as much as possible — not to be stingy, but that’s where her security came from,” Sabrina says. “Fast-forward, I’m able to look back and see, okay, this is what money should do.”
In her roll, Franklin understands that a client’s employment situation can suddenly change. Health problems can rise out of nowhere. “With cash, you’re able to do what you want to do, when you want to do it,” she says. “That’s freedom, in my opinion.”
If you’re seeking to take control of your finances and give yourself peace of mind through a growing reserve of cash, Sabrina and the FEC team can help guide your steps to achieve your own level of freedom. Call 615.748.3620 or visit fec.nashville.gov to set up a one-on-one appointment.