Kenney Conwell is an Atlanta-based financial education coach and wealth strategist. He created MyMoneyEDU to help people learn how to fix, improve, and maintain excellent credit. His services help people reduce their taxes, increase their cash flow, and build their net worth.
Unlike credit “fixes,” Kenney’s educational resources teach members how to use proven wealth principles to make a long-term impact on their credit scores and financial success.
A Void in the Minority Community
Kenney started his career selling insurance. When he visited low-income families, he saw the differences in their lifestyles, conversations, and mindset. His work in the insurance industry opened his eyes to a massive void in the minority community.
These communities face a lack of financial education and lack of access to financial resources, leaving them in a generational cycle of poverty. Kenney believes that repairing financial disparities is an essential component to improving communities.
From this experience, Kenney grew obsessed with learning everything he could about credit. He didn’t just want to learn about credit scores. Instead, he uncovered strategies used by “insiders” on how to get credit, leverage it, and use that credit to build wealth. He learned to protect financial assets from loss using the same blueprint one-percenters use to grow their wealth.
The Birth of MyMoneyEDU
After learning everything he could about finances and credit, Kenney created MyMoneyEDU. This site offers financial education that shows people how to restore their credit. They learn the principles necessary to maintain excellent credit permanently.
This is different from credit repair, which is a one-time fix. Kenney teaches members how to successfully manage their credit and finances.
He also works with high-level business owners, teaching them how to stop using their own money to grow their business. Instead, they learn how to use other people’s money to expand or scale their businesses.
All of the products and services from MyMoneyEDU are digital. Anyone can take advantage of the programs provided, no matter where they are or how much time they have. Members gain access to a personalized dashboard that helps them keep track of their progress and results.
MyMoneyEDU offers dozens of lessons, action steps, insider strategies, and financial education. Members learn how to build personal and business credit. The tools on MyMoneyEDU show members how to obtain $250,000 or more in business credit by following an easy system.
Kenney works with members by offering Q&A sessions and one-on-one consulting. Combined with the online resources available on MyMoneyEDU, these sessions offer powerful assistance to people seeking financial health.
Creating First-Generation Millionaires
The path to building wealth used to mean going to school, building a career, buying a home, and investing in a 401(k). However, these things are no longer the only path to building wealth.
MyMoneyEDU seeks to offer time freedom and financial freedom to first-generation millionaires. They do this by learning to leverage four resources:
- Leverage a cash flow system: members learn to focus on increasing personal income by starting their own business or working a side hustle.
- Leverage personal and business credit: although the saying is “cash is king,” the truth is that credit is queen. Use both personal and business credit to maximize your ability to generate wealth.
- Leverage the stock market: members learn how to invest actively or passively in stocks. MyMoneyEDU tells them to start by investing in companies they use every day (like their toothpaste company, streaming service, or favorite restaurant chains).
- Leverage tax planning: members learn that when tax planning is done correctly, they can avoid overpaying on taxes. This is known as tax avoidance, a strategy utilized by the wealthy to hold onto their wealth.
These things work together to help create long-term financial discipline. When members build credit, they have more opportunities to increase their cash flow. With added cash flow, they have more opportunities to invest. As they generate more wealth, they learn better tax strategies to hold onto that wealth. These four things combine to create first-generation millionaires.
The Future of MyMoneyEDU
The future is bright for MyMoneyEDU and its members. Although Kenney initially struggled to implement the right teams, processes, and systems, the company has grown. The right people have been a powerful tool for growing MyMoneyEDU.
Kenney manages his personal and business finance with the same tools and strategies provided to his members and clients. He really practices what he preaches. He’s leveraged business credit to grow and scale his company. Cash flow management and asset appreciation have helped fund strategic growth.
Kenney’s vision for the future is bright. He hopes to eliminate the wealth gap in minority communities by 10% before he leaves this earth. His current target is to help a million members achieve a 700 credit score or better by 2030.
He offers this advice to aspiring entrepreneurs: work with consistency and focus to reach your goals. Invest in personal and professional development through books, courses, coaching, and conferences.
Although starting a business can be overwhelming, the great days far outweigh the bad. As you grow and build good teams, the stress will decrease. Don’t quit before you reach your goal.