Business

How Joel Castón built a banking system inside jail for his fellow prisoners

Joel Castón was incarcerated when he was 18 years old. His past predicament made him quite aware of the challenges prisons face or endure. And so when he was contacted by the Washington DC Jail to help build a program for 18 to 25-year-olds focused around mentorship, he understood quite well what the assignment was about.

Joel built the program and named it Young Men Emerging (YME) and the aim was to promote growth and development among young adults by creating an equitable and therapeutic environment as opposed to the old punitive and warehousing practices that mark traditional carceral spaces, he wrote.

YME was designed to allow older people who have been incarcerated for 15 years and above to serve as mentors to recently incarcerated youth between 18 and 25. In addition, the program has counseling sessions, invites speakers and offers advice on a case-by-case basis as well as teaches financial literacy.

To teach practical financial literacy, Joel built a physical monetary system and had bills worth $5 and $100, with each bill stored as laminated paper. The monetary system allows the inmates to make money, get deposits or deductions in their accounts.

“We built this system to ensure these young men become financially literate and confident about earning, spending, and saving money before reentry,” he wrote, according to the Business Insider.

He explained that inmates earned money after completing an assignment. “For instance, we’ve got something we call community clean. I gave a guy $500 the other day because of his community-clean work. I had given him a special project: There was dust in our vents, so I said, ‘Listen, take a look, get yourself a bucket, put some disinfectant in there, and grab yourself a rag’.”

Once Joel created an avenue for inmates to earn money, he created opportunities for the YME community to spend their hard-earned money. The mentors came together and pooled their money to buy commissary items.

“This particularly motivated individuals who don’t have money coming in from family or friends. And people who visit our community — like stakeholders, organizations, and volunteers — have been moved by this. Most notably, someone made a sizable donation, and we were able to buy $5,000 in inventory for the YME store,” he said.

According to Joel, he and his team have put faith behind YME money like the government has put its faith behind the US dollar. The YME money has value and when someone does something, they get rewarded.

“They can take that money and buy an item, or they can try one of our other amenities. We have a barbershop because my motto is if you look good, you feel good and you act good. Now, when a guy has an outside visitor, like family, he can feel good and be well-groomed. You pay $50 for a haircut, $25 for movie tickets, $100 to play Xbox, etc.,” Joel said.

The Business Insider reports that Joel is the first person in the history of Washington, DC, to be elected to public office while incarcerated. This year, he won a seat on the D.C. advisory neighborhood commission from prison while serving a 27-year sentence for murder. Now a commissioner, Joel works with the DC government, policymakers, advocacy groups, and organizations to change the culture of mass incarceration.

Joel was released on parole this November after serving 26 years in prison.

Abu Mubarik

Abu Mubarik is a journalist with years of experience in digital media. He loves football and tennis.

Recent Posts

New York attorney accused of hiring hitman to kill Zimbabwean ex-wife sentenced

A 49-year-old New York attorney was on April 26 sentenced to 10 years in federal…

9 mins ago

Cher, 77, who is dating 38-year-old Alexander Edwards, explains why she dates younger men

During an appearance on The Jennifer Hudson Show on Wednesday, pop legend Cher opened up…

49 mins ago

11-year-old accidentally shot to death by 14-year-old brother with stolen gun

Authorities in Florida said an 11-year-old boy was accidentally shot and killed by his 14-year-old…

1 hour ago

16-year-old Ethiopian Hana Taylor Schlitz breaks sister’s record to become the youngest graduate from TWU

The famous Taylor Schlitz family is making headlines once more as the youngest of the…

16 hours ago

Tahra Grant is reportedly the first Black woman to be Chief Comms Officer at a major Hollywood studio

Sony Pictures Entertainment has appointed Tahra Grant as its Chief Communications Officer. She replaces Robert…

16 hours ago

How Ashley Fox quit her Wall Street job and built a startup to financially empower those Wall Street would never talk to

Meet Ashley M. Fox, the founder of Empify and the first in her family to…

16 hours ago

‘It wasn’t worth it’ – Tyra Banks says the first time she drank alcohol was when she was 50

Tyra Banks, the iconic former host of Dancing With the Stars, has made a delightful…

19 hours ago

Brazilian woman who wheeled dead uncle to bank to withdraw his money is being investigated for manslaughter

A Brazilian woman named Érika de Souza, 42, is under investigation for manslaughter after authorities…

20 hours ago

For the first time, Ghana’s Asante King displays long-lost treasure looted by British forces in 1800s

Ghana’s Asante king Otumfuo Osei Tutu II has unveiled the long-lost treasure of the kingdom…

21 hours ago

Colorado generated $113 million in Deion Sanders’ first season, here’s how

Deion Sanders is a retired American professional football and baseball player who currently coaches at…

21 hours ago

Tiger Woods to receive $100M loyalty reward from PGA Tour: report

Tiger Woods is set to receive $100 million from PGA Tour Enterprises for his loyalty,…

23 hours ago

Jalen Hurts’ $200,000 donation for ACs improves comfort for students in Philadelphia schools

Jalen Hurts, the Philadelphia Eagles' quarterback, has shown his affection for the community by contributing…

1 day ago

Shaq says he spends $1K on pedicures after his mom advised him to paint his toenails: ‘I know my feet stink’

It appears Shaquille O'Neal is willing to go all the way out to pamper his…

1 day ago

U.S. Army Major found guilty of smuggling guns to Ghana in rice barrels

A U.S. Army Major faces up to 240 months in prison after he was found…

1 day ago

Brittney Griner reveals she contemplated suicide while in Russian jail: ‘I felt like leaving here so badly’

In her first interview about her conviction in Russia on drug smuggling charges, WNBA star…

1 day ago