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RSVP: Money Smart Week, Council on Financial Literacy meetings

 

Money Smart Week Wisconsin – the statewide, multi-partner initiative to teach citizens better money management the week of April 5-12, 2014– will see planning efforts begin in earnest November 20 as part of a kick-off meeting in Madison. The campaign offers credit unions a prime opportunity for outreach.

 

Money Smart Week teaches consumers better financial management and "just in time" financial skills on issues like home buying, financing a vehicle, paying for college, coping with a job loss, paying for long-term care, funding an education, and more. All lessons are purely informational and do not promote any products or services.

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The tentative agenda for the kick-off meeting, held at the Pyle Center on the UW Campus in Madison, includes:

 

  • 10 a.m. - Review of Money Smart Week success in 2013
  • 10:30 a.m. - Live Natinoal Chairs Meeting/Webinar
  • 11:15 a.m. - Questions
  • 11:30 a.m. - Complimentary luncheon courtesy of the Federal Reserve Bank of Chicago
  • Noon - Informal planning team report; discussion & book selection for Big Read promotion (send suggestions to Teresa Walker)

 

If you plan to attend, RSVP to Teresa Walker at the Wisconsin Office of Financial Literacy.

 

Also, following the luncehon there will be a Governor's Council on Financial Literacy meeting that is open to the public. The Council's website reported recently that 44% of Wisconsin school districts require a couse in personal financial literacy and shared the results of a survey (executive summary) that included details about how Wisconsin school districts are delivering financial education.

 

Money Smart Week has grown from nearly 2,800 partner organizations in Wisconsin offering more than 600 presentations benefiting upwards of 15,500 state citizens. It involves teaching and information sharing by a diverse coalition of community groups, financial institutions, government agencies, educational organizations, and financial experts


Events that your credit union plans for should be added directly to the event's single, coordinating website, which lets consumers search events by date, location and topic. The deadline for local events to be included in print materials is Feb. 5.

 

The 2014 event will see participation by more than a dozen states and clusters of individual events and activities in nearly forty states. National partnerships supporting the event include the American Library Association and the Financial Planners Association. The Federal Reserve Bank of Chicago, which began the Money Smart Week initiative as a local campaign in 2002, has provided ongoing support and resources to local and state coalitions.


A full 95% of learners  who participated in past observances said they found the presentations valuable and 92% would recommend a Money Smart class to a friend or family member.

 

Questions? Contact Chad Helminak at (608) 514-0080.

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