Washington State Department of Financial Institutions

News Release

Thursday, March 31, 2011

Contact

Lyn Peters, Director of Communications
PH (360) 902-8731 lyn.peters@dfi.wa.gov

Jeremy Lushene, Webmaster, Financial Education & Outreach
PH (360) 902-0506 jeremy.lushene@dfi.wa.gov

FOR IMMEDIATE RELEASE:


Financial Literacy Month Begins April 1, Financial Workshops Offered To Help Washington Residents Be More Financially Fit

State agencies, non-profits and private industry are focused on increasing financial literacy this month with community events, classes and financial education workshops throughout the state

OLYMPIA – Recognizing the importance for all of our state’s residents to have an in-depth and well-rounded financial education, the Washington State Department of Financial Institutions (DFI) is a proud supporter of Washington’s Financial Literacy Month, as proclaimed by Governor Chris Gregoire.

What today is a full month focusing on financial education began as Financial Literacy Day, part of the National Endowment for Financial Education’s high school financial planning program. The Jump$tart Coalition for Personal Financial Literacy (a partnership of national organizations sharing an interest in advancing financial literacy among K-12 students) adopted the day, expanding it into a full month of financial education promotion recognized by the President of the United States, Congress and most state governors. Washington has long been a supporter of Financial Literacy Month, with the amount of outreach, number of workshops and participating partners ever increasing.

Statistics from the Jump$tart Coalition’s 2010 “Making the Case for Financial Literacy” emphasize the need for more financial education – for youth and adults:

"Plain and simple, a lot of people don’t know what they don’t know until they make the commitment to assess their financial lives, talk about their finances openly as a family and start working to improve their financial fitness," DFI Director of Communications, Financial Education and Outreach Lyn Peters notes. "I believe information is power and the power should be in the hands of the people. That’s what Financial Literacy Month is all about – empowering people."

This year, Washington’s financial education events calendar (http://dfi.wa.gov/financial-education/calendar.htm) is filling up fast. A few highlights include:

If your organization is offering free financial education workshops in your community, let us help you get the word out – submit your events to the Washington Financial Education Clearinghouse Calendar at http://dfi.wa.gov/financial-education/submit.htm.


About DFI
www.dfi.wa.gov ▪ 360.902-8700 ▪ 877.746-4334
The Washington State Department of Financial Institutions regulates a variety of financial service providers such as banks, credit unions, mortgage brokers, consumer loan companies, payday lenders and securities brokers and dealers. The department also works to improve financial education throughout Washington through its outreach programs and online clearinghouse www.dfi.wa.gov/financial-education. In addition to posting information about licensees and administrative actions, DFI uses the Web and social media to provide financial education information: http://www.twitter.com/FinEd4All, www.twitter.com/DFIConsumers, www.finlit.blogspot.com, www.youtube.com/user/WADFI, www.homeownership.wa.gov.

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