Washington State Department of Financial Institutions

News Release

Monday, April 1, 2013

Contact

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

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

FOR IMMEDIATE RELEASE:


DFI Provides Information & Resources For Surviving Hard Times As Washington Residents Face Federal Sequestration Budget Cuts

DFI teams up once more with Washington Jump$tart Coalition for a week of Reading Days celebrating April being Financial Literacy Month and Money Smart WeekŪ April 20-27

OLYMPIA – The Washington State Department of Financial Institutions recognizes that many Washington residents are going to feel the impact of federal sequestration budget cuts. In an effort to assist residents facing these tougher financial times, a new resource page "Financial Help for Hard Times" http://dfi.wa.gov/financial-education/financial-hard-times.htm has been added to DFI’s Financial Education Clearinghouse http://dfi.wa.gov/financial-education/. The page collects resources - from budgeting and saving, credit and debt, to health care and mortgages, and has a special section on avoiding scams – into a single site.

Recognizing that Washington’s residents need to be able to access financial education information and resources to make sound financial decisions for themselves and their families, Governor Jay Inslee proclaimed April as Financial Literacy Month http://dfi.wa.gov/financial-education/pdf/fin-lit-month-2013.pdf and April 20-27, 2013 as Money Smart Week in Washington http://dfi.wa.gov/financial-education/pdf/msw-proclamation-2013.pdf.

"DFI supports the efforts of our many local, state and national partners working to increase and enhance financial education for all Washington residents," DFI Director Scott Jarvis said. "Our partnership with Jump$tart Washington helps us focus financial education in K-College classrooms and the Money Smart Week Reading Days focus even more closely, on elementary students."

"In addition to providing free online information and workshops in communities throughout Washington," Jarvis added, "we continue to seek additional collaborative partnerships to foster further implementation of financial education for all residents at every stage of life, from pre-K to assisted living."

For more information about DFI outreach, workshops, partners, programs and information, visit http://dfi.wa.gov/financial-education/ and follow our Twitter @DFIConsumers and @FinEd4All blog www.finlit.blogspot.com and Facebook page http://www.facebook.com/wadfi.


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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