April 2-9 is Money Smart Week and last Friday I attended the Breakfast Kickoff in Michigan. An awesome event designed to provide an update on the current state of financial literacy, consumer confidence, economy, etc. locally and nationally. The experts were well chosen, an economist, a real estate president, university professor and banking CEO. All moderated by Susan Tompor, personal finance editor at the Detroit Free Press, who gave a great commentary on the 'latte' factor'.
As we all converged on the Detroit Branch of the Federal Reserve of Chicago, the panelists shared what they 'saw' in connecting with consumers, students and corporations alike. It is always refreshing to hear the view of people who are 'in the trenches' so to speak, outside of the news bites we hear on television.
One suggestion that is near and dear to my heart, was making financial literacy mandatory in our schools and starting as early as possible. I couldn't agree more. It is offered in some of our schools, but the students don't have to take it, which is a tragedy in my view. This leaves many of our youth unprepared to handle their finances in the 'real world'.. thus creating a cycle of debt and mismanagement that they are cleaning up possibly well into their 40's.
I won't get on my soap box but I want YOU to get involved. That's right! There are several events around YOUR CITY for Money Smart Week. Take your family, friends & children - there is something for everyone and it's all...
FREE! This
link is a guide to all the events in Metro Detroit, but you can search for events in your city as well.
ps. Thanks to
Michigan Jump$tart Coalition for hosting and coordinating the kickoff breakfast and so many other informative events that increase the financial literacy of our region!
Here's to YOUR Financial Future!
-Dorethia