“Parents believe the top three areas of money management where their children need to improve are: how to stick to a budget and live within their means (48%), how to save money (42%), and how to invest wisely (33%).”
Charles Schwab’s 2010 Families & Money Survey Show Strong Financial Ties between the Sandwich Generation and Their Young Adult Kids
Understanding the need for financial education, Governor Jay Inslee proclaimed April 20-27 Money Smart Week® in Washington (http://dfi.wa.gov/financial-education/pdf/msw-proclamation-2013.pdf. This will be Washington’s Fourth Annual Money Smart Week®.
“While Washington continues to be a leader in promoting financial education, more is needed,” Jump$tart Washington Coalition President Amy O’Donnell said. “Jump$tart partners are working together to make sure Washington residents can readily access the education and information they need to be more Money Smart.”
Jump$tart Washington is coordinating with partners like DFI and community leaders throughout the state to promote financial education during Money Smart Week®. In addition to educating consumers about money management and generating awareness of financial education available on a wide range of topic, Washington elementary students will receive financial education lessons during the Fourth Annual Financial Literacy Reading Days. Representatives from local community groups, financial institutions, not-for-profit organizations, businesses, schools, libraries, government agencies and media outlets will conduct classes, seminars and other activities. Details on Washington activities can be found by clicking on Washington State athttp://www.moneysmartweek.org/attend_an_event.
Money Smart Week® began in 2002 as a coordinated effort of more than 40 Chicago-area organizations working together to promote personal financial literacy. Washington was the first West Coast state to participate, with its first Money Smart Week® in 2010.
For more information about events slated for Money Smart Week® Washington or to take part, please visithttps://chicagofed.org/applications/msw_calendar/public.htm?campaign=14