Financially CLEAN Attends Financial Literacy & Education Commission Meeting at the Treasury

It is a good day for financial literacy with Treasurer Jovita Carranza spearheading the re-energizing and re-strategizing of financial education in this country through the initiatives of the Financial Literacy Education Committee (FLEC). The FLEC is a group of government agencies, non-profits and private companies that are working together to synergize their financial literacy efforts.

 Dionne Nicholls, Program Director for Financially CLEAN and Treasurer Jovita Carranza at the FLEC Meeting December 16th, 2017

Dionne Nicholls, Program Director for Financially CLEAN and Treasurer Jovita Carranza at the FLEC Meeting December 16th, 2017

James Brown, Director of Microeconomic Analysis, Office of Economic Policy, US Department of the Treasury presented some very sobering statistics.

"The vulnerable older population is women."  --James Brown
Women Vulnerable.jpg

Stats

"The vulnerable older population is women."  --James Brown

Young adults are also a key focus, especially where student loan debt is concerned.

"$4.6 million in student load debt is in default."  --James Brown

Financially CLEAN is looking forward to seeing the wheels of change turn so more people, especially young people, start making more informed decisions in the reduction of debt, building of wealth and a secure retirement.