New Financial Training Program Designed to Assist Adults in Personal Money Management
Today, Creek County Literacy Program announced the launch of a community education program designed to increase adults’ understanding and confidence in personal money management. This six week course aims to educate adults about finances on a basic level. It includes information on Identity Theft, Managing Your Money: increasing income and reducing expenses, Managing Your Money Utilizing Cash, Checking and Savings Accounts, Obtaining and Managing Credit and Household Insurance.
The program will be presented in a group setting and is designed to assist attendees in developing their own personal financial plan. Sessions will include; handouts, an introduction to complimentary technology, shopping activities, a cooking demonstration, group brainstorming and outside speakers. Attendees will, by the end of the program, have created their own easy, practical financial plan to improve their financial future.
This Training Program will be held at the Library Annex, 15 North Poplar Street in Sapulpa on Tuesdays beginning May 6th through June 10th from 5:30pm – 7:00pm. The program is free of charge and refreshments will be served at all sessions. Childcare will be provided.
“We are very excited to host this program,” shared Melissa Struttmann, Executive Director the Creek County Literacy Program. “The Presenter is a retired Finance Director of a non-profit agency, Consultant to non-profit agencies in the area of Finance and Human Resources and a former ADSAC Facilitator certified by the State of Oklahoma. She’s developed a custom Financial Training Program for Creek County Literacy Program for which we have seen a real need.”
The National Center for Family Literacy reports that low family income and a mother’s lack of education are the two biggest risk factors that hamper a child’s early learning and development. Of Oklahoma children, according to the National Center for Children in Poverty, 49% live in a low-income family. 84% live in low-income families with parents who do not have a high school degree. 46% live in low-income families with a single parent. 18% live in low-income families who do not have an employed parent.
Adults with a bachelor’s degree earn an average of $48,485 a year, while those with a high school diploma earn $27,281, and those without a high school diploma average $19,492.
17% of adults in Creek County 18 years or older do not have a high school diploma, and 4% of adults in Creek County 18 years or older do not have a 9th grade education. Statewide, more than 400,000 Oklahoma adults are functionally illiterate. For more information and to register, call 918-224-9647.