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 At the Information Literacy Summit, Alejo Torres from the Federal Reserve spoke about Smart Money Week, a program that the Reserve and many colleges, libraries, schools and financial institutions have teamed up to do since 2002 to promote financial literacy. This year’s Smart Money Week will take place April 18-25, 2009 in the Chicago area and will feature a number of free seminars and activities to encourage people to manage their money responsibily. Torres is trying to promote this to colleges and colleges libraries because according to their studies, more students drop out of college because of finances than because of academic problems.

According to Torres, the benefits of the program are:

– promoting financial stability for citizens
– consumer empowerment
– no costs involved
– free publicity
– events must be free and open to the public, NO sales pitches
– however, you can have closed events for students

This is something we might consider for programming next year. If we contact Torres, he will help us arrange free speakers and activities geared toward college students.

more about “Smart Money Week“, posted with vodpod