Mayor Greg Fischer Newsroom
Mayor Hosts Dollar Wi$e Workshops
Tuesday September 19, 2006
Program Highlights Asset-Building Opportunities
Mayor Jerry Abramson today announced Louisville is hosting a series of workshops for children and adults to help boost financial literacy and increase asset building. The events will also bring attention to services and programs that are offered to residents throughout the year.
The Louisville events will focus on teaching children the importance of saving and budgeting. Children will also learn the basics of commerce, investing and personal finance. Workshops for adults will concentrate on saving money for college and providing information about home ownership.
The effort is part of the U.S. Conference of Mayor’s Dollar Wi$e campaign, which encourages people to take advantage of programs in communities across the country that provide information about asset building, banking, and budgeting.
“I am pleased we’re focusing many of our efforts on children, because it’s imperative our young people learn the ins and outs of financial choices at an early age,” said Abramson. “The choices we make as adults can mean the difference between financial stability and crisis.”
The city is highlighting several events organized by its public and private partners that will take place during the week of September 25 - 29, 2006.
Monday, September 25
- Louisville Asset Building Summit – 8:30 a.m. to 12 noon, Metro United Way Community Room, 334 East Broadway. Leaders of local agencies that create asset-building opportunities for residents will meet to discuss strategies for synergies and collaboration. They will also create a community-wide asset building resource guide that can be utilized by residents.
- Teach Children to Save Day – 1:40 p.m., Byck Elementary School, 2328 Cedar Street. Mayor Jerry Abramson will teach first grade students about the importance of saving. Abramson will also read a fun book about finances to the children. The workshop is organized by the Federal Reserve Bank of St. Louis – Louisville Branch and the Kentucky Bankers Association. It will be taught at 11 other elementary schools later in the week. Each class participating in the program will receive a $50 savings bond from local participating banks.
Tuesday, September 26
- “Yes You Can Own a Home” – 11 a.m. – 4 p.m., Churchill Downs near the Gate 5 entrance. The Housing Partnership is organizing two workshops for Churchill Downs employees about preparing and managing finances for home ownership. One workshop will be taught in Spanish and another in English. For more information, contact Susie Winters with the Housing Partnership at (502) 814-2705 or Swinters@housingpartnershipinc.org.
- Financial Literacy Curriculum – Citi Cards, through the Citigroup office of financial education, is providing free financial literacy curriculum to local teachers and facilitators. The packets can be printed or downloaded by logging on to www.citigroup.com/citigroup/financialeducation/index.htm. For more information, contact Francesa Curry at (502) 522-3822.
Wednesday, September 27
- Teach Children to Save Day – 12:30. The Federal Reserve Bank of St. Louis – Louisville Branch and the Kentucky Bankers Association, are hosting workshops about saving money at 11 Louisville elementary schools. First grade students at Coral Ridge, Okolona, Hazelwood, Semple, Price, Whitney Young, Cane Run, Mill Creek, Layne, Slaughter and Watson Lane elementary schools will learn the basics about finances. Each class participating in the workshop will receive a $50 savings bond from local participating banks.
- “Why Does Education Mean More Dollars in Your Pocket?” – 5:30 p.m., Louisville Free Public Library, Centennial Room, 301 York Street. The Kentuckiana College Access Center will host a 30-minute workshop about the free services it offers to students about planning and paying for higher education. Counselors will also explain why pursuing a college education increases earning power exponentially over person’s lifetime. The workshop is part of the Go Higher Kentucky! campaign. For more information, contact Scott Kochenrath at (812) 949-4254 or firstname.lastname@example.org.
- Student Resource Fair – 10 a.m. – 4 p.m., Jefferson Community and Technical College, courtyard, 109 East Broadway. JCTC will host its annual Student Resource Fair, which provides information about the resources available through the college and in the community to assist students in reaching their educational goals. For more information, contact Rhonda Gummer at 213-2182.
Thursday, September 28
- JA Exchange City – 9:30 a.m. – 2:30 p.m., Junior Achievement, 1401 West Muhammad Ali Boulevard. Instructors will provide information about budgeting and financial planning to local fourth and seventh grade students in Junior Achievement’s Sam Swope Exchange City and Chase Finance Park. Children will learn about commerce, investing and personal finance. All JCPS students in fourth grade will complete the curriculum in Exchange City and all seventh grade students will participate in the Chase Finance Park program. For more information, contact Debra Hoffer at (502) 569-9210.
Friday, September 29
- Citi LIFE Workshops – 1 p.m. – 3 p.m., Field Elementary, 120 Sacred Heart Lane. The program, offered by the Citigroup Foundation and created by the Kentucky Council on Economic Education, is taught by employees from Citi Cards, Primerica, CitiFinancial and Smith Barney. The employees teach the economic education classes to fourth grade students in Kentucky, Ohio and Indiana. For more information about the Louisville Citi LIFE Workshop at Field Elementary, contact Francesca Curry at (502) 522-3822.
The Louisville Urban League hosts a variety of home ownership workshops throughout the year. For more information about dates, times and locations, call (502) 561-6830.
The Louisville Asset Building Coalition will also launch a pilot project, “Louisville Saves”, later this fall. LABC and Louisville Metro Government will be working with local businesses to educate employees and residents about the importance of saving and building assets. For more information about “Louisville Saves”, contact Eric Seto at (502) 292-5479.