Thursday, Jan. 30, 2014 (FARMERS BRANCH, Texas) – According to financial expert Jean Chatzky, half of Americans are living paycheck to paycheck, and that, she says, isn’t a good thing for the sustainability of the American Dream. Chatzky, who is headlining the Cornerstone Credit Union Foundation’s FOCUS Summit Feb. 6-7 in Dallas, shares her thoughts on the issue of financial literacy in an interview with the Cornerstone Credit Union League that is available on YouTube at http://goo.gl/kBK0lj.
“Financial literacy is huge problem,” Chatzky says. “Many people don’t understand or are never taught how to manage their money, and others simply aren't paying attention to what they are spending, and so they end up overspending.”
Achieving financial security, Chatzky says, is as simple as putting one foot in front of the other. To view Chatzky’s interview with Cornerstone, visit http://goo.gl/kBK0lj.
Author of eight books, Chatzky is well known for helping millions of people battle increasingly problematic debt. At the FOCUS Summit Feb. 6, Chatzky will focus her discussion on money – how to get it, how to keep it, how to invest it, and how to make peace with it.
The two-day FOCUS Summit addresses the financial literacy problem in our country, and is an opportunity for financial education advocates, school officials, community leaders, and credit union professionals to network, share best practices, learn about available resources, as well as explore proven techniques and strategies for deploying financial education into their local schools and communities.
In addition to Chatzky, the Feb. 6-7 summit, being held at the Doubletree Hotel Galleria, offers:
Best-practice panel-discussion with a local superintendent, principals, and teachers that will focus on how credit unions can enter schools, sustain the relationship, and remain relevant.
A Life Simulation, which is designed to help participants better understand the difficulties faced by families living in poverty.
An overview of financial education tools available to credit unions and educators, including the National Endowment for Financial Education High School Financial Planning Program, BizKid$, FamilyMint, Sammy the Savings Rabbit, Money Mammals, and more.
Financial education legislative update with Laura Ewing of the Texas Council on Economic Education.