Northern Illinois University will host or participate in 16 financial literacy events in DeKalb, Geneva, Naperville, Rockford and Sycamore during the Federal Reserve Bank’s Money Smart Week, scheduled from Saturday, April 20, through Saturday, April 27.
“This year’s Money Smart Week is an exciting chance for students to gain knowledge about financial literacy topics that they can immediately apply to their everyday lives, as well as topics that they can use after they graduate from NIU,” says Randi Napientek, assistant director of the NIU Office of Student Academic Success.
Presentation topics include identity theft, the implication of tax changes, budgeting, credit management, student financial aid, eating healthy on a budget, financial literacy for kids, saving for and paying for college, job transition and estate planning. A community shred day is also planned.
“The need for teaching young people critical decision making skills and economic reasoning has never been so evident. It is essential for the fiscal health of our state that our youth possess the ability to make informed and responsible decisions regarding finance, credit, and debt.” says Lori Berkes-Nelson, president and executive director of Econ Illinois, a not-for-profit unit within NIU’s Division of Outreach, Engagement and Information Technologies, which is the premier provider in Illinois of economic education programs for K-12 schools.
“Econ Illinois is pleased to work with other community partners in the provision of Money Smart Week sessions to provide the tools and resources to impact the lives of children.”
Money Smart Week is a public awareness campaign to promote financial literacy across all age groups.
Launched in 2002 by the Federal Reserve Bank of Chicago, the program is now active in more than 45 states through national partnerships with the American Library Association and the Financial Planning Association. New 2013 national partners are the Certified Financial Planner Board of Standards, Consumer Financial Protection Bureau and United States Department of Agriculture (USDA) Cooperative Extension.
More than 3,000 free, financial literacy programs are offered nationwide during Money Smart Week on topics ranging from budgeting to saving for college and retirement. Events are coordinated and hosted by partnering organizations including local banks, universities, government agencies, community groups and libraries.
Money Smart Week events are open to the public at businesses, financial institutions, schools, libraries, nonprofits and government agencies throughout the state of Illinois on topics including kids and money, unemployment, managing student debt and retirement.
For more information, call (815) 753-0356 or email [email protected].