- Here’s a great example of community members helping each other. Financial education program in Detroit, Michigan–Detriot 50k–aims to reach 50,000 metro Detroit residents through community and faith-based organizations.
- Back in 2009, Financial Finesse published their findings about a financial gap [PDF] between men and women. Now a new study by Insight Center for Community Economic Development finds a further widening gap in the United States, particularly in reference to women of color.
So what can be done? The study recommends a number of policy changes, but the Women’s Media Center has a number of recommendations of their own including a, “campaign to improve financial literacy and investment opportunities for women and girls.”
- On Monday Sen. Christopher Dodd (D., Conn.) unveiled a sweeping financial-regulation bill. The WSJ blog re-posted the fact sheet [you can read the full Bill here] that was created by the Senate Banking Committee. If the bill passes, it will create a new Office of Financial Literacy. While it wasn’t clear what this new Office will do, we at GetFF.org are hoping good things are to come.
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