8. August 2012 09:41
Jump$tart Washington is hosting two days of training this summer. Like last year, they will provide updates on state and national efforts, a best practices panel, train the trainer sessions (including FDIC materials, identity theft and Money Smart Week youth programs) and opportunity for networking. The sessions are scheduled for:
· August 21 in Federal Way: http://jumpstartwafedwaytrg.eventbrite.com/
· August 23 in Spokane: http://jumpstartwaspokanetrg.eventbrite.com/
It's a great opportunity to learn more about what resources are out there and network with other community financial educators.
27. April 2012 07:36
Leadership is one of the words we hear tossed around quite often in the work world. There are often different takes on what it means, the pros and cons of the various styles, and how to encourage people to develop these skills. In discussions on leadership, we rarely hear anyone complain about an abundance of leadership. Fortunately, there are many CPAs looking at ways to fill those gaps and are seeking education on how to take those next steps.
Recognizing this need, the WSCPA created the Emerging Leaders Conference. It’s designed to give CPAs new tools and build on the leadership skills they have. This year’s lineup includes sessions on talking about finances to non-financial professionals, communicating across the generations, how to be a business developer, and maintaining your health with a busy career.
Think this might be a fit for you? Click here to learn more: http://www.elcwscpa.com/
27. April 2012 07:03
April is Financial Literacy Month and it is capped with Money Smart Week Washington (April 21-28). It’s been a busy month for Washington. Here are just a few highlights:
Washington continues to be a leader in the financial education world. Our partners, community volunteers, and financial institutions are making progress in increasing the level of financial literacy in our state. Much of it is done with non-commercial materials and with a local flavor. Money Smart Week is just one week that highlights those efforts but I think we can keep this going year round. Are you up for the challenge?
7. March 2012 04:58
March 4-10 is National Consumer Protection Week. The Federal Trade Commission released their annual list of top consumer complaints. For the twelfth year in a row identity theft has been the number one complaint. Identity theft connected healthcare and children has been on the rise. Another one that is increasing and comes to light this time of year is tax related ID theft. People are filing their taxes and getting letters from the IRS stating they already have a return on file. Getting a letter from the IRS never seems like a good thing. Working through this is a headache but there is special unit at the IRS that can help. To learn more, visit: http://www.ftc.gov/bcp/edu/microsites/onguard/articles/taxrelatedidtheft.shtml
Being a savvy consumer also includes being aware of the signs of fraud and scams, getting the best deal for your hard earned money, and raising the next generation to do the same. Visit the National Consumer Protection week website for additional tips.
5. March 2012 04:51
The Treasury Department is working on getting that answer with the annual National Financial Capability Challenge (March 12- April 13). The challenge is an awards program designed to increase the financial knowledge and capability of high school aged youth across the United States. It incentivizes educators to teach the basics of personal finance to their students by rewarding students, educators, schools, and states for their participation and their successes. Educators and top-scoring students receive award certificates, and schools and states with the highest participation rates earn special distinction.
Do you know a teacher who might be interested? Pass along the link: http://www.challenge.treas.gov/
A toolkit is provided to assist educators with preparing students. The resources are helpful for volunteer financial educators as well so you may want to check it out yourself.
18. January 2012 11:38
Every year in December we see the articles on New Year’s resolutions. We are provided with tips on how to be thinner, happier and richer. There is nothing wrong with setting some goals but let’s face it more often than not New Year’s resolutions don’t stick. It may be that your diet was way too aggressive or you are worn out from your new workout regimen. When it comes to finances, applying the marathon mentality can help you reach your goals and avoid failed resolutions.
Adopting this view will also help you avoid scams .People may feel that they are not making progress on their goals and it can make them vulnerable to scams. Kiplinger’s highlighted common scams that are connected to this time of year such as debt relief and credit cards. To see the whole list, click here.
To help you with the long haul, the AICPA’s 360 Degrees of Financial Literacy has some suggestions on resolutions for 2012 and debt payoff strategies. We’ll continue to post more helpful resources throughout the year.
29. November 2011 11:01
More than half of all enlisted service members experience some type of financial difficulty. This results in $172 million annually in lost productivity and affects operational readiness. The financial impact of deployment includes loss of income, moves, absence from job, shift of financial responsibilities and increased use of credit cards.
Angela Traina of Army OneSource will discuss ways you can support service members and their families with their financial situation today. The presentation will be from the comforts of your office/home. It will be via WebEx. Once confirmation is set you will be sent the link and code to log on to the WebEx; so grab a cup of coffee and be ready to hear the ways you can support our service members.
To join us, register by clicking here.
23. November 2011 05:45
It’s that time of the year when the holiday shopping season is about to kick into high gear. Every year the retail giants up the ante by seeing who can open earlier than the others on Black Friday. I read that several retail giants will be opening on Thanksgiving evening or right at midnight. Night owls can now join what used to be the territory for early birds.
Personally, this is not my thing. I am too fond of sleeping and prefer to wait for Cyber Monday, but for those of you who participate, I would encourage you to do your homework. Arm yourself with research so you know what is a good deal, prepare a list and stick to it.
Whether you are a Black Friday shopper or not, check out these tips from Herb Wisebaum and the links at the bottom of the article.
3. November 2011 09:24
When we think of financial education, football is not always the first thing to come to mind. On Tuesday, Jump$tart Washington, the State Treasurer, VISA and Seahawks Quarterback Tarvaris Jackson came together at Rainier Beach High School in Seattle to talk to kids about the importance of managing your money. Treasurer McIntire and Mr. Jackson both spoke about their experiences with money and how managing your finances is key to having a better future. The Seahawks Quarterback placed special importance on planning for your future, sticking to a budget and having a plan for when your money is tight. He talked about NFL players he knew that struggled financially in the off season because they did not set up a budget. He also mentioned how short the career of a NFL player is and how that makes it even more important to be smart about your money and live within your means.
The students had an opportunity to play VISA’s Financial Football. They were divided into to two teams. One was coached by the Treasurer and the other by the Seahawks Quarterback. The kids had a great time. As an observer, it was hard to not steer the kids to the right answers but it was great to watch them try to reason out the answers. The students had so much fun that they asked for a second game. The Seahawks lost in both games but the kids walked away with new information to help them aim for the winning touchdown.
Check out this article from the Seattle Times to see what the students and the Seahawks QB had to say about the event: http://seattletimes.nwsource.com/html/localnews/2016665394_financialfootball02m.html
Are you interested in trying the game? Test your skills at: http://www.practicalmoneyskills.com/games/trainingcamp/
21. September 2011 07:01
There was a recent report highlighting the increase in student loan default rates to 8.8% from 7%. The rates rose across all sectors-- public, private and for-profit schools. The higher rates are a reflection of harder economic times, especially for new college graduates. A PNC Financial Services Group survey of 20 somethings found:
Only 23% consider themselves financially independent
30% have a job in their chosen field
40% relay on two or more sources of income (multiple jobs or income from family members)
With the low employment prospects and high debt load, it is easy to see why many 20 somethings are feeling pessimistic about their futures. Most of us are not in the position to change the economic outlook but we can share information to help this generation and the one following it make smart financial decisions. Talking to the students who are preparing to enter college about their school choices, financing options and ways to reduce the cost of a college education is always helpful. For the recent graduates, making them aware of the repayment options for student loans and creating strategies for reducing debt are other helpful steps.
Are you a member of the WSCPA? WSCPA members have access to resources to assist members with making presentations to high school students and college students. Contact firstname.lastname@example.org for more information.