Chicago financial literacy forum

Program is sponsored by MoneyWi$e, a joint financial education project of Consumer Action and Capital One

In early May, Consumer Action and its MoneyWi$e financial literacy partner Capital One held a financial training in Chicago, IL designed to teach local community groups how to talk to their clients about money and financial management.  The MoneyWi$e materials created by Consumer Action were used to teach fundamentals of basic banking, budgeting, credit, bankruptcy and talking to teens about money. The event was attended by more than 60 Midwest non-profit community groups.

Below: Seminar attendees came from four states and beyond to learn about the MoneyWiSe financial education materials created by Consumer Action with funding from Capital One, the large credit card issuer.

Featured speakers for the event included Elizabeth L. Handlin from the Federal Reserve Bank of Chicago, who discussed Money $mart Week, a local event designed to promote financial education programs.  Rolando Berrelez of the Federal Trade Commission gave a popular session on how to avoid identity theft. Lance Raphael, Esq. of the Consumer Advocacy Center, P.C, a consumer attorney, had to stay for lunch in order to answer all the questions from attendees following his session on consumer rights. On the second day, a panel of non-profit representatives who have received funding from Consumer Action to teach the MoneyWi$e program shared their best practices for achieving financial literacy in diverse communities.