Financial Literacy
Program Goals:
1. Develop a community based Financial Literacy Coalition to promote financial literacy for all families and youth in the community
2. Train direct service providers to provide financial information to their clients including Volunteer Income Tax Assistance
3. Work with schools to introduce money management concepts starting in the elementary schools
Eligibility All community members
Citizens Bank has committed funding to develop a community based program that will provide financial information and budgeting strategies for low-income families. The program will help connect families to financial institutions to encourage asset building. The program will provide programs to schools to introduce money management at an early age.
The Financial Literacy Coalition also sponsors a Volunteer Income Tax Assistance program (VITA) in Berlin/Gorham that encourages low income families to file for free, on-line, with assistance from trained volunteers. This program also encourages participants to apply for the Earned Income Tax Credit (EITC) and other tax subsidies for which they may be eligible.
Fee None
For more information on Financial Literacy please contact Judy Woodward, Program Coordinator, at 466-5190 ext. 320 or email judy.woodward@frcberlin-gorham.org.
"You can do it!" - "It's a habit!" saving with Sammy the Rabbit was presented at local elementary schools. Sam X. Renick pictured above explained how "Saving is a great habit" to students at Brown, Bartlett and Ed Fenn. The presentation was funded by donations from Citizens Bank, Laconia Savings, Northway Bank and school administrators. Pictured above is Judy Woodward, FRC Financial Literacy Coordinator, Sammy The Rabbit and Sam X. Renick.
Saving strategies - click for article on investment tips for kids
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