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Fed Launches Financial Education Campaign


WASHINGTON, May 23, 2003 Beginning this month, Federal Reserve Chairman Alan Greenspan will be featured in a financial education public service announcement to be aired by major television and radio networks. His message: "No matter who you are, making informed decisions about what to do with your money will help build a more stable financial future for you and your family."



The public service campaign is a broad initiative throughout the Federal Reserve System to provide consumers with more resources for making smart financial decisions. The initiative builds upon existing efforts with the introduction of public service messages, a new brochure, enhancements to the System's financial education Web site, and the announcement of upcoming System-sponsored programs and events.
 
"We believe that this is a particularly good time to promote financial education because of the widespread availability of high-quality curricula, programs and training opportunities for consumers of all ages and backgrounds," said Federal Reserve Board Governor Edward M. Gramlich. "Our hope is to encourage consumers to take advantage of the programs available in their communities, schools and on the Web."
 
The Federal Reserve education Web site -- www.FederalReserveEducation.org -- is also being enhanced with links to additional educational resources including a brochure filled with tips for taking charge of personal finances. The brochure, "There's a Lot to Learn About Money," contains information on setting financial goals, budgeting, and using credit wisely. It is available online in English and Spanish.

2003 SmartPros Ltd. All rights reserved.

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