Free Personal Finance Classes Can Help You Avoid Expensive Mistakes

The American Financial Services Association (AFSA) Education Foundation has unveiled its updated MoneySKILL financial literacy program, which offers classes in English or Spanish. Tim Stanley, board chair of the foundation, says the goal of the free initiative is to teach participants ways to better manage their finances. The program covers a number of topics including using credit cards, preparing for retirement, and balancing checkbooks. “Informed, educated consumers — they’re better customers,” Stanley emphasizes. Approximately 850,000 students have taken the personal finance classes over the past ten years. “In Arizona, we are just scratching the surface,” Stanley says. “We have about 6,500 students that have used this in Arizona.”

KTAR (06/12/18)

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