The committee is charged with developing strategies to improve financial literacy and is composed of leaders in financial education and asset building in the private and non-profit sector.
At its first meeting in October 2013, the committee recognized that while there were many organizations that provide financial education services and resources, the consumers who would benefit greatly from these services were unaware of the resources available. The committee decided to raise public awareness about the financial education organizations and resources available in their communities.
To help promote MYMW, the committee is recruiting state and local government agencies, non-profit organizations, schools, libraries, financial institutions, and financial management associations that provide money management educational services. These MYMW partners will help promote the importance of educating Californians about managing their money and serve constituencies that need personal finance education and services.
MYMW is designed to:
Promote the importance of building the capacity of all Californians to make good financial decisions to achieve their goals;
Connect consumers to money management resources in their communities;
Build relationships between organizations that provide money management resources with other organizations whose constituents need the support; and
Provide a framework for state, regional and local financial education groups to highlight their programs and services.
During MYMW, state and local government agencies, non-profit organizations, unions, schools, libraries, financial institutions, and financial management associations will be working together in communities throughout California to host free money management education events covering all facets of personal finance from opening a checking account and managing a budget, to credit counseling, first-time home buying, planning for retirement, avoiding financial scams, and starting a business.
The committee is looking for MYMW partners that can:
Provide free educational materials, instructors, or seminars for consumers, with information and materials tailored to the population being served;
Host or facilitate a free money management educational event in appropriate languages for the communities being served;
Invite constituents to participate in events and provide appropriate language support services;
Provide resources to support partner activities and promote MYMW events at the local, regional, or state level; and
Assist in the promotion of Manage Your Money Week.
To learn more about MYMW, participate as a partner
, connect with other partners or attend any events visit the MYMW
website or email MYWM@sco.ca.gov