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Rotary Club Promotes New Youth Financial Literacy Campaign with Support of the NFEC in Bakersfield   By PRWEB

Bakersfield, CA (PRWEB) November 30, 2012

The Rotary Club of Bakersfield East and the Rotary Club of Bakersfield Twilight (http://www.youthfinancialliteracy.net) have developed a youth financial literacy course for underprivileged high school seniors and emancipated youth. The National Financial Educators Council providing the personal finance presentations and training the instructors through their Certified Financial Education Instructor teaching money management coursework.

The Youth Financial Literacy Program planning committee consists of three bank vice presidents, financial advisor with Edward Jones, credit consultant, and a retired Community College District Chancellor. The planning team members will be volunteering their time to teach the National Financial Educators Councils financial literacy curriculum. Classes start in mid-January 2013, and will run for seven weeks.

Financial literacy is a growing national problem, said planning team co-chair Jim Williams. He pointed out that in March of 2010 the Obama administration declared financial literacy is the next major crisis that will plague the economy in the future if we dont act now as a nation. Anselmo Moreno is the Founder and CEO of Innovative Credit Solutions, and he serves as the other planning team co-chair. He has consulted with hundreds of consumers regarding their personal credit reports. The one constant statement that continues to resonate in my office is that my advice and information should have been taught in high school, he said.