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CFO Sink Designates Florida Saves Week, Feb. 24th – Mar. 2nd

2/26/2008

CONTACT:  Kevin Cate or Brannon Jordan
(850) 413-2842  

TALLAHASSEE — Today, at a meeting of the Florida Cabinet, Florida Chief Financial Officer Alex Sink announced a resolution designating February 24 – March 2, 2008, as “Florida Saves” Week.  “Florida Saves” Week, a part of the national “America Saves” campaign, aims to help Floridians better learn how to manage their money by stressing the importance of saving money and building wealth.
 
“During this volatile economic climate, financial literacy education is essential,” said CFO Sink.  “Too many Floridians are living paycheck-to-paycheck, not saving for a rainy day and living above their means.  This week and throughout the year, my office is working to educate Floridians how to better manage their money and plan for a more financially secure future.”
 
Representatives from CFO Sink’s office are partnering with University of Florida Extension offices, local Saves campaigns and the Financial Literacy Council to host financial literacy events across the state.  The Department of Financial Services, Division of Consumer Services will hold events on topics ranging from investor education to finding money to save.  Consumers interested in participating in Florida Saves activities should visit our Web site at www.myfloridamoney.com/FLSaves.htm  and contact their local Consumer Services office for more information.  
 
CFO Sink is a strong proponent of financial literacy.  Through outreach coordinators, DFS aggressively reaches out to local communities to educate consumers on topics such as the wise use of credit cards for teens, credit card identity theft, hurricane preparedness, small business security, life insurance and first-time homebuyer workshops.  Last year alone, the department conducted over 2,680 outreach events around the state.
 
For more information on “America Saves” please visit http://www.americasaves.org/.
 
As a statewide elected officer of the Florida Cabinet, Chief Financial Officer Alex Sink oversees the Department of Financial Services, a multi-division state agency responsible for management of state funds and unclaimed property, assisting consumers who request information and help related to financial services, and investigating financial fraud. CFO Sink also serves as the State Fire Marshal.