CFO Jeff Atwater Sponsors Resolution Recognizing National Thrift Week
Contact: Alexis Lambert
TALLAHASSEE—Florida Chief Financial Officer Jeff Atwater has sponsored a resolution recognizing Jan. 17 - 23, 2012, as “Florida Thrift Week,” encouraging all Floridians to learn and implement the values of thrift and saving as steps toward long-term financial success.
“We must set aside the myth that thrift is defined by a tight-fisted existence. The root of the word is ‘to thrive,’ which is what results from disciplined financial planning,” said CFO Atwater. “Thrift and saving was once a vibrant American tradition, and getting back to this practice is the antidote to the high levels of debt and the economic uncertainty facing our nation.”
The thrift educational movement began in 1916 as the nation faced the reality of World War I. American civic leaders wanted to arm its citizens for a wartime economy. “National Thrift Week” was introduced and became an annual celebration that began each year on January 17th in honor of the birthday of Benjamin Franklin, America’s foremost thrift advocate. This celebration week dropped off in the 1960s, but the John Templeton Foundation recently launched a national campaign for the celebration to return.
The James Madison Institute (JMI), a Florida-based research and educational organization with the mission of keeping Floridians informed about their government, is celebrating National Thrift Week with the focus on teaching our youth about the value of thrift. JMI and newspapers throughout the state have partnered to distribute a supplemental curriculum, All About the Benjamins: Understanding the Value of Thrift, to high school students. This practical publication shares success stories of people who have faithfully practiced simple acts of thrift and as a result are living their dreams.
The resolution, signed by Governor Rick Scott and the Florida Cabinet, along with additional information regarding thrift and savings can be found at www.MyFloridaCFO.com/YMM
Chief Financial Officer Jeff Atwater, a statewide elected official and officer of the Florida Cabinet, oversees the Department of Financial Services. CFO Atwater’s priorities include fighting financial fraud, abuse and waste in government, reducing government spending and regulatory burdens that chase away businesses, and providing transparency and accountability in spending.