CFO Alex Sink's Consumer eViews Newsletter

                   Volume 5  Number 38  September 19, 2008

CONSUMER SERVICES HELPLINE 877-MY-FL-CFO


 

 
Left to right: AG Bill MCollum, Gov. Charlie Crist, CFO Alex Sink, Agric. Comm. Charlie Bronson, Paul Auslander, Allen Arntzen, Matthew McGrath, Michael Zmistowski, Claudia Sachs, Kevin Berkowitz
CFO ALEX SINK RECOGNIZES 'FINANCIAL PLANNING WEEK'

At Tuesday's meeting of the Florida Cabinet, Florida Chief Financial Officer Alex Sink designated the week of October 6 through 12, 2008, as “Financial Planning Week.”

CFO Sink’s resolution, also recognizing the Financial Planning Association of Florida, designates “Financial Planning Week” as a time to remind Florida’s citizens of the importance of financial planning to assist in making prudent financial decisions to achieve their goals and dreams.

“During this volatile economic climate, it is essential that Floridians plan financially as much as possible,” said CFO Sink, who oversees the Department of Financial Services (DFS). “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 on making better financial decisions and planning for a more financially secure future.”

“Financial Planning Week” will focus on educating Floridians about important financial issues such as the importance of financial planning, including tax, estate, investment, risk and retirement planning. Citizens will be given the tools necessary to increase their financial literacy and learn to apply the financial planning process to their personal situations. The financial planning process provides a template for assessing, evaluating, and achieving financial objectives through personal goal setting, budgeting, making smart financial decisions and monitoring results.

CFO Sink is a strong proponent of financial literacy. Through outreach coordinators, DFS has reached 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.

The Financial Planning Association of Florida is the membership organization for the financial planning community, representing 1,700 members dedicated to supporting the financial planning process as a way to help Floridians achieve their financial goals.

R E S O L U T I O N

WHEREAS, the Financial Planning Association of Florida is the membership organization for the financial planning community, representing 1,700 members dedicated to supporting the financial planning process as a way to help Floridians achieve their goals and dreams; and

WHEREAS, by becoming aware of the value of financial planning, including tax, estate, investment, risk and retirement planning, citizens will have the tools necessary to increase their financial literacy and learn to apply the financial planning process to their personal situations; and

WHEREAS, the financial planning process provides a template for assessing, evaluating and achieving financial objectives through personal goal setting, budgeting, making smart financial decisions and monitoring results; and

WHEREAS, the financial planning process empowers individuals to achieve their dreams, manage realistic financial goals and negotiate the financial barriers that arise at every stage of life; and

WHEREAS, the State of Florida, through the Legislature and the Department of Financial Services, have created a Financial Literacy Council designed to study the financial barriers for Floridians of all ages and encourages prudent financial planning as a means to overcome these barriers.

NOW, THEREFORE, BE IT RESOLVED that the Governor and Cabinet of the State of Florida do hereby recognize October 6 through 12, 2008, as

FINANCIAL PLANNING WEEK

in the State of Florida and remind her citizens of the importance of financial planning to assist in making prudent financial decisions to achieve their goals and dreams.

IN TESTIMONY WHEREOF the Governor and Cabinet of the State of Florida have hereunto subscribed their names and have caused the Official Seal of the State of Florida to be hereunto affixed in the City of Tallahassee on this 16th day of September, 2008.