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CFO Sink Encourages Floridians to Take Part in Florida Saves Week


CONTACT: Kyra Jennings or Nina Banister, (850) 413-2842
TALLAHASSEE—Florida CFO Alex Sink is encouraging Floridians to learn more about the importance of saving and preparing financially for the future during  Florida Saves Week.  CFO Sink’s Department of Financial Services is hosting or participating in more than 20 events during the week, taking place today through Saturday, February 28, 2010.  CFO Sink, Governor Charlie Crist and other members of the Florida Cabinet last week signed a proclamation (attached) designating this week Florida Saves Week.
“As our state continues to face tough economic times, it is more important that ever for Floridians to learn smart money management and take control of their families’ finances,” said CFO Sink.  “Florida Saves Week should serve as a reminder to all Floridians about the need for a long-term plan to ensure a stronger and more secure financial future.”
Studies show that most Americans do not have adequate savings for emergencies let alone retirement, and that 72 percent of Americans would find it difficult to meet current expenses if their paycheck were delayed a week. 
Florida Saves Week events will be hosted by CFO Sink’s Department of Financial Services, the University of Florida Extension Service, local Saves campaigns, and the Financial Literacy Council, which CFO Sink oversees. Topics will include the use of credit cards, identity theft, hurricane preparedness, small business security, life insurance, financial fraud, and first-time homebuyer workshops. A schedule of events occurring through Florida is available at: