Go to ...

The Luther Register

news for our town

RSS Feed

May 24, 2017

Luther Library Offers Free Financial Kit

April is National Financial Literacy Month and to celebrate, the Oklahoma Jump$tart Coalition is observing Money Smart Week, April 22-29. Helping to promote financial education statewide, the Oklahoma Society of Certified Public Accountants (OSCPA) is offering free Financial Fitness Kits through public libraries, including the Luther Public Library, Tinker Federal Credit Union branches and online at www.KnowWhatCounts.org.

The 13th annual Money Smart Week (formerly Jump$tart Your Money Week) brings organizations, businesses and schools together to educate Oklahomans about important money issues. While Money Smart Week offers resources and classes across the state, the OSCPA’s free Financial Fitness Kits were created to help Oklahomans year-round with a variety of financial issues.

In the recent “2017 Assets & Opportunity Scorecard” by the Corporation for Enterprise Development (CFED), 22 percent of Oklahoma households are “underbanked,” meaning they use services such as non-bank money orders or check cashing services. Additionally, nearly half­—49.1 percent—of Oklahomans live in liquid asset poverty, meaning they have no liquid savings to cover basic expenses for three months if they experienced a sudden financial crisis.

The OSCPA’s free Financial Fitness Kits include sections on establishing a budget, understanding insurance, facing family issues, dealing with taxes, beginning investing, preparing for and overcoming a crisis and more. This is the 10th year the OSCPA has partnered with libraries across Oklahoma for kit distribution.

“The positive comments we receive from the librarians and the public encourage our members, CPAs, to continuously strive to make the OSCPA Financial Fitness Kit the best it can be,” said Amy Welch, OSCPA communications director. “We are grateful to the libraries that help us get this valuable information to Oklahomans across the state”

Kits can also be downloaded from www.KnowWhatCounts.org.

Have a thought? Please share. And thanks.

More Stories From Community

Profile photo of Luther Register

About Luther Register

Dawn Shelton and her family moved to rural Luther in 2010 after years of living near downtown OKC. Her professional background is in media, public relations, writing and even managing a winery and event venue down the road. Her dream of launching an online news service for Luther came true in November 2015 through humbling and encouraging support from friends and neighbors. THANK YOU. Send story ideas or inquire about advertising partnerships dawnshelton@lutherregister.news