Tahlequah Daily Press

Community Briefs

April 14, 2014

Financial kits available free at Hulbert Community Library

OKLAHOMA CITY — April is National Financial Capability Month and to celebrate, the Oklahoma JumpStart Coalition is observing JumpStart Your Money Week, April 20-26.

Helping to promote financial education statewide, the Oklahoma Society of Certified Public Accountants is offering free Financial Fitness Kits through libraries, including the Hulbert Community Library, and online at www.KnowWhatCounts.org.

The 10th annual JYM Week brings organizations, businesses and schools together to educate Oklahomans about important money issues.

In the “2014 Assets and Opp-ortunity Scorecard” by the Corporation for Enterprise Development, 20.3 percent of Oklahoma households are “asset poor,” meaning they have little or no financial cushion to rely upon if unemployment or other emergency leads to loss of income. Oklahoma was ranked 31st in the nation for how residents fare in achieving financial security across 52 measures in five different issue areas. The state ranked 40th in income poverty rate, 42nd in unbanked households and 44th in consumers with subprime credit.

The kits include sections on establishing a budget, managing money in the military, understanding insurance basics, facing family issues, preparing for and overcoming a crisis and more. This is the seventh year the OSCPA has partnered with libraries for kit distribution.

“Each year, we receive positive feedback on our kits,” said Amy Welch, OSCPA communications director. “Our members, the CPAs who help put these together, put a lot of time and thought into what to include, so JYM Week is an exciting time for the Oklahoma Society of CPAs.”

Locate a distributing library or download the kit from www.KnowWhatCounts.org.

For more information about the Oklahoma JumpStart Coalition and JYM Week, including a calendar of events, visit www.OklahomaJumpStart.org.

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