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Financial Literacy
Through an engaged Financial Literacy Task (FLTF),
the FLTF utilizes the NBCSI model that engages Black State legislators
as conveners in designated locations to join with civic and business
leaders, neighborhood and faith-based organizations, and other stakeholders
interested in this vital area. Under the leadership of the task
force members, each local group actively engages in examining the
relevant issues, identifying cultural sensitive approaches and expanding
policy and legislation options. Together, they work to provide access
to the tools that will allow their constituencies to make better
choices for their future financial well-being, with a focus on savings,
credit, budgeting and asset building.
The work of the FLTF is not limited to one age group, instead, it
focuses on identifying the financial literacy gaps of the entire
community, including seniors, working families, young adults, college
students, and young people in K-12 grade. The Task Force works with
financial institutions, the financial services industry and other
state and local policymakers to identify solutions to existing barriers
to self sufficiency and wealth building on the African American
community.
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