WASHINGTON, D.C. – With the unemployment rate at its highest point in over 20 years and on an upward trend, Americans are facing very uncertain times. For the unemployed making the most out of every dollar is no longer a want, but a necessity.
On Monday, August 17 Community Financial Education Foundation (CFEF) was a special guest at the Congressman Eric Cantor’s District Job Fair in Midlothian, VA to help educate those seeking employment on better budgeting and money management.
“The turnout was tremendous. We expected a couple hundred people and more than 2000 people attended the job fair,” said Miranda Harwell, Executive Director of CFEF.
CFEF held break out sessions at the job fair that focused on personal finance, the importance of planning during an uncertain time and tips on how to best maintain good credit standing. In addition to financial education, CFEF offered attendees free Quicken software so that they are able to continue to utilize the tools they learned after the workshops concluded.
“Now more than ever, it is incredibly important for people unemployed to be particularly conscience of their personal finances and credit standing,” said Harwell. “Being unemployed is temporary, but bad credit will haunt you for years.”
If you would like to learn more information about the CFEF or attend one of their upcoming workshops in your area, please visit www.communityfef.org.
Launched in 2008, the Washington, D.C.-based Community Financial Education Foundation (CFEF) is the leading provider of financial education resources for consumer lenders. The non-profit organization developed the web-based financial education program, Borrow Smart America to educate consumers and help them take control of their financial futures by providing them with debt management and budgeting tools. The foundation also advocates for financial education programs in America’s public schools and awards grants nationwide to community organizations and students who promote financial literacy in their communities. For more information, visit communityfef.org.
