| Marin County, CA | November 8, 2011 Election |
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Financial Preparedness is Essential to Well BeingBy Manny FernandezCandidate for Council Member; City of Novato |
This information is provided by the candidate | |
The financial preparedness of our nation's citizens is essential to their well-being and of vital importance to our economic future.America's current financial nighmares, both on a national level and for individuals, have taught us all serious lessons. Each person needs to be aware of national and personal finances. We need to balance our own budgets, and well as keeping an eye on U.S. financial situations. Ben S. Bernanke, Federal Reserve Board, included the following in a speech that speaks to these issues: "We are reminded of how critically important it is for individuals to become financially literate at an early age so that they are better prepared to navigate an increasingly complex financial marketplace. Choosing a credit card, saving for retirement or for a child's education, or buying a home requires more financial savvy than ever. Financial literacy and consumer education--coupled with consumer protection--makes the financial marketplace effective and efficient. Only eight states require personal finance before highschool graduation. I believe more states should consider making personal finance a requirement for all students . . . this is vital to the future of our economy and all its citizens, and I strongly believe that financial literacy must be a high priority." |
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Created from information supplied by the candidate: October 17, 2011 09:14
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