Okaloosa County News Release - Deepwater Horizon Oil Spill
New FREE Program Benefits Citizens Impacted by Oil Spill
Master Money Mentors Available Through Extension Office
A new University of Florida (UF) program will help struggling families get free one-on-one help with their household finances. UF, County Extension offices in Okaloosa & Walton Counties are adopting the new Master Money Mentor program, and have trained 14 new mentors who are ready to help people who may need some information, help, or a person who can be a mentor to them.
"Locally, many people are trying to manage in tough economic times, due to the oil spill or the longstanding economic recession, leaving citizens stressed over money, jobs, and issues resulting from current economy," said Okaloosa County Extension Agent Elaine Courtney. "This fits well with our current Okaloosa Saves," initiative already in place. For more information, contact:
In Okaloosa County: Elaine Courtney 850-689-5850
Walton County: Kendra Zamojski 850-892-8172
"While every family's financial picture will be different," says Michael Gutter, an assistant professor in family financial management at UF, "I expect money mentors to help in three important areas: assisting families as they make spending and savings plans, helping them analyze their credit behavior and limit debt, and pushing families to be proactive with lenders when problems arise."
Bank of America-Florida gave $100,000 for the program, said Bank President Mike Fields, because one of the company's priorities is providing access to financial literacy programs in underserved and rural communities. Organizers expect to have mentors paired up with families starting September 1st.
Master Money Mentors Available Through Extension Office
A new University of Florida (UF) program will help struggling families get free one-on-one help with their household finances. UF, County Extension offices in Okaloosa & Walton Counties are adopting the new Master Money Mentor program, and have trained 14 new mentors who are ready to help people who may need some information, help, or a person who can be a mentor to them.
"Locally, many people are trying to manage in tough economic times, due to the oil spill or the longstanding economic recession, leaving citizens stressed over money, jobs, and issues resulting from current economy," said Okaloosa County Extension Agent Elaine Courtney. "This fits well with our current Okaloosa Saves," initiative already in place. For more information, contact:
In Okaloosa County: Elaine Courtney 850-689-5850
Walton County: Kendra Zamojski 850-892-8172
"While every family's financial picture will be different," says Michael Gutter, an assistant professor in family financial management at UF, "I expect money mentors to help in three important areas: assisting families as they make spending and savings plans, helping them analyze their credit behavior and limit debt, and pushing families to be proactive with lenders when problems arise."
Bank of America-Florida gave $100,000 for the program, said Bank President Mike Fields, because one of the company's priorities is providing access to financial literacy programs in underserved and rural communities. Organizers expect to have mentors paired up with families starting September 1st.
Labels: Florida Deepwater Horizon Response, oil crisis assistance, okaloosa county, okaloosa county news release, walton county
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