Arizona Saves

Last updated

Arizona Saves is a non-profit organization offering free services to promote financial education throughout the state of Arizona. It partners with other non-profit and community development agencies, financial institutions, faith-based organizations, and city governments to provide no-cost financial education for low- to moderate-income individuals and families.

Contents

History

The agency was founded in 2003 in response to the decline of savings in Arizona. It encourages saving for an emergency fund, an education, reducing debt, and retirement. In addition to financial education, it offers motivational workshops, financial counseling, and access to no-fee savings accounts. [1] The agency is affiliated with America Saves, the Consumer Federation of America's national campaign with the same mission. [2]

Mission

Changing lives with financial skills and knowledge. Arizona Saves empowers Arizonans to build sustainable self-sufficiency by advancing healthy money management through education, saving, debt reduction, and asset building. [3]

Financial education

Arizona Saves provides financial education workshops that are free and available to the public. The classes are taught by certified volunteers with backgrounds in finance, education, and business. Approximately 400 volunteers throughout the state are trained to teach Arizona Saves' specialized curriculum.

Workshops

Arizona Saves' financial education is typically delivered in a three-part series of workshops that include:

Additional workshops offered:

Foreclosure Prevention & Crisis Budgeting

Arizona Saves added a Crisis Budgeting class in 2008 to assist the thousands of homeowners facing foreclosure in the state. [4] The workshop teaches families how to establish financial priorities, determine which bills to pay first, and make radical short-term changes to their budgets in order to withstand financial crisis and prevent foreclosure.

Arizona Kids Saves

Arizona Saves provides free financial education to children as well. The Arizona Kids Saves program uses an age-appropriate curriculum to teach the same financial principles as the adult classes, encouraging parents and their children to discuss healthy money management at home. [5]

Press

KPNX Channel 12 - Arizona Central - "College Budgets are Critical" (July 27, 2009)

Footnotes

  1. ↑ "National Bank of Arizona". Archived from the original on 2008-09-21. Retrieved 2009-05-28.
  2. ↑ "About Us". Archived from the original on 2009-04-27. Retrieved 2009-05-28.
  3. ↑ "About Us". Archived from the original on 2009-05-20. Retrieved 2009-05-28.
  4. ↑ "Help Center - the Arizona Republic".
  5. ↑ "Help Center - the Arizona Republic".

Related Research Articles

<span class="mw-page-title-main">Personal finance</span> Budgeting and expenses

Personal finance is the financial management that an individual or a family unit performs to budget, save, and spend monetary resources in a controlled manner, taking into account various financial risks and future life events.

A registered education savings plan in Canada is an investment vehicle available to caregivers to save for their children's post-secondary education. The principal advantages of RESPs are the access they provide to the Canada Education Savings Grant (CESG) and as a method of generating tax-deferred income.

<span class="mw-page-title-main">KTVK</span> Independent TV station in Phoenix, Arizona

KTVK is an independent television station in Phoenix, Arizona, United States. It is owned by Gray Television alongside CBS affiliate KPHO-TV and low-power station KPHE-LD, a grouping known as "Arizona's Family". The three stations share studios on North Seventh Avenue in Uptown Phoenix; KTVK's transmitter is located on South Mountain on the city's south side. The station's signal is relayed across northern Arizona on a network of translator stations.

<span class="mw-page-title-main">Fife Symington</span> American politician

John Fife Symington III is an American businessman and politician who served as the 19th governor of Arizona from 1991 until his resignation in 1997. A member of the Republican Party, he resigned from office following convictions on charges of extortion and bank fraud – convictions which were later overturned. Prior to entering politics, Symington served in the United States Air Force and was stationed at Luke Air Force Base in Glendale, Arizona.

<span class="mw-page-title-main">Consumer Federation of America</span> US non-profit organization

The Consumer Federation of America (CFA) is a non-profit organization founded in 1968 to advance consumer interests through research, education and advocacy.

<span class="mw-page-title-main">KPNX</span> NBC affiliate in Phoenix, Arizona

KPNX is a television station licensed to Mesa, Arizona, United States, serving the Phoenix area as an affiliate of NBC. The station is owned by Tegna Inc., and maintains studios at the Republic Media building on Van Buren Street in downtown Phoenix ; its transmitter is located atop South Mountain on the city's south side.

<span class="mw-page-title-main">Jan Brewer</span> Governor of Arizona from 2009 to 2015

Janice Kay Brewer is an American politician and author who served as the 22nd governor of Arizona from 2009 to 2015. A member of the Republican Party, Brewer is the fourth woman to be Governor of Arizona. Brewer assumed the governorship as part of the line of succession, as determined by the Arizona Constitution, when Governor Janet Napolitano resigned to become U.S. Secretary of Homeland Security. Brewer had been Secretary of State of Arizona from January 2003 to January 2009.

<span class="mw-page-title-main">Subprime mortgage crisis</span> 2007 mortgage crisis in the United States

The American subprime mortgage crisis was a multinational financial crisis that occurred between 2007 and 2010 that contributed to the 2007–2008 global financial crisis. The crisis led to a severe economic recession, with millions losing their jobs and many businesses going bankrupt. The U.S. government intervened with a series of measures to stabilize the financial system, including the Troubled Asset Relief Program (TARP) and the American Recovery and Reinvestment Act (ARRA).

<span class="mw-page-title-main">Desert Financial Credit Union</span> Credit union in Arizona

Desert Financial Credit Union is a credit union based in Phoenix, Arizona, that operates 47 branches and service centers throughout Coconino, Gila, Maricopa, Pinal, and Yavapai counties and now statewide in Arizona. Desert Financial remains federally insured by the NCUA and in addition will be regulated by the Arizona Department of Financial Institutions, which regulates state chartered credit unions in Arizona. Desert Financial is the largest credit union in Arizona, managing nearly $8.5 billion in assets as of October 2022.

A tax-free savings account is an account available in Canada that provides tax benefits for saving. Investment income, including capital gains and dividends, earned in a TFSA is not taxed in most cases, even when withdrawn. Contributions to a TFSA are not deductible for income tax purposes, unlike contributions to a registered retirement savings plan (RRSP).

Susan Beacham, also known as “Mrs. Money”, is an American personal finance educator specializing in financial literacy for children. Her career in banking led her to found the company Money Savvy Generation. The company develops educational toys, curriculum, and resources to teach financial education to children of all ages. Through her blog, she offers financial expertise to her readers.

The FoolProof Initiative is a project by the FoolProof Foundation that teaches consumer life skills and healthy skepticism to consumers. It teaches consumers to question anyone who wants to impact their money or welfare. Its resources are generally listed under financial literacy resources.

BASIS Curriculum Schools, Inc. is a global network of both public and private schools that use the BASIS Curriculum. BASIS Curriculum Schools are made up of BASIS Charter Schools, BASIS Independent Schools, and BASIS International Schools.

<span class="mw-page-title-main">Desert Edge High School</span> Public high school in Goodyear, Arizona

Desert Edge High School is a public high school in Goodyear, Arizona, United States. Operated by the Agua Fria Union High School District, it is the third school in the district.

<span class="mw-page-title-main">2008 Canadian federal budget</span>

The Canadian federal budget for the 2008-2009 fiscal year was presented to the House of Commons of Canada by Finance Minister Jim Flaherty on February 26, 2008.

The Arizona State Schools for the Deaf and the Blind(ASDB) is an Arizona state agency, with its administrative headquarters in Tucson. It operates three schools for the deaf and blind, and five regional cooperatives throughout the state:

The Murphy Elementary School District 21 is an elementary school district in Phoenix, Arizona. It operates three K-8 schools and previously operated a fourth.

A financial literacy curriculum is a structured educational program designed to teach basic financial skills necessary to make informed and effective financial decisions. A typical financial literacy curriculum covers various topics related to personal financial issues, including budgeting and financial planning, savings, investing, managing debt, understanding credit, insurance and retirement planning, and consumer protection topics. Financial literacy curricula provide individuals with the knowledge and skills needed to manage personal finance matters and achieve their financial goals. Private, non-profit organizations, and government agencies around the world provide free financial curricula for different age groups.

Humanomics is a national initiative that was launched by a number of credit unions across Canada on May 1, 2014. The purpose of the Program is to bring a human focus to the concept of economics, by having the participating credit unions support their communities by re-investing profits, and provide opportunities to improve Canadians’ financial well-being.

<span class="mw-page-title-main">Rick DeBruhl</span> American television announcer

Richard "Rick" DeBruhl is an American auto racing and automobile auction commentator. He is currently the TV voice of the Barrett Jackson collector car auctions on the A&E Networks. DeBruhl previously worked in radio before becoming a television personality and journalist for the NBC affiliate in Phoenix, Arizona. His motorsports work began on ESPN in 1988 and lasted for nearly thirty years.

References

  1. America Saves. About Us. Washington, DC. Retrieved on 05-28-2009.
  2. National Bank of Arizona. Arizona Saves. Phoenix, AZ. Retrieved on 05-28-2009.
  3. Arizona Saves. Our Mission. Phoenix, AZ. Retrieved on 05-28-2009.
  4. NBC Television - KPNX Channel 12. Free Workshop on Crisis Budgeting. Phoenix, AZ. Retrieved on 05-28-2009.
  5. NBC Television - KPNX Channel 12. Free Class Teaches Children How to Manage Money. Phoenix, AZ. Retrieved on 05-28-2009.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.