Capital One and Consumer Action Sponsor Free Financial Literacy Training for Boston Nonprofit Community Organizations

"MoneyWi$e is now in its eighth year, and these meetings continue to be very valuable and in high demand," said Ken McEldowney, Executive Director of Consumer Action. "The MoneyWi$e program has equipped thousands of nonprofit organizations with the tools and information they need to build solid financial education programs that empower local residents. This partnership is a critical investment in the future of our communities."

MoneyWi$e: Materials, Training and Seminars
Consumer Action and Capital One first launched the MoneyWi$e partnership in November 2001. Since then, the program has produced and distributed a series of MoneyWi$e educational materials to provide consumers with the building blocks for developing and honing personal finance skills, from saving and budgeting to balancing a checkbook, to understanding the basics of credit and credit repair and how parents can talk to teenagers about money. By providing free brochures in multiple languages (English, Spanish, Chinese, Korean and Vietnamese), the MoneyWi$e program is able to address financial literacy across both income and ethnic barriers. More than 3,000 community groups have distributed three million MoneyWi$e brochures to date.