
Issue:
Family financial management is critical to achieve financial security for all consumers and families in Maryland.
Actions:
UME provides research-based financial management educational programs to diverse audiences including youths, women, minorities, immigrants, self-employed individuals, farm families, first time home buyers, employees, military, child care providers, small business owners, senior citizens, government agencies and human service providers, working poor and other limited resource individuals. Delivery methods include one-on-one counseling, fact sheets, newsletters, conferences, workshops, Internet programs, and more.
Impacts:
UME increased the number of Maryland consumers who
- enhanced their financial literacy and money management skills,
- managed credit better and reduced debts,
- participated in savings plans and increased savings/investments,
- plan for a secure retirement and later life issues (e.g., estate planning, long-term care).
UME enhanced the capacity of local educators, financial counselors, and human service providers to deliver personal finance education programs to help their clients.
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For more information, contact
Dr Nick Place
Last updated:
11/13/2009