skip to main content
skip to newscasts

Wednesday, April 17, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Day of action focuses on CT undocumented's healthcare needs; 7 jurors seated in first Trump criminal trial; ND looks to ease 'upskill' obstacles for former college students; Black Maternal Health Week ends, health disparities persist.

view newscast page
play newscast audioPlay

Seven jury members were seated in Trump's hush money case. House Speaker Johnson could lose his job over Ukraine aid. And the SCOTUS heard oral arguments in a case that could undo charges for January 6th rioters.

view newscast page
play newscast audioPlay

Fears grow that low-income folks living in USDA housing could be forced out, North Carolina's small and Black-owned farms are helped by new wind and solar revenues, and small towns are eligible for grants to boost civic participation..

Financial Education: Important Knowledge for Uncertain Times

play audio
Play

Friday, October 7, 2022   

Between rising inflation and the ups and downs of the stock market, it isn't surprising that folks are concerned about their own financial situation. Financial literacy is one antidote to this "money stress," and an Idaho-based credit union is sharing these skills with people young and old.

Frank Alvarez, a branch manager in Walla Walla, Washington, for Lewiston-based Potlatch No. 1 Federal Credit Union (P1FCU), said his passion is teaching financial skills, and he's partnered with the local nonprofit Blue Mountain Action Council to bring them to people for free. He said one topic they emphasize is creating savings, and how it can prevent the need for borrowing money at high interest rates.

"It comes to budgeting," he said, "because while it's OK to lend against your credit and such, there are just ways of doing it without putting you behind."

According to a recent Bankrate survey, 58% of people are concerned about the amount of emergency savings they have - up from 44% in 2020.

Participants in the class have ranged in age from 15 to 65. Alvarez said he'll often teach classes to older people in Spanish. People from that class then bring their children, and he'll teach the younger students in English. He noted that it's important to have these lessons in Spanish.

"I can teach it in English as well," he said. "I just know that there is a higher need in Spanish, and it takes longer on that class itself."

He added that the financial education classes meet once a week for six weeks, with a different topic every week. Those who complete the class get a certificate and money sent to their bank or credit-union account. Participants don't have to be P1FCU members to attend.

References:  
Survey Bankrate 6/23/2022

get more stories like this via email
more stories
Since 2009, Market Match has served tens of thousands of low-income Californians to buy produce at markets like this one in San Francisco.(Heart of the City Market)

Social Issues

play sound

California's program helping low-income families buy fresh fruit and vegetables is on the chopping block and health care advocates are asking legislat…


Social Issues

play sound

A persistent child care worker shortage across New Hampshire is leaving families with few options. The state is currently short more than 7,000 …

Social Issues

play sound

The child welfare system in Pennsylvania faces a staffing crisis affecting children and families throughout the system. The Child Welfare Resource …


By 2031, good jobs accessible to people with only a high school education will represent just 6% of all jobs. (bodnarphoto/Adobe Stock)

play sound

Work is being done in rural areas across Texas to make sure students are prepared for the workforce even if they intend to stay put after graduation…

play sound

This summer, colleges and universities will have to comply with a new federal rule and not withhold students' transcripts over unpaid tuition and …

From 2017 to 2019, Ohio ranked 46th among 50 states for pollution exposure, including exposure to fine particulate matter (PM2.5) pollution. (Halfpoint/Adobe Stock)

play sound

Recent data ranks Columbus as the most polluted major city in the U.S., highlighting concerns about common pollutants, like smog and vehicle …

Health and Wellness

play sound

While Black Maternal Health Week is wrapping up, health disparities for pregnant Black women continues to be an issue. From April 11-17 this year…

Social Issues

play sound

Kentuckians have less than a week to register to vote in next month's primary election. If folks miss the April 22 deadline, residents can still …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright 2021