State of Colorado celebrates Financial Literacy Month in April

Retirement Planning Week and Money Smart Week included in month-long initiative

DENVER (April 6, 2016) -- Throughout the month of April, the Colorado Department of Regulatory Agencies (DORA) will celebrate national Financial Literacy Month, an initiative designed to increase awareness among consumers about the importance of financial education for all ages, from basic saving methods, to credit and debt management, to retirement planning. 

A proclamation issued by Gov. John Hickenlooper recognizes April 2016 as Financial Literacy Month in Colorado, stating: “during the month of April, the State of Colorado and the Colorado Department of Regulatory Agencies, as part of DORA’s ‘Take 5 to Get Wise’ consumer outreach efforts, will partner with businesses, financial institutions, schools, libraries, non-profits and other government agencies to help raise awareness about financial literacy and to encourage citizens throughout the state to learn more about planning their financial futures.”  

WHAT’S AHEAD

  • Retirement Planning Week, April 11-15:  DORA’s Division of Securities and the Division of Insurance will recognize national Retirement Planning Week with daily tips via DORA’s Facebook and Twitter pages based on life stages and ages, as well as issue a consumer bulletin focused on good retirement planning practices. More information about Retirement Planning Week at www.retireonyourterms.org
     
  • Money Smart Week, April 23-30:  During the week of April 23, DORA Commissioners of Financial Services, Banking and Securities will participate in national Money Smart Week events throughout the Denver metro area. Founded by the Federal Reserve Bank in 2002, Money Smart Week is a public awareness campaign that has brought together hundreds of organizations throughout the county to provide information to consumers of all income levels about personal finances. Money Smart Week events are free to the public and more information can be found on the Money Smart Week website.
     
  • Presentations:  Informational presentations at a variety of events including the Public Library Association Conference in Denver from April 6-8; “$ecure Colorado” presentations at Virginia Village Library in Denver on April 8 (open to the public); and the DORA booth at the Metropolitan State University’s Spring Fling on April 21. For more information, email jillian.sarmo@state.co.us.
     
  • Social Media:  Check DORA’s Facebook and Twitter pages for daily tips geared toward improving your financial well-being.
     
  • TV:  In partnership with Denver7 (ABC), check out “Take 5 at 5” airing during 5 a.m. and 5 p.m. weekend news hours for segments focused on financial awareness.

“Taking just five minutes to become more aware of your finances could make all the difference when it comes to building and maintaining your financial health,” commented DORA Executive Director Joe Neguse. “We encourage consumers of all ages who may not understand the type of financial services and products that are best for them to get involved in Financial Literacy Month.”

“An informed consumer is an empowered consumer,” added DORA’s Commissioner of Financial Services Patty Salazar.

Consumers can browse the new askDORA.colorado.gov website where the friendly “Ask DORA Owl” guides visitors to information that can help protect them from fraud, exploitation and unwise financial decisions.

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About DORA
The Department of Regulatory Agencies (DORA) is dedicated to preserving the integrity of the marketplace and is committed to promoting a fair and competitive business environment in Colorado. Consumer protection is our mission. Visit www.dora.colorado.gov for more information or call 303-894-7855 / toll free 1-800-886-7675
 

 
Rebecca Laurie
Department of Regulatory Agencies
p: 303-894-2338 | c: 720-724-0612