Seeking Partnership with Not-For-Profits, Financial Institutions

•March 2, 2016•

Providing real, practical knowledge of personal finance is the goal behind an outreach program recently launched by the Illinois Department of Financial and Professional Regulation (IDFPR). Known as the Illinois Financial Literacy Initiative (IFLI), the program aims to educate the public on finance basics, as well as assist in identifying financial products and resources that best suit their needs. IDFPR is seeking to partner with Illinois’ not-for-profits and financial institutions to facilitate the initiative throughout the state.

“When individuals are provided a financial literacy foundation, they are more inclined to make educated personal finance decisions that lead to wealth accumulation,” said Bryan A. Schneider, IDFPR Secretary. “As the state regulator overseeing our financial industry, we can play a role in empowering citizens to make solid financial decisions. Programs like the Illinois Financial Literacy Initiative are important in raising the level of financial proficiency and improving the economic strength of our state.”     Login or Subscribe to read the rest of this story.