skip to main content
skip to newscasts

Thursday, September 19, 2024

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

Post-presidential debate poll shows a shift in WI; Teamsters won't endorse in presidential race after releasing internal polling showing most members support Trump; IL energy jobs growth is strong but lacks female workers; Pregnant, Black Coloradans twice as likely to die than the overall population.

view newscast page
play newscast audioPlay

The Teamsters choose not to endorse a presidential candidate, county officials in Texas fight back against state moves to limit voter registration efforts, and the FBI investigate suspicious packages sent to elections offices in at least 17 states.

view newscast page
play newscast audioPlay

A USDA report shows a widening gap in rural versus urban health, a North Carolina county remains divided over a LGBTQ library display, and Minnesota Gov. Tim Walz' policies are spotlighted after his elevation to the Democratic presidential ticket.

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
Recipients of the Greenhouse Gas Reduction Grant can now access funding to drive financing for thousands of climate-focused and clean energy initiatives. (bilanol/Adobe Stock)

Environment

play sound

Michigan's most vulnerable communities are receiving federal funding to fight the devastating effects of climate change. It's part of the $27 billion …


Health and Wellness

play sound

September is Health Literacy Month, and a Denver-based group is working to help health professionals break a persistent pattern of discrimination …

Environment

play sound

A new report contends fossil fuel funding has biased Columbia University's climate research. The report, by two Columbia students, shows the …


Alabama releases roughly 220,279 men and 78,247 women from its prisons and jails each year. (Chad Robertson/Adobe Stock)

Social Issues

play sound

An Alabama woman is on a mission to help people who've been incarcerated for decades successfully transition back into society. The mission to …

Health and Wellness

play sound

In North Carolina, the gap between Medicaid reimbursement rates and the actual cost of dental care has reached a crisis point, impacting both …

So far in 2024, community health centers in North Dakota have screened 11,580 patients for food insecurity. Through those screenings, more than three thousand box meals have been distributed. (Adobe Stock)

Social Issues

play sound

September is Hunger Action Month. In North Dakota, it isn't just food banks trying to help underserved populations get nutritious items. Health …

Environment

play sound

Marine biologists conducting deep dives near five California islands are collecting data they hope will strengthen the case for ending gillnet fishing…

Environment

play sound

Researchers at Iowa State University are taking aim at the huge amount of energy used by data centers, now and in the future. They have developed a …

 

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