Community Financial Education Foundation initiative Borrow Smart America enlists 600 new members

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) May 21, 2009 -- WASHINGTON, D.C. May 12, 2009 - The Community Financial Education Foundation is pleased to announce the signing of 600 new Borrow Smart America members. The program teaches consumers to better manage their personal finances and live more effectively by providing debt management and budgeting tools. Borrow Smart America is a free online program that allows members access to resources which help them manage household budgets, improve credit scores and set saving goals.

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Community Financial Education Foundation initiative Borrow Smart America enlists 600 new members

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“We believe the Borrow Smart America online financial education program will empower these borrowers to take control of their personal finances,” said Miranda Harwell, Executive Director of CFEF. “Education is power and informed Americans will make more sound financial decisions and live better lives. Our goal is to turn financial fear into financial freedom.”

CFEF launched its first educational initiative, Borrow Smart America, in November 2008. This free, web-based financial education program has debt management and budgeting tools that are designed to teach consumers how to create household budgets, project future expenses, set savings goals and improve personal credit.

Intuit Inc. has donated a copy of Quicken Deluxe for the first 500 consumers who complete the Borrow Smart America curriculum on the CFEF website. This initiative allows consumers to make their personal finances a priority long after they have completed the Borrow Smart America program.

Launched in 2008, the Washington, D.C.-based Community Financial Education Foundation (CFEF) is the leading provider of financial education resources for consumer lenders. The non-profit organization developed the web-based financial education program, Borrow Smart America to educate consumers and help them take control of their financial futures by providing them with debt management and budgeting tools. The foundation also advocates for financial education programs in America’s public schools and awards grants nationwide to community organizations and students who promote financial literacy in their communities. For more information, visit www.CommunityFEF.org.

More information can be found online at http://www.communityfef.org

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