Workshops Teach Students How To Make Good Financial Choices
Paco Tomei
Institute (CHLI) announced today that they are working together to
offer Freddie Mac's CreditSmart and CreditSmart Español, financial
literacy workshops to students at six college campuses across the
country in the next few months. The goal is to provide students with
information on how to make wise financial decisions.
During the free workshops, college students will learn about consumer
credit and money management, with an emphasis on preparing for the
financial responsibilities of college and planning for the future.
They will learn how credit plays a profound role in achieving
financial goals, such as renting an apartment, buying a car or house
or getting a job.
"We look forward to partnering with Freddie Mac in hosting these
financial workshops that are focused on helping college students to
learn about the importance of making smart financial decisions early,"
said Representative Lincoln Diaz-Balart, CHLI Chairman, "Gaining
knowledge about financial matters today is key to ensuring a secure
financial future."
CreditSmart and CreditSmart Español, Freddie Mac's signature
instructor led curriculum, will be offered in two-hour workshops at
the following academic institutions on the specified dates:
§ Florida International University, Miami, February 20, 2007
§ Miami Dade College North Campus, Miami, February 20, 2007
§ University of Miami, Miami, February 21, 2007
§ Universidad Metropolitana, Cupey, Puerto Rico, March 30,
2007 (this workshop will be conducted in Spanish-CreditSmart
Español)
§ University of Texas at San Antonio, San Antonio, April 13,
2007
§ California State University, Fresno, April 27, 2007
"We are proud to be working with the Congressional Hispanic Leadership
Institute to offer CreditSmart and CreditSmart Español workshops to
college students," said Christina Diaz-Malone, director of Freddie
Mac. "We hope to better prepare students to deal with the challenges
of earning an income, spending wisely and saving money. People who
have a better understanding of credit and financial concepts more
effectively save, budget and pay bills on time."
Freddie Mac believes that by educating consumers about smart credit
habits and helping them to understand the importance of obtaining and
maintaining good credit then they are helping them take the first
steps toward homeownership.
Freddie Mac is a stockholder-owned corporation established by Congress
in 1970 to support homeownership and rental housing. Freddie Mac
purchases single-family and multifamily residential mortgages and
mortgage-related securities, which it finances primarily by issuing
mortgage passthrough securities and debt instruments in the capital
markets. Over the years, Freddie Mac has made home possible for one
in six homebuyers and more than four million renters. For additional
information about Freddie Mac, visit the company's web site: www.freddiemac.com.
The Congressional Hispanic Leadership Institute is a 501(C)(3) not-for-
profit and non-partisan organization dedicated to creating a broader
awareness of the diversity of thought, heritage, interests and views
of Americans of Hispanic and Portuguese descent. For more
information, please visit CHLI's web site: www.chli.org