Monthly Archives: July 2011
Recently, Evan Diamond, the Financial Education Program Manager at Cambridge Savings, was interviewed by the Boston Globe about the importance of financial education. You can read the full article here.
He helped shine a light on the lack of financial education available in our community, especially to youth and minority groups. “When I asked a group of students how much a new home is worth, one responded “$2,000?” This answer highlights the vital need for financial education,” said Diamond, who said there are many financial urban myths, even among adults, who often struggle with sound budgeting.
CSB established the CSBsmart Financial Education Program to fulfill a vital need for reliable financial knowledge. The purpose of the program is to contribute to the economic development of our communities and to the well- being of the people who live and work here by:
- Developing and delivering quality programs on a wide variety of financial topics to community members of all ages and economic backgrounds
- Helping community members take steps toward reaching their financial goals
- Empowering individuals by educating them to develop a broad range of money management skills
Click here to learn more about CSBsmart.
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At Cambridge Savings, we are inspired by our customers’ desire to learn about how personal finance issues affect them and their community. We know banking and finance can be overwhelming at times and it is our goal to provide timely, interesting, and relevant information and answer your questions.
We hope this blog will be a source of information, collaboration and entertainment over the coming months and you will refer to it often. We aim to allow for as much interaction as possible– you are encouraged to leave comments and stories, send your questions and offer ideas for blog posts.
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Enjoy reading and let us know if you have any questions!