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Transformance Celebrates Financial Literacy Month

Last updated Monday, April 11, 2016 15:59 ET

Transformance, Inc., the Dallas, Texas-based financial literacy nonprofit, is in the midst of celebrating April’s Financial Literacy Month.

Dallas, 04/11/2016 / SubmitMyPR /
Nonprofit Hosting Several Initiatives in April to Foster Sustainable Communities
 
Transformance, Inc., the Dallas, Texas-based financial literacy nonprofit, is in the midst of celebrating April’s Financial Literacy Month. For 30 days, the focus centers on a simple 5-step plan to put consumers on a path to financial wellness: commitment, assessment, organization, prioritization and living on a budget.
 
The need for a dedicated month committing to financial wellness is sorely needed in the U.S. according to national statistics compiled in a recent personal finance study, 77 percent of us live paycheck to paycheck. Americans are carrying over two trillion in consumer debt. For Texans, the statistics are even worse, with almost half of residents living in liquid asset poverty: 63 percent have sub-prime credit scores and almost 40 percent are underbanked.
 
To combat these sobering statistics, Transformance is in the midst of several initiatives in April, all designed to heighten awareness of financial literacy while empowering positive change at the community level. These include:
 
33 Webinars! – Transformance is conducting 33 webinars in support of Financial Literacy Month in April. Numerous topics to choose from include: Little Kids and Money, How to Spend Your Tax Refund, Interest Rates and Why You Should Care, Money Smarts, Seniors and Money, Money and Scams, and much more. All are viewable from the convenience of your desktop.
 
Ardmore, Oklahoma Office – In support of their regional quest to promote financial literacy and consumer credit counseling, Transformance is opening a branch office in Ardmore, Oklahoma, which will provide services to all southern Oklahoma residents.
 
Pocket Change USA Mobile App Launch Party – In a celebration of Transformance’s first app designed to teach financial literacy, budgeting, saving and tracking expenditures, the organization will launch the Pocket Change USA app on Tuesday, April 26. It will be available in both the App Store and Google Play.
 
Hands on Banking Event – Designed specifically for military veterans and their families, the Hands on Banking Events are a chance for free banking education and financial literacy appointments at several DFW bank locations throughout the month of April.
 
“The number one goal of Transformance is to promote transformational learning systems that create financially accountable and sustainable communities,” said Ken Goodgames, president and CEO. “That makes April’s Financial Literacy Month a really big deal for us, as we can capitalize on promoting our resources to those who need it the most.”
 
Celebrating April’s Financial Literacy Month is all about invoking change, and the first step begins with a simple pledge. To take responsibility for your financial future, follow this link: http://www.financialliteracymonth.com/30Steps/Step1.aspx
 
For more information, please visit www.transformanceusa.org or call 1-800-249-2227.
 
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About Transformance, Inc.
In 2015, the agency will have delivered more than 125,000 consumer interactions through financial counseling, outreach and education. In 2016, the agency expects to serve up to 1 million low and moderate income families with transformative financial learning solutions accessible online and through a new mobile app.
 
Since its founding in 1974 as Consumer Credit Counseling Service of Greater Dallas, the agency has empowered clients to overcome adversity and attain their financial goals. Services include credit/budget counseling, financial education, housing counseling, individual debt management and bankruptcy counseling. Transformance will:
 
Provide a national nonprofit resource dedicated to confidential and professional counseling to assist financially distressed or economically vulnerable families
Develop and foster community educational programs on family money management, budgeting and the wise use of money and credit
Develop and maintain a positive working relationship with the credit community, employee assistance programs, professional counselors and community-based social service agencies
Provide opportunities for economic empowerment of low and moderate income families and with a particular focus on at-risk communities such as seniors, military families, veterans, communities of color and single, female-headed households
Enable good financial knowledge early in life through its focus on education of students (K -12) and their parents through agency strategic partnerships
 
Transformance, Inc., is a 501(c)(3) nonprofit founded in 1974, and is a United Way Service Provider as well as a HUD-approved multistate housing counseling and education organization. The agency is formally accredited every four years by the Council on Accreditation for Children and Families (COA) to ensure compliance with top industry standards and best practices. The agency has its headquarters in Dallas, Texas, with satellite offices in Arlington; Austin; Amarillo; Ardmore, Oklahoma; and Colorado Springs, Colorado.
 
To read more about Transformance, Inc., or for an annual report, visit http://www.transformanceusa.org.
 
Transformance Media Contact:
Jeffrey Cheatham
Senior Account Manager
TrizCom PR
Office: 972-247-1369
Mobile: 972-961-6171