Business and Economics

Secretary Of State Expands Financial Literacy Program

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August 13, 2014 —

INDIANAPOLIS – Secretary of State Connie Lawson launched a program Wednesday that expands on the state’s already existing financial literacy program.

Indiana MoneyWise – formerly known as Indiana Investment Watch – focuses on improving Hoosiers’ financial literacy and protecting investors from scams.

The newly enhanced program will expand its focus and content to place emphasis on smart money management skills aimed at key demographics.

“As I travel around the state presenting on the topic of financial literacy, it is clear more Hoosiers want help making smart money decisions beyond just investing,” Lawson said. “When Indiana Investment Watch was launched, it was limited to spotting and avoiding scams.

“Now, we have broadened our focus and introduced our newest resource, the Indiana MoneyWise e-magazine,” she added.

Fines imposed on violators of securities laws – not taxpayers – fund the program.

The e-magazine is available for smart phones, tablets, and computers and will include tips and links to resources to help Hoosiers make wise money decisions.

There will be a section titled “Fraud Stoppers,” where readers can learn more about investment fraud scam artists.

The magazine will have a new focus each month, with the first edition focusing on saving money and staying on budget when preparing to go back to school.

In the following months, the magazine will focus on things such as financial tips for newlyweds, preparing and budgeting for the holidays, and senior-citizen fraud prevention.

Indiana MoneyWise will first be seen and demonstrated in the Exposition Hall at the Indiana State Fair. Fairgoers will be able to have access immediately via their smart phones or tablets.

To view the online magazine, visit Readers will be able to subscribe to the upcoming editions with no subscription fee.

The mission of the magazine is to increase financial literacy in Hoosiers and to educate them about the various types of securities fraud, Lawson’s office said.


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