Massachusetts Treasurer’s Movement for Financial Literacy [OPINION]
Since she was inaugurated as the Treasurer of the Commonwealth in 2015, Deb Goldberg has made economic opportunity in Massachusetts a focus of her tenure.
She began by launching the Office of Economic Empowerment, the first office of its kind by any state, with the goal of addressing the major obstacles of economic inequality in the Commonwealth. A key measure of meeting this goal is increasing the opportunity for financial literacy.
Realizing this, Treasurer Goldberg fulfilled a campaign promise to assemble a statewide literary task force with experts from across the Commonwealth. The task force made 22 recommendations for a statewide financial literacy program, all of which to this day have been implemented.
Now, Goldberg has recently launched a new public-private partnership with the edtech company Money Experience. This program will offer free financial literacy courses to 22 community colleges throughout the Commonwealth, where they receive access to Money Experience's Essentials course, which is available in a self-paced virtual format.
In an era where we are experiencing a cascade of financial crises such as the aftermath of the subprime mortgage crisis and the economic fallout of COVID-19, education about financial literacy is a critical tool for the people of the Commonwealth to effectively manage and grow their financial assets and find a pathway to prosperity.
I was recently joined by Treasurer Goldberg on-air to discuss this new program. You can listen to the full conversation here:
Marcus Ferro is the host of The Marcus Ferro Show airing Saturdays on 1420 WBSM from 1 p.m. to 4 p.m. Contact him at email@example.com. The opinions expressed in this commentary are solely those of the author.