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Financial Literacy Library

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Florida Financial Literacy Council

In an ongoing effort to increase financial literacy awareness, Florida Chief Financial Officer Alex Sink convened the first meeting of the Financial Literacy Council in Tallahassee. The meeting was held on Monday, June 25, 2007, at the Capitol Complex. Obdulio Piedra was elected chair of the group.

Paul Auslander, Lou Buccino, Liana Fox, Richard George, Cassandra J. Grayson, Doug Heinlen, Deidre Newton, Obdulio Piedra and Dulce M. Suarez-Resnick are the members of the state’s Financial Literacy Council.

The council, authorized in 2006 by House Bill 825, was created to study the financial problems that affect consumers, particularly young persons, seniors, working adults and small business owners, which arise from a lack of basic knowledge of financial issues. The council will also develop recommendations to aid CFO Sink’s department-- the Department of Financial Services-- in developing programs and resources aimed at increasing financial literacy among Floridians

CFO Sink is a strong proponent of financial literacy. Through outreach coordinators, the Department of Financial Services aggressively reaches out to local communities to educate consumers on topics such as the wise use of credit cards for teens, credit card identity theft, hurricane preparedness, small business security, life insurance and first-time homebuyer workshops.