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NY foundation director a panelist on fin-lit forum
ALBANY. N.Y. (4/21/08)--Diane LaVigna-Wixted, executive director of the New York Credit Union Foundation, was one of the experts on financial education who participated in a forum on how to better educate students about finances and their futures.
Diane LaVigna-Wixted (left), executive director, New York Credit Union Foundation, posed with Dan Iannnicola Jr., deputy assistant secretary, U.S. Department of the Treasury Office of Financial Education, at the recent New York Financial Literacy Forum in Albany, N.Y. (Photo provided by the New York Credit Union Foundation)
The New York Financial Literacy Forum was the lead-in event for the National Urban Alliance’s “Believe to Achieve” conference recently held in Albany and attended by 2,000 leading educators and teachers. “Many people have never had the education they need to manage their money,” LaVigna-Wixted said during her presentation. “The results are all around us: spiraling levels of credit card debt and bankruptcy, an unsustainable personal savings rate, and the current mortgage crisis, to name just a few examples. “I believe that financial educations should be taught in the schools, practiced at home, and reinforced by credit unions,” she continued. The forum also provided an overview of pending New York legislation intended to enhance the current financial literacy knowledge of New York students. New York State Rep. Harvey Weinstein (D-Long Island), a former teacher and a member of the state Assembly Education Committee, opened the event. Sam Iaanicola Jr., deputy assistant secretary for the U.S. Department of the Treasury Office of Financial Education, gave the keynote address. A legislative resolution of behalf of April 2008 as Financial Literacy Month was presented on behalf of the state Senate. The foundation was one of the sponsors of the forum.


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