The Money Conference is a FREE conference presented by Treasurer Timothy P. Cahill in conjunction with the YWCA. The Conference will focus on money management, retirement and investment strategies for all ages, racial, ethnic and economic backgrounds, and levels of financial knowledge.

• Since 2000, more children will live through their parents’ bankruptcy than their parents divorce. ¹
• 50% of Americans have less than one month of savings saved for emergencies. ²
• In 2009, 61% of Americans were living paycheck to paycheck, up from 49% in 2008 and 43% in 2007. ²
• 56% of people do not know that credit score is the single most important factor when applying for a loan for a house, a car or even a new credit card.³
• More than one-third of adults say they do not have any non-retirement savings.  And though a majority is currently saving for their retirement, more than one-quarter are not.*

Sources:
1 The Two Income Trap by Elizabeth Warren and Amelia Warren Tyagi (New York: Basic Books 2003)

2Careerbuilder.com poll

3FinAid.org

*Prepared by Princeton Survey Research Associates International for the National Foundation for Credit Counseling and MSN Money, 2008 Financial Literacy Survey, April 29, 2008, http://www.nfcc.org/2008FinancialLiteracy.pdf