Money_Smart_KC_Community_Report-FINAL 2017-2018
Mission of Money Smart KC is to connect resources, education and stakeholders to positively impact the financial lives of individuals and families throughout our community.
Mission of Money Smart KC is to connect resources, education and stakeholders to positively impact the financial lives of individuals and families throughout our community.
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MONEY SMART DAY<br />
<strong>2018</strong> marked the tenth year of <strong>Money</strong> <strong>Smart</strong> Day (MSD) in Kansas City. The Federal Reserve Bank of<br />
Kansas City hosted the event at the Kansas City Public Library (Central Branch). MSD is intentionally<br />
focused on meeting the needs of the LMI community. The event includes several hour-long concurrent<br />
sessions on a variety of topics, including budgeting, how to repair credit, home buying tips, saving for<br />
the future, etc.<br />
In <strong>2017</strong>, 398 participants attended <strong>Money</strong> <strong>Smart</strong> Day<br />
reflecting a 19% increase from the year prior. In <strong>2018</strong><br />
over half the respondents had not attended <strong>Money</strong> <strong>Smart</strong><br />
Day before and about 50% of attendees reported a<br />
household income under $50,000 for both years.<br />
When surveyed, attendees overwhelmingly<br />
responded they are likely to attend more<br />
<strong>Money</strong> <strong>Smart</strong> <strong>KC</strong> sessions in the future.<br />
EFFECTIVENESS RATING:<br />
Members of the general public attending financial education sessions were asked to what extent<br />
“the session was a good use of my time” on a 1-5 scale, with 5 being the highest.<br />
<strong>2017</strong><br />
4.6<br />
<strong>2018</strong><br />
4.8<br />
6<br />
PREVIOUS TOPICS AND PRESENTERS:<br />
• A Credit <strong>Smart</strong> Start - Understanding your credit score and how to improve it - Commerce Bank<br />
• Avoiding Financial Frauds and Scams - Federal Reserve Bank of Kansas City<br />
• Budgeting Basics - Women’s Employment Network<br />
• Estate Planning 101 - What everyone should know - Allstate<br />
• Exploring Your Financial Values and Attitudes - United Way of Greater Kansas City<br />
• Get Moving! Home Financing 101 - UMB Bank<br />
• Saving for Your Future Starts Now! - Ameriprise Financial<br />
• Top Personal Finance Apps - Central Bank of Kansas City<br />
• Budgeting Made Easy - Catholic Charities of Kansas City-St. Joseph<br />
• How to Buy a Car - Greater Kansas City LISC<br />
• Understanding Credit - CHES, Inc.<br />
• Home Buying Basics - UMB BANK
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