Albuquerque, NM.   People are more likely to talk about their love life, weight, age and salary than discuss their credit card debt.

One year ago, U.S. Revolving consumer debt, made up demonstrably of credit card debt, was about $950 billion. In the last quarter of 2008, 13.9% of consumer disposal income serviced this debt (Source: US Congress Joint Economic Committee, May 2009). The average American with a credit file is responsible for $16,635 in debit, excluding mortgages, according to Experian (Source: US News and World Report, August 2008). And 92 million people living in America gave themselves a C, D or F for their knowledge of personal finances (Source: National Foundation for Credit Counseling, 2009 Financial Literacy Survey, April 2009).

Get Control, Keep Control is the theme of the Fourth Annual Lt. Governor's Summit on Financial Education. On April 19, 2010, the New Mexico Coalition for Financial Education brings top New Mexico educators, business professionals and policy makers together to specifically provide FREE financial education workshops and presentations in this one day event. Held at the Albuquerque Hotel, in Old Town, over two dozen workshops ranging in topics from "Money, Money, Money" to "I am a Con Man" to "Retirement Planning", are scheduled from 8:30 am to 3:00 pm. Speakers include Lt. Governor Diane Denish, State Treasurer James Lewis and State Attorney General Gary King.

"As we head into an uncertain national economy, it is more important than ever that people learn to be wise consumers. Knowing how to save and spend wisely, not to mention avoiding lending scams and outright cons, can help people get ahead rather than just get by," said Lt. Governor Denish.

Reservations are required for this free event as space is limited.
For more information: www.NMFINED.org
Reservations: bernice.geiger@state.nm.us
or call 505-383-2327.

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