August 23, 2010
DiNapoli: Senator Adams Receives Your Money New York Financial Education Award
New York State Comptroller Thomas P. DiNapoli on Saturday presented State Sen. Eric Adams with a Your Money New York (YMNY) Financial Education Award during Adams’ Cradle to College – Parent Empowerment Seminar, which was held at Prospect Heights High School in Brooklyn. DiNapoli, who launched the YMNYinitiative last year, recognized Adams for his long-standing commitment to promoting financial empowerment programs in Brooklyn.
“Senator Adams has been a great ally in our shared efforts to help provide New Yorkers the resources they need to improve money management skills and build firm financial foundations in their own lives,” DiNapoli said. “Young people face distinct financial challenges, and through innovative financial programs like Your Money New York and partnerships with leaders like Senator Adams we are helping students get on a path of smart money management.”
DiNapoli created the YMNY award to recognize exemplary efforts to start, cultivate and promote financial education throughout New York. This specific YMNY award was granted to Senator Adams for his dedication to inform the Brooklyn community about financial resources available. He created, organized, and scheduled his 4th annual Cradle to College – Parent Empowerment Seminar: Securing the Future of Our Families to connect parents with the resources available to assist them with educational and other youth-related issues.
“Empowering our parents to help their children is an essential component to bridging the gaps in our society and enabling families to make progress from one generation to the next,” Adams said. “Financial education provides an invaluable basis for sound personal financial decision-making; it facilitates effective choices for financial planning so that individuals and families can take control of their affairs, improve their quality of life, and establish a secure future.”
Your Money New York Web site is an easy-to-use, multilingual site that covers credit cards and consumer debt, home mortgages, savings and investments, college costs, insurance and protection against identity theft and financial scams. It also provides access to interactive calculators and DiNapoli’s Open Book New York Web site, which brings detailed information on state and local government finances to taxpayers through a centralized, user-friendly platform.