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Financial literacy lesson, conference plans highlighted at Laredo commission meeting; minutes approved
Summary
At a Monday meeting at the public library in Laredo, Gabriela Morales presented a semester-long financial literacy class and urged expanded community outreach; the commission approved minutes and set a March meeting to finalize a March 29 conference at Falcon Bank.
Gabriela Morales, a member and presenter, told the Laredo commission at a Monday meeting at the public library that community financial education must expand after local data showed higher-than-average collection activity.
"If Laredo continues to be the number 1 place where collections happen, it's because we don't have the education, the empowerment, the financial tools to know how to manage the money that we have accordingly," Morales said, describing a volunteer, semester-long class she teaches through Literacy Volunteers of Laredo.
Morales said the class runs two hours every Friday for a full semester, is taught in Spanish when requested, and uses downloadable modules and materials she said she obtained from FDIC.gov. She described core topics — family financial values, comparing financial providers, income and expenses, borrowing…
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