April 5, 2017
Essex County College Third Annual Financial Literacy Conference
NJCFE and NJSaves staff took part in the Essex County College Third Annual Financial Literacy Conference on April 5, 2016 to speak to college students about financial literacy. Richard Badolato, New Jersey’s Commissioner of Banking and Insurance, was the keynote speaker
Congratulations to Professor Jean-Wilner Alexandre, Assistant Professor of Economics and Finance and NJCFE member for coordinating the Financial Literacy Conference.
Executive Director Michael Drulis participated in a panel discussion on the importance of financial literacy. Drulis was joined by Wayne Smith, Community/Business Development Specialist, BCB Community Bank, and Sunny Newsome, Founder of Teach Everyone About Money, LLC. The panel answered questions from the audience regarding credit, student loans, credit cards, and cyber security.
Dear NJCFE Members
NJCFE and NJSaves have had funds granted for the 2015 NJSaves Campaign. After receiving a record 57 America Saves Week Proposals, NJSaves has been granted nearly $1000 in support!
Dear Jump$tart National Partners and Friends,
On the Jump$tart website, just under Announcements and Important Resources, we’ve added a box to highlight Jump$tart national partners. Every time you visit the website or refresh the page, a new partner will appear in the box in a random rotation.
We’re pleased to have this small but meaningful opportunity to recognize and call attention to the great efforts of our national partners.
Thank you for all that you do!
Dear NJCFE Members:
We are very pleased to announce that effective October 31st, we will change our trade name from Novadebt to Navicore Solutions.
While our name has changed, our mission remains the same. There have been no changes to our management or staff, our contact information, our organizational status or our existing programs and services. Our current operating structure will remain the same, as will the level of dedicated service and collaboration our partners and friends have depended on since 1991.
Our official corporate name, Garden State Consumer Credit Counseling, Inc. will remain intact; however, Navicore Solutions will serve as the trade name and brand for the organization and our programs and services going forward.
Helping people navigate life’s challenges is at the core of everything we do. Navicore Solutions clearly conveys our mission and also reflects the expansion of our compassionate counseling solutions beyond financial guidance to include programs in the areas of health and wellness and family services.
We are proud to share the Navicore Solutions logo below, which symbolizes the accomplishment our clients express when they reach their goals. As a nonprofit organization, it means everything to us when we help a client become debt-free, remain in their home and in many cases, simply take that important first step toward financial stability. It’s why our counselors and staff are so passionate about their work and the individuals and families we serve every day.
We look forward to continuing our work together. Our hope is that you share our excitement as we continue to diversify our program and service offering in order to help more individuals and families across the country. If you have any questions, please don’t hesitate to let us know.
Junior Achievement of NJ President Catherine Milone Receives Junior Achievement USA’s Most Prestigious Honor
Catherine Milone, President of Junior Achievement of New Jersey (JANJ), recently received the 2014 Charles R. Hook Award at the annual Junior Achievement USA(r) National Leadership Conference in Pittsburgh. Selected each year from 115 JA Area presidents, the Charles R. Hook award is presented to the JA Area president whose professionalism and performance has promoted the growth and development of JA through one of its local operations in the United States.
NJCFE Grants Liaison and Board of Director member Barbara O’Neill hosted a Financial Education Boot Camp on July 30 that focused on financial education for educators, providing counseling and materials for use in the classroom and the community. Gary Diggs, NJDOE Education Program Specialist and a regular speaker at NJCFE meetings, began the day thanking Affinity Credit Union, who sponsored the meeting space at the Raritan Valley Community College, and other sponsors such as the NJCFE and New Jersey Council for Economic Education for not only making the event a reality but contributing to the success of the event. Mr. Diggs provided the introduction for Dr. Barbara O’Neill.
In February, we wrote to tell you about some upcoming changes to the services we provide at Social Security offices across the country. That letter notified you that, after consultation with stakeholders and feedback from agency colleagues, we changed the initial date of implementation from February 1, 2014 to October 1, 2014 to help the public adjust to this change and to allow additional time to conduct outreach and provide education to our customers on the alternate, more convenient services that we offer.
Now, to ensure there are no detrimental consequences to those we serve, we have decided to continue to provide benefit verification letters in our field offices until further notice.
We believe that agencies with existing data exchanges with us should not disadvantage members of the public by needlessly sending them into our offices when they have the information readily available, and we further believe that the public will find the convenience of obtaining the information online much easier and faster than making the trip to an office.
We realize, however, that change does not come quickly or easily. Therefore, we will continue to conduct and expand our outreach and education with the public, as well as with our Federal, State, Tribal, and local partners, while continuing to provide our customers the information they need. This will enable everyone to get more accustomed to using our online tools and data exchanges. We will revisit implementation of this change periodically as we assess the impact of our outreach activities.
For security and privacy reasons, we will move forward with our plans to eliminate the issuance of Social Security number printouts in our field offices effective August 1, 2014.
Click here to see Deb Figart the NJCFE Vice Chair’s article recently published in the International Journal of Pluralism and Economics Education!
The New Jersey Coalition for Financial Education (NJCFE) Vice Chair
Deborah Figart recently co-authored with Susan Niemiec, compliance
manager for Novadebt, Garden State Consumer Credit Counseling, a
poignant editorial on student loans featured in the Star-Ledger. The
editorial highlights the rising rate of debt resulting from student
loans and takes a proactive stance in alleviating student loan debt
through debt management and financial education. To read the full
article click here.