Be Smart With Your Money

To achieve homeownership, you must know how to manage your money and how to avoid the many predatory lenders who take advantage of consumers. In Michigan, the Governor has declared April Smart Money month, and the Detroit Branch of the Federal Reserve Bank of Chicago has joined with 29 local organizations to create Money Smart Week.

Members of the Money Smart Advisory Council (MAC) will provide a variety of personal finance seminars and events during Money Smart Week, April 22-30. The goal is to provide education aimed primarily at the elderly, those without bank accounts, and children. For event listings, see our April calendar Information about events is also available from the Federal Reserve (

Michigan’s first Money Smart Week is focused on the greater metropolitan Detroit area, defined as Lapeer, Macomb, Monroe, Oakland, St. Clair, Washtenaw, and Wayne counties. In the future, MAC hopes to expand its efforts to Lansing and other population centers such as Alpena, Bay City, Flint, Grand Rapids, Kalamazoo, Saginaw, and Traverse City.

Content Archived: August 3, 2011