Greater Valdosta United Way Offers Finance Classes
Did you know that Georgia is one of the highest states that files for bankruptcy? In July, Georgia’s bankruptcy rate increased to 4.31%, whereas the average national rate is 2.5% per 10,000 people.
In response to those statistics, Valdosta’s United Way will be offering a way to help the community manage its finances better through some financial classes created by a partnership with CBC Bank. CBC Bank developed a multi-year financial plan to teach financial understanding classes in United Way’s new financial training facility.
Greater Valdosta United Way has moved into an house located at 1609 N. Patterson Street Valdosta, GA 31602, and it is over 100 years-old. The mother-in-law suite behind the house has been converted into that new training facility.
Other contributors to the program include the Harley Langdale Jr. Foundation, South Georgia Construction and Consulting, Lee Office Equipment, Mackey Lumber Company, Kindred Development, Traditions, Stateline Garage Doors and Specialties, Inc., High Definition Interior, LLC, and the HomeBuilders Association of South Georgia.
The United Way Executive Director Michael Smith states that the classes will serve as a way to teach important information such as why credit scores matter, designing a resume, and how to make better financial decisions.
At this time, the Greater Valdosta United Way is planning the details for the classes but Smith said he hopes to have the first one ready in the coming months.