Summit Credit Union’s Project Money – Part 1
If you live and work in Madison, Wisconsin like I do, you’ve probably heard of Project Money from Summit Credit Union (even if you don’t live here, you probably have heard of it!). It’s on the news, billboards, social media and talked about a lot due to its uniqueness and mission. Why? It’s a seven-month competition that changes people’s financial lives for starters. I recently checked in with Amy Crowe, Financial Education Specialist (and CUDE) at Summit Credit Union, about the program to learn more:
What is Project Money?
Summit Credit Union (Summit) Project Money is a financial education program that teaches and empowers people to take control of their finances with the guidance of a financial coach.
Four participants work with their coach to set goals, increase their savings and reduce their debt over 7 months. The participant with the most change is the winner of $10,000. The other three participants each receive $2,500.
Throughout the seven month journey, we document each team’s progress for the entire community to see and learn from on our website at www.summitcreditunion.com/projectmoney and with our television partner, NBC15 in Madison. The community can follow their stories and candid conversations by checking out the Project Money blogs, videos, interviews, Facebook posts and tweets.continue reading »