New campaign in Hattiesburg encourages residents to save money - WDAM-TV 7-News, Weather, Sports-Hattiesburg, MS

New campaign in Hattiesburg encourages residents to save money

Money graphic Money graphic
HATTIESBURG, MS (WDAM) -

The city of Hattiesburg has launched a new campaign to encourage city residents and workers to save money.

Valerie Arnold, assistant to the mayor, said along with naming Feb. 22-27 as Hattiesburg Saves Week to "encourage residents to save money, reduce debt and build wealth," the city is also launching a a new component to the Mayor's Financial Education program that focuses on kindergarten-aged children.

"We want kids to start saving money early on, and we also want to introduce the concept of a vocation or college for our kids at a young age," Arnold said, "They're very informative at the age of, what, five when they go to kindergarten, so if we start early with teaching them financial literacy, teaching them the importance of education, that mindset is already there."

Arnold said this is the start of the city's initiative to set up a children's savings account for low-income children living in Hattiebsurg. She said several cities across the country have similar savings account programs.

This week, the city is placing five-gallon water jugs in city offices to encourage employees to donate their change to start collecting money for the children's savings account. Arnold said the program is still in the early stages, but once an account is set up, the change will be placed in that account. 

Copyright WDAM 2016. All rights reserved.

  • Local NewsLOCALMore>>

  • LIST: School closings in the Pine Belt

    LIST: School closings in the Pine Belt

    Tuesday, January 16 2018 6:23 PM EST2018-01-16 23:23:34 GMT
    Photo credit: Raycom Image Bank School bus graphicPhoto credit: Raycom Image Bank School bus graphic

    Several schools and school districts in the Pine Belt are making schedule changes ahead of possible winter weather Tuesday. 

    More >>

    Several schools and school districts in the Pine Belt are making schedule changes ahead of possible winter weather Tuesday. 

    More >>
  • Wintry precipitation moving through Pine Belt

    Wintry precipitation moving through Pine Belt

    Tuesday, January 16 2018 5:41 PM EST2018-01-16 22:41:57 GMT
    Winter weather advisories are now effect for the entire WDAM viewing area until midnight Wednesday. (Photo source: NWS Jackson)Winter weather advisories are now effect for the entire WDAM viewing area until midnight Wednesday. (Photo source: NWS Jackson)

    Parts of the Pine Belt are seeing a mix of wintry precipitation roll through the area. Winter weather advisories are in effect for the entire WDAM viewing area until midnight Wednesday.

    More >>

    Parts of the Pine Belt are seeing a mix of wintry precipitation roll through the area. Winter weather advisories are in effect for the entire WDAM viewing area until midnight Wednesday.

    More >>
  • Highlights: Jefferson Davis MLK Classic

    Highlights: Jefferson Davis MLK Classic

Powered by Frankly