In recognition of Financial Literacy Month and as part of its commitment to financial health and education, Churchill Mortgage announced a nationwide sweepstakes, which will give one lucky winner $5,000. Officially established in 2004, Financial Literacy Month is celebrated every April and is dedicated to teaching Americans how to establish and maintain healthy financial habits.
Emphasizing the need for financial education, the National Financial Educators Council recently surveyed 2,409 people on what high school-level course would benefit them the most. An overwhelming 54 percent selected “Money Management (Personal Finance)”.
“More than 30 percent of Americans have no cash reserves and are living paycheck-to-paycheck, while consumer debt is currently more than $2 trillion. This highlights the troubling discrepancy between what people are spending and saving,” said Mike Hardwick, president of Churchill Mortgage. “Financial Literacy Month highlights this issue and is a great opportunity for us to improve individuals’ financial situations by guiding them with the heart of a teacher and providing resources to help them achieve financial freedom.”
Registration for Churchill Mortgage’s $5,000 giveaway is open until May 5 and available to U.S. residents 18 and older (excluding New York).
Founded in 1992, Churchill Mortgage operates with zero debt and focuses on providing borrowers with a personalized path to debt-free homeownership. The result is an educated borrower that chooses the right home and builds wealth over time through a smarter mortgage.