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Mother 2 Daughter Financial Summit Helps Girls Strive For Economic Success

Miss Teen USA Logan West is featured speaker

WASHINGTON, March 7, 2013 /PRNewswire-USNewswire/ -- Moms, teens and tweens from the DC metro area will join Miss Teen USA Logan West, and other money experts to kick-off the 2013 Mother 2 Daughter Financial Summit, on Saturday, March 9, 2013 . The Financial Literacy Organization for Women and Girls (FLOW) is hosting the event. Founded in 2007, FLOW is dedicated to empowering young women and girls with the knowledge and skills necessary to make good economic decisions in a changing world economy.

As the event's featured speaker, Miss West will also lead the workshop "Beauty is only skin deep: The real tools for financial success," where girls will learn that being popular may seem important today but being money-smart is their true ticket to financial freedom and independence tomorrow. "This is a great opportunity to teach young girls the value of saving and protecting their money as early as possible. FLOW is committed to providing them the tools and resources necessary to do so. I am very proud to be a part of this event to empower girls to be wise with their money, and smart from the start," said Miss West.

Other featured speakers include: Cindy Hounsell, CEO, Women's Institute for a Secure Retirement (WISER); Michael Brathwaite, Vice President, Morgan Stanley, Co-Host Money-Talk; Arika Burton, NFEC, National Financial Literacy Ambassador; Karen Kokernak, Sr. Economic Education Specialist, The Federal Reserve Bank of Richmond; Dr. Azadeh Aalai, Contributor, Psychology Today; and Jennifer Leach, Consumer Education Specialist, The Federal Trade Commission.

According to a report from the FINRA Investor Education Foundation, women consistently score lower than men on measures of financial literacy.   The Women in America Report, a collaboration between the White House Council on Women and Girls, the Office of Management and Budget, and the Department of Commerce, found that women are particularly vulnerable to financial insecurity.  As most girls learn their financial skills from mom, FLOW's aim is to boost the financial literacy quotient of both moms and girls.  

The 2013 Mother 2 Daughter Summit will focus on girls making thoughtful and responsible decisions about spending, saving, and borrowing.  Girls will also learn how to deal with media influences and peer pressure on their spending habits, while their moms receive an overview of a shifting global market system and the impact it will have on their daughters.   Mom's session will wrap-up with lessons on avoiding financial pitfalls that threaten a woman's financial security. The Summit is a warm-up to a finance boot camp FLOW is planning for girls this summer.

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