A recent survey by the FINRA Investor Education Foundation* revealed that more than half (58 percent) of Indiana workers are barely able to financially survive between paychecks. The national average is 55 percent. The same survey also revealed that “Hoosiers underperformed the nation in financial literacy.”

For more findings of the “State-by-State Financial Capability Survey,” visit www.usfinancialcapability.org.

Are you one of the Hoosiers who is living paycheck-to-paycheck? Fifty-eight percent represents Hoosiers who cannot afford to deal with an unexpected financial emergency. There are Hoosiers who may have more debt than resources and/or who are not wisely managing the financial resources they have.

Are your children, grandchildren, parishioners, pastors, clergy families included in this percentage? Richard Ketchum, chairman of the foundation that was instrumental in developing the survey states: “This study highlights how important improving financial education is for Americans, especially during times of financial insecurity. “

Let’s change the numbers!

Through the Rejuvenate Project, United Methodist clergy and lay families of the Indiana Conference can find assistance with the breaking of the cycle of financial illiteracy, hyper-consumerism and poor financial choices. Through Rejuvenate’s educational resources for clergy and laity plus grants for clergy, clergy and lay families can begin the process of becoming financially literate.

The Rejuvenate Project confronts the economic challenges clergy and laity face with financial illiteracy and assists both clergy and laity with a positive stewardship lifestyle.

Visit Rejuvenate’s website www.rejuvenateindiana.org and click on 2011 Educational Opportunities. Then register for a class or classes that will assist you in becoming financially literate and financially free. Register now, not only for your sake, but for the sake of the next generation of Hoosiers within and beyond your family and church walls. Clergy who have the status of Elder, Deacon, Provisional Elder, Provisional Deacon or Local Pastor are eligible to apply for Rejuvenate grants.

Michelle Cobb serves as project director of the Indiana Conference Rejuvenate Project. She can be reached by phone at 317-924-1231 or by e-mail at michelle.cobb@inumc.org.

*The U.S. Department of the Treasury and the President’s Advisory Council on Financial Literacy consulted with the FINRA Investor Education Foundation in the creation of the survey.