Purse Strings: Helping Women Take Control of Their Financial Lives

Date : 03/24/2008 @ 8:00AM
Source : PR Newswire
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Purse Strings: Helping Women Take Control of Their Financial Lives

Inaugural Charity Event for Consumer Credit Counseling Service of Greater Atlanta to Promote Women's Financial Health

ATLANTA, March 24 /PRNewswire/ -- More than 100 handbags, wallets and accessories from well-known designers, local artists and boutiques will be up for bid at the inaugural "Purse Strings" charity benefit. The silent auction will be held from 6:00 to 8:30 p.m. on Wednesday, April 30, at the Biltmore Ballrooms in midtown Atlanta. It will benefit Consumer Credit Counseling Service (CCCS) of Greater Atlanta, Inc., a nonprofit organization dedicated to helping individuals and families achieve financial stability.

"Our goal for Purse Strings is to raise funds to provide valuable education and counseling programs for women and young adults," said Suzanne Boas, CCCS president. "We also hope to raise awareness of the need for women to take charge of their financial future."

Belinda Stubblefield, owner of WineStyles and a member of the agency's board of directors, is chair for the event. Lani Wong, executive director and chair of the National Association of Chinese Americans, and Martha Greenway, chief planning and development officer of Fulton County Schools, are the co-chairs.

Members of the "Power of the Purse" host committee include: Suzanne Sitherwood, president of Atlanta Gas Light; State Representative Kathy Ashe; Pin Pin Chau, retired chief executive officer, Summit National Bank; Stacey Davis Stewart, senior vice president, Fannie Mae Office of Community and Charitable Giving; Ingrid Saunders Jones, senior vice president, The Coca-Cola Company and chairperson, The Coca-Cola Foundation and Shirley Mitchell, senior vice president, market development, Bank of America.

"Now, more than ever, it is important for women to learn how to take control of their own Purse Strings to ensure their financial future," said Stubblefield. "The majority of CCCS' clients are low-income women, and I became involved with this event to raise awareness and funding to help provide sustainable solutions."

Fannie Mae is the presenting sponsor of the Purse Strings event. Other sponsors include AT&T, radio stations V-103 FM, WAOK-AM and B98.5 FM, Affairs to Remember, Atlanta Gas Light, CBS Outdoor, Powell, Goldstein LLP, Berry & Associates and Pin Pin Chau. For more information about the event, contact Megan Cutts at (404) 260-3107 or e-mail .

In 2007, more than 400,000 individuals received credit counseling or attended educational classes from CCCS as they sought help to pay down credit card debt, avoid foreclosure and determine if they needed to file for bankruptcy.

About CCCS

Consumer Credit Counseling Service of Greater Atlanta is a 501(c)3 nonprofit community-service agency that provides confidential budget counseling, money management education, debt management programs, bankruptcy counseling and education, and comprehensive housing counseling. The agency serves more than 400,000 individuals annually from all 50 states that are primarily from low- and moderate-income households.

Consumers can speak to counselors in English and Spanish 24 hours a day, 365 days a year, by phone at 1-800-251-CCCS, and also access the agency's web sites, http://www.cccsinc.org/ and http://www.cccsenespanol.org/ where live-chat counselors are available around the clock. The agency's web site also provides free interactive seminars and other online education courses through CredAbilityU.

DATASOURCE: Consumer Credit Counseling Service of Greater Atlanta

CONTACT: Scott Scredon of Consumer Credit Counseling Service of Greater

Atlanta, +1-404-653-8833,

Web site: http://www.cccsinc.org/

http://www.cccsenespanol.org/

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