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Tuesday, June 12, 2012

Financially Distraught San Francisco Wants to Help You Mange Your Money Better

Posted By on Tue, Jun 12, 2012 at 2:53 PM

click to enlarge Did we mention that S.F. is the worst-run city?
  • Did we mention that S.F. is the worst-run city?

Nobody asked us, but there's something incongruous about a broke-ass city like San Francisco doling out financial advice to anyone. 

But amid its own money troubles, namely that never-ending deficit, city workers with the San Francisco Treasurers Office are taking out some time today to teach all you financially troubled people out there how to manage your bank accounts.

Mayor Ed Lee is asking residents to call the S.F. Financial Advice Line starting at 4 p.m. today.  "Seasoned experts" -- as opposed to inexperienced experts -- will be on the other end of the line waiting to proffer tips on how to stay out of the red.

Huh. Can you save money by forcing your kids or roommates into furlough days? Call and find out!

Here's how Treasurer Jose Cisneros explains this new help line:

"Unemployment, rising expenses, and looming debts continue to affect many San Francisco families. By calling 211, San Franciscans can get critical information and referrals to dozens of organizations that will help them make sound financial decisions in uncertain times."

The S.F. Financial Advice Line is a project of the San Francisco Smart Money Network,a group of nonprofit service providers, philanthropic funders, and local public sector representatives dedicated to improving the provision of financial education services in San Francisco. The Network is led by the Office of the Treasurer and the Charles Schwab Foundation.

If you are desperate enough to get financial advice from the country's worst-run big city, then pick up the phone and dial 211 today. Did we mention it's free? So, yeah, you will definitely get your money's worth.

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About The Author

Erin Sherbert

Erin Sherbert

Bio:
Erin Sherbert has been Online News Editor for SF Weekly since 2010. She's a Texas native and has a closet full of cowboy boots to prove it.

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