Inmates at West Virginia's regional jails will soon be able to sign up for a financial education course designed to help them avoid becoming repeat offenders.
The course, developed by Financial Peace University, will stress critical skills such as eliminating and avoiding debt, maintaining a monthly budget, keeping checkbooks balanced and saving for emergencies. The regional jail authority will begin offering the four-week program to inmates serving sentences for misdemeanor convictions in November.
Financial Peace is the brainchild of personal finance/money management guru Dave Ramsey. Ramsey, a syndicated columnist and best-selling author, also hosts a radio show carried by more than 500 affiliates nationally with more than 8 million listeners.
“Offering Financial Peace University to our incarcerated population is another important step forward in West Virginia's Justice Reinvestment efforts,” Authority Executive Director Joe DeLong said. “We recognize that each of these inmates will return to their roles in society in the near future and I strongly believe Dave Ramsey's teachings will better position them to transition more successfully.”
The course will offer practical tools and skills, presenting a faith-based approach to address budgeting, debt, savings and other relevant topics.