Making Personal Finance Decisions (High School-Based Curriculum)
The Making Personal Finance Decisions curriculum of the Federal Reserve Bank of St. Louis teaches valuable personal finance lessons grounded in economic theory. The curriculum is divided into 10 themed units, with each unit containing two lessons. The twenty individual lessons employ a variety of teaching strategies designed to engage students in the learning process and equip them with the knowledge and skills necessary to make informed personal finance decisions.
Kiddynomics: An Economics Curriculum for Young Learners (Youth-Based Curriculum)
This curriculum from the Federal Reserve Bank of St. Louis is a set of lessons designed to introduce young children to the economic way of thinking. Informed decision-making is a critical thinking skill that students can use throughout their school, personal, and work lives. And, as citizens in a democratic society, they should understand basic principles of how the economy operates. Beginning economic education early and building on that learning throughout students’ education is the best way to ensure they develop vital decision-making skills.
NAFSA's Financial Literacy Playlist (Learning Modules)
The Native American Financial Services Association mission is to advocate for tribal sovereignty, promote responsible financial services, and provide better economic opportunity in Indian Country for the benefit of tribal communities. Lack of financial literacy and education is a major problem in the United States. As a result, NAFSA provides this content as a resource that encourages all people to take control of their finances and empowers them to understand how their finances work. This site contains six modules, including a Youth Financial Toolkit.
It is well known among employers that a lot of employees struggle with stress -- including financial stress -- at work. Since financial education may be difficult for employers to provide, this article shares six steps you can take to get started on financial education in the workplace.
When it comes to retirement planning, most clients fail to realize that their children have a significant role to play on their “retirement team.” While addressing their kids’ needs is a core element of most clients’ financial plans, they tend to focus only on education costs and helping their kids achieve independence. The reality is that clients’ kids can be a significant asset in helping them achieve a secure retirement—but only if they invest early on in teaching their children about critical financial concepts and values. This article includes four important tips to facilitate that learning process.
Being financially educated means you know how you spend your money. In fact, you have a plan for what and where you spend. But being financially empowered means you have control over your money. Here are some tips to help get you there.
As Native populations grow rapidly, tribal leaders are challenged as never before to provide their members decent housing. Expanding homeownership is a huge part of the solution for reservations and Indian areas, but until recently lenders just didn't extend home loans in Indian Country. This handbook is the essential guide to understanding a process that has so much potential but is still in its infancy. The handbook is your guide to the new mortgage programs (government and private), the new kinds of lenders (loan funds, Native CDFIs), and the new energies that are transforming Indian housing.
As educators, saving and investing may feel like the least of your concerns. But knowing how to secure your financial well-being is one of the most important things you’ll ever need in life. Luckily you just need to know a few basics, form a plan, and be ready to stick to it. In this brochure, we cover the basics on managing debt and credit, saving and investing, and planning for retirement. This brochure also discusses how you can help protect yourself from fraud.
MyMoney.gov is the U.S. Treasury’s website dedicated to teaching all Americans the basics about financial education. MyMoney.gov has several resources ranging from buying a home, balancing a checkbook, or investing in a 401(k), these resources can help maximize an individual’s financial decision.
Bank of America and the Khan Academy have created financial education collaboration. The online program will allow consumers with free, self-paced, easy-to-understand resources to develop better money habits.
Money As You Grow (Website)
Money As You Grow was created by an initiative from the President’s Advisory Council on Financial Capability and offers a range of age appropriate financial lessons along with activities. This website prepares children with the knowledge needed to live positive fiscal lives.
Money As You Learn (Website)
Money As You Learn provides educational tools to incorporate personal finance into the Common Core State Standard in Mathematics and English Language Arts and other classes as well as after-school programs. The information provides students with core personal finance knowledge and proficiency. The tools given help students enhance problem solving, research, and analysis skills.
Money Matter$ Make It Count (Website)
Money Matters promotes financial responsibility and independence among ages 13-18. Participants learn how to manage a checking account, create a budget, save and invest, start small businesses, and pay for college.
TD Bank – WOW!Zone (Website)
The TD Bank WOW!Zone is a comprehensive financial literacy program. TD Bank’s goal is to provide children and teens with information about money, savings, banking, and investing. The program is designed to be interactive, educational, and fun. TD Bank WOW!Zone lesson plans are supported with activities that are age appropriate for grades K-12.
HelloWallet examines the user’s financial information and places the information into charts. This allows the user to set financial goals and track progress. HelloWallet monitors the users spending behavior patterns and offers suggestions based off the patterns. HelloWallet is available as an Internet application and mobile application. The application is free to download but the user needs an account to access HelloWallet. The cost to be an account holder is $8.95 a month.
Mint is a free online resource that pulls together the user’s financial accounts into on place. The website allows the user to track bank, credit card, investment, loan transactions, and balances through a single user interface. Mint is available as a mobile app in the Apple App Store and in Google Play. The Mint app allows a user to organize their spending into categories (i.e. restaurants, gas, groceries). The user is able to set a budget based on these categories and keep track how well they stick to their budget and where money is overspent.
USET: Financial Education Resources (Website)
A comprehensive list of Financial Education Resources.
Supporting the Unique Role of Tribal Government and Community Leaders to Improve Financial Capability (2015) was produced to help inform the President’s Advisory Council on Financial Capability for Young Americans (PACFCYA). It highlights examples of what tribal government and community leaders are doing to improve financial capability in their communities. It also presents federal policy recommendations that will support the work of tribal governments and their partners in their efforts to improve the financial capability of tribal citizens.
The guide was created by the President’s Advisory Council on Financial Capabilities as an inspiration to regional, state, tribal, and local leaders to initiate financial literacy in communities.
Consumer Financial Protection Bureau (Website)
The Consumer Financial Protection Bureau (CFPB) mission is to make markets for consumer financial products and services work for Americans — whether they are applying for a mortgage, choosing among credit cards, or using any number of other consumer financial products. CFPB is an independent agency of the U.S. government responsible for consumer protection in the financial sector. Its jurisdiction includes banks, credit unions, securities firms, payday lenders, mortgage servicing operations, foreclosure relief services, debt collectors, and other financial companies operating in the U.S. The CFPB works to educate, enforce and study about consumer financial protection.
Federal Deposit Insurance Corporation (Website)
The FDIC is a United States government corporation that operates as an independent agency, providing deposit insurance guaranteeing the safety of a depositor’s account. The FDIC also examines and supervises certain financial institutions for safety, performs consumer protection functions, and manage banks in receiverships. The FDIC provides access to resources to educate and protect consumers, revitalize communities, and promote compliance with the Community Reinvestment Act and fair lending laws.
Federal Reserve Bank (Website)
The Federal Reserve System is the central bank of the United States. The 12 Federal Reserve Banks form a major part of the Federal Reserve System. The main Federal Reserve website provides useful information for consumers and also on community development. A number of the Federal Reserve banks work extensively in Indian Country on consumer issues and community development.
Federal Trade Commission (Website)
The Federal Trade Commission (FTC) is a bipartisan federal agency with a mission to protect consumers and promote competition. FTC is dedicated to advancing consumer interests while encouraging innovation and competition in the American dynamic economy. In addition to consumer tips and advice on their website, the FTC also offers (see below.)
Investor.gov is an online resource of the SEC that helps individuals invest wisely and avoid fraud. The Office of Investor Education of the SEC produces information to help individuals become a better-educated investor, it offers educational seminars, annual teacher training program focused on financial education, and partners with federal agencies, state regulators, and other investor literacy initiatives.
Office of the Comptroller of the Currency (Website)
The Office of the Comptroller of the Currency (OCC) is to charter, regulate, and supervise all national banks and federal savings association. The OCC produces a directory that provides information on financial literacy resources, issues and events that are important to bankers, organizations, and consumers of all ages. The directory includes descriptions and contact information for a sampling of organizations that have undertaken financial literacy initiatives as a primary mission, government programs, fact sheets, newsletters, conference materials, publications, and links to Web sites. To link to the directory, click on the link to the right and type in “financial education” in the Search box.
TreasuryDirect is run by the United States Treasury and allows American individuals investors to purchase Treasury securities from the United States government. The website allows money to be deposited from and withdrawn to personal bank accounts, and allows rolling repurchase of securities as the currently held item mature.
U.S. Department of Agriculture (Website)
The U.S. Department of Agriculture is the U.S. federal executive department responsible for developing and executing federal government policy on farming, agriculture, forestry, and food. The Department of Agriculture aims to meet the needs of farmers and ranchers, promote agriculture trade and production, work to assure food safety, protect natural resources, foster rural communities, and end hunger in the United States and abroad.
U.S. Department of Labor (Website)
The U.S. Department of Labor is a cabinet level department of the U.S. federal government and is responsible for the occupational safety, wage and hour standards, unemployment insurance benefits, re-employment services, and some economic statistics. The Department of Labor has deemed financial education, asset development, and work & tax incentives critical to improving the economic self-sufficiency of all workers, and maybe important for people with disabilities as well.
U.S. Department of Treasury (Website)
The Treasury Department is the executive agency responsible for promoting economic prosperity and ensuring the financial security of the United States. The role of the Treasury is the steward of the U.S. economic and financial systems, and as an influential participant in the world economy. The Treasury Department. Treasury offers many financial education resources (see link) in addition to the MyMoney.gov website. Treasury also oversees the President’s Advisory Council on Financial Capability for Young Americans and the Financial Literacy and Education Council.
U.S. Securities and Exchange Commission (Website)
The U.S. Securities and Exchange Commission (SEC) mission is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation. The SEC Office of Investor Education and Advocacy offers many resources and also the website below: www.investor.gov.
U.S. Small Business Administration (Website)
The Small Business Administration (SBA) was founded on July 30, 1953 and provides support to entrepreneurs and small businesses. SBA has delivered millions of loans, loan guarantees, contracts, counseling sessions and other forms of assistance to small businesses. SBA provides assistance primarily through four programmatic functions: Access to Capital (Business Financing), Entrepreneurial Development (Education, Information, Technical Assistance and Training), Government Contracting (Federal Procurement), and Advocacy (Voice for Small Business).
AARP, Inc (Website)
AARP, Inc. is a nonprofit, nonpartisan organization with a membership of more than 37 million. It is a membership organization for people age 50 and over. AARP advocates for consumers in the marketplace by selecting products and services of high quality and value. AARP is a trusted source for lifestyle tips, news and educational information, and produces AARP The Magazine.
American Bankers Association (Website)
The American Bankers Association is the voice of America’s $13 trillion banking industry, representing banks of all sizes and charters, from the smallest community bank to the largest bank holding companies.
The Aspen Institute (Website)
The Aspen Institute is an educational and policy studies organization based in Washington, DC. Its mission is to foster leadership based on enduring values and to provide a nonpartisan venue for dealing with critical issues.
Black Enterprise (Website)
Black Enterprise is the premier business, investing, and wealth-building resource for African Americans. Black Enterprise has provided essential business information and advice to professionals, corporate executives, entrepreneurs, and decision makers.
Council for Economic Education (Website)
The Council for Economic Education (CEE) is a non-profit organization that delivers economic education and financial literacy to K-12 students. The CEE focuses on six subject areas: 1.) Earning income 2.) Buying goods and services 3.) Saving 4.) Using credit 5.) Financial investing 6.) Protecting and insuring assets.
Community Financial Education Foundation (Website)
The Community Financial Education Foundation’s mission is to educate the American public and reach underserved communities by teaching meaningful financial life skills, encouraging positive financial behaviors, and providing access to outcome-based, educational resources over the long-term. The Community Financial Education Foundation (CFEF) is a non-profit 501(c)(3) national financial literacy foundation based in Washington, DC. Founded in 2007, CFEF expanded the scope of the founders’ vision and now offers free financial education workshops across the spectrum of personal finance topics. CFEF reaches underserved community groups across America and those in need of getting started or back on track to financial responsibility. We promote this initiative as “My Starting Point”.
Click To Empower – The Allstate Foundation (Website)
Research shows a factor that explains why domestic violence continue their relationship with their abuser is the lack of financial understanding and financial resources.” Economic abuse” affects many women each year and prevents victims from obtaining and using financial resources. The Allstate Foundation has taken action to address economic abuse by providing domestic violence survivors with financial knowledge, skills, resources, and economic empowerment.
Charles Schwab Foundation (Website)
The Charles Schwab Foundation is a private, non-profit organization fashioned by The Charles Schwab Corporation. The organization aids individuals and families through the support of financial education, volunteerism, and advocacy.
Consumer Federation of America (Website)
The Consumer Federation of America (CFA) is an association of non-profit consumer organizations that was established in 1968 to advance the consumer interest through research, advocacy, and education.
Economic Awareness Council (Website)
The EAC is a non-profit organization whose mission is to prepare students and families for financial decisions they will make. The EAC’s objective is financial education in the areas of saving, budgeting, banking, credit, investing, and business. The EAC provides financial education from kindergarten through college and to families.
Financial Services Roundtable (Website)
The Financial Services Roundtable (FSR) is the leading advocacy organization for America’s financial service industry. Members of FSR include bank, insurance, asset management, finance and credit card companies whom FSR helps to understand policies regulations, and provide input to help shape them.
Jump$tart Coalition for Personal Financial Literacy (Website)
The Jump$tart Coalition for Personal Financial Literacy is a non-profit coalition that seeks to enhance financial literacy among students starting from pre-kindergarten throughout college age individuals. Jump$tart’s primary goal is to equip the youth with the skills of positive financial decision-making.
Junior Achievement (Website)
Junior Achievement is a non-profit youth organization founded in 1919. Junior Achievement works with local businesses and organizations to deliver experiential programs on the topics of financial literacy, work readiness, and entrepreneurship to students in kindergarten through high school.
Khan Academy (Website)
The Khan Academy is a non-profit educational website founded by Salman Kahn, a graduate of MIT and Harvard Business School. The mission of the Khan Academy is to provide “a free world-class education for anyone anywhere”. The website features over 700 micro lectures and tutorials in the subjects of mathematics, history, healthcare, medicine, finance, physics, chemistry, biology, astronomy, economics, cosmology, organic chemistry, American civics, art history, macroeconomics, microeconomics, and computer science.
National Endowment for Financial Education (Website)
The National Endowment for Financial Education (NEFE) is a nonprofit foundation with the purpose to improve knowledge and awareness about financial matters among Americans. NEFE provides a myriad of free information and toolkits to equip individuals with the necessary skills to take control of their financial future.
NeighborWorks America (Website)
NeighborWorks America is a congressionally chartered nonprofit organization that supports community development in the United States. NeighborWorks America provides grants and technical assistance to 235 U.S. community development organizations and provides training through its national training institutes.
Network for Teaching Entrepreneurship (Website)
The Network for Teaching Entrepreneurship (NFTE) delivers programs that inspire youth from low-income communities to stay in school, to recognize business opportunities and to plan for successful futures. NFTE is a classroom-based program that uses entrepreneurship curricula that teaches math and literacy skills in the context of building a business plan.
Operation HOPE, Inc. (Website)
Operation HOPE, Inc. is a non-profit organization that provides financial literacy empowerment for youth, financial capability for communities, and ensuring financial dignity for all. OPI works within America’s inner city communities and in global communities.
Aflatoun – Child Savings International (Website)
Aflatoun – Child Savings International is a non-governmental organization (NGO) that provides educational outreach to children, teaches children about their rights and responsibilities, and delivers financial education resources. Aflatoun empowers children to make positive financial changes in their life that hopefully in the future will break the cycle of poverty. Aflatoun was founded by Jeroo Billmoria, a social entrepreneur and the founder of several award-winning international NGOs.
Grameen Foundation (Website)
The Grameen Foundation is a global non-profit organization that works to expand and replicate the Grameen Bank microfinance model around the world through a global network of partner microfinance institutions. The mission of the Grameen Foundation is, “To enable the poor, especially the poorest, to create a world without poverty”.
The World Bank Group (Website)
The World Bank Institute launched a Global Program on Consumer Protection and Financial Literacy with the objectives to make financial literacy more understandable, refine business practices, help consumers revolve issues when a financial institute makes a mistake, and build financial confidence. The website features resources and country reports.