Financial Literacy

ABA: Foundation Launches Social Media Contest for Lights, Camera, Save! Finalists

Cast your vote for ‘Savers’ Choice’ by Feb.20 The American Bankers Association Foundation is hosting a social media contest to allow viewers nationwide to vote for their favorite Lights, Camera, Save! video entry. Lights, Camera, Save! is an annual video contest that encourages teen participants to produce a short film that communicates the importance of…

CFPB: Make a Plan to Save Some of Your Tax Refund

Making a plan to save at tax time The start of the New Year means its tax season again. As you gather your tax records and prepare to file, why not use this annual responsibility to take another step towards building financial security for yourself or your family? For many Americans, a tax refund is…

ABA: America’s 2 Million Bankers Encouraged to Register for ABA Foundation’s 2019 Financial Education Initiatives

ABA Foundation programs call for banker volunteers to join growing, industry-wide efforts designed to help local communities The American Bankers Association Foundation today launched its 2019 financial education registration campaign, calling on banker volunteers from across the country to register for a range of successful, industry-wide programs designed to enhance financial education in their local…

CFPB: Resolve to Take Control of Your Debt in the New Year

Many people make it their New Year’s resolution to get a handle on debt and improve their finances. Here are six steps you can take to make that resolution a reality. 1. Budget Creating a budget will help you figure out how much money you have to pay down your debts, while also covering your…

CFPB: The 2018 Financial Literacy Annual Report Sums Up a Year of Achievements in Financial Education

Financial education is a critical part of the Bureau’s mission to empower people to take more control over their economic lives. The 2018 Financial Literacy Annual Report details how the Bureau works toward this goal by: Providing financial education directly to the public, and by expanding local delivery of financial information Sharing research on effective financial…

FDIC: 2018 Version of Money Smart for Adults Released

The FDIC today released the 2018 version of its popular instructor-led Money Smart for Adults financial education curriculum. Instructors can use the fully scripted materials with minimal preparation to deliver unbiased, relevant, and accurate financial education. “The FDIC’s Money Smart for Adults helps people gain the knowledge, confidence, and skills to use banks more effectively…

CFPB: New Financial Education Resources to Help Teachers Bring Youth Financial Capability into the Classroom

As children grow, their potential to manage money and understand financial concepts grows as well. The knowledge, skills, and behaviors kids learn when they’re young lay the groundwork for their financial well-being as adults. Schools and teachers play a critical role in financial education. But, we know there are challenges to bringing financial education into…

CFPB: Build a Brighter Future by Saving at Tax Time

Saving money is not always easy, but having some savings provides people with the security needed to withstand economic shocks and plan for their future. Many people save automatically through a workplace retirement plan or by directly depositing money out of each paycheck into a savings account. But according to the Pew Charitable Trusts, more than…

ABA: Bankers Celebrate Get Smart About Credit Day, Promote Financial Literacy

Bankers visit classrooms across the country on Oct. 18 to teach credit education Bankers across the country are celebrating the American Bankers Association Foundation’s Get Smart About Credit Day today by visiting high school classrooms to teach teens how to use credit effectively. Get Smart About Credit Day, celebrated annually on the third Thursday of…

HUD: $47 Million in Housing Counseling Grants Awarded

Funding intended to help families find and keep their homes The U.S. Department of Housing and Urban Development (HUD) today awarded $47 million in housing counseling grants to help approximately 1 million households find housing, make more informed housing choices, or keep their current homes. See list of all counseling agencies awarded funding today. “HUD-approved…