Money Smart - A Financial Education Program

:012: Not so sure I want MONEY Advice from our Government right now... :081: Money Smart - A Financial Education Program The Federal Deposit Insurance Corporation (FDIC) recognizes the importance of financial education, particularly for people with little or no banking experience. That's why

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    Star Money Smart - A Financial Education Program

    Not so sure I want MONEY Advice from our Government right now...

    Money Smart - A Financial Education Program

    The Federal Deposit Insurance Corporation (FDIC) recognizes the importance of financial education, particularly for people with little or no banking experience. That's why we created Money Smart, a training program to help adults outside the financial mainstream enhance their money skills and create positive banking relationships.

    FDIC: Money Smart - A Financial Education Program


    Financial education fosters financial stability for individuals, families, and entire communities. The more people know about credit and banking services, the more likely they are to increase savings, buy homes, and improve their financial health and well being. The Money Smart curriculum helps individuals build financial knowledge, develop financial confidence, and use banking services effectively.

    The Money Smart program may be used by financial institutions and other organizations interested in sponsoring financial education workshops. Collaboration is important to the success of any education effort. The FDIC encourages banks to work with others in their communities to deliver financial education and appropriate financial services to individuals who may be unfamiliar with the benefits of having a relationship with an insured depository institution.

    The Money Smart program can help banks fulfill part of their Community Reinvestment Act obligations. The Community Reinvestment Act of 1977 (CRA) encourages federally insured banks and thrifts to help meet the credit needs of their entire community, including areas of low-and moderate-income. When a bank's CRA performance is reviewed, the institution's efforts to provide financial education and other retail services are a positive consideration.

    Money Smart is available in two versions: an instructor-led version and a computer-based instruction (CBI) version. Both versions consist of the same 10 modules.

    The instructor-led version of Money Smart is for those who plan to teach financial education to others in English, Spanish, Chinese, Korean, Vietnamese, or Russian. A version for the visually impaired is also available.

    Each of the 10 modules is structured in an identical manner and includes:

    * A comprehensive, fully scripted guide for instructors. The guide includes everything necessary to start teaching the program, including easy to follow cues, script, and interactive class exercises.
    * Overheads, in Word and PowerPoint format.
    * Take-home guide for participants.

    Each module takes between 1-2 hours of classroom time to teach. The modules may be taught in any order or combination.

    The CBI version enables individuals to complete Money Smart at their own pace on a computer in English or Spanish. The CBI is available online or can be ordered on CD-ROM.

    The FDIC provides the Money Smart curriculum to interested parties free of charge. A limited number of copies are available to each party; however, the materials are easily reproduced and have no copyright restrictions.

    FDIC staff is available to provide technical assistance and to help facilitate partnerships among interested parties.

    The 10 Money Smart Training Modules

    Bank on It
    an introduction to bank services

    Borrowing Basics
    an introduction to credit

    Check It Out
    how to choose and keep a checking account

    Money Matters
    how to keep track of your money

    Pay Yourself First
    why you should save, save, save


    Keep It Safe
    your rights as a consumer

    To Your Credit
    how your credit history will affect your credit future

    Charge It Right
    how to make a credit card work for you

    Loan To Own
    know what you're borrowing before you buy

    Your Own Home
    what home ownership is all about

    Last Updated 03/25/2008 CommunityAffairs@fdic.gov

    Home Contact Us Search Help SiteMap Forms
    Freedom of Information Act (FOIA) Service Center Website Policies USA.gov
    FDIC Office of Inspector General
    ~Enjoy!~

    FreebieQueen

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    LOL
    Can't hurt to see what they have to say, might be able to save a little. Maybe the Government needs to take their own advice. . .
    Thanks,
    Kim

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