Financial Literacy

Nobody knows enough about money. One suggestion is to spend 30 minutes every day reading and learning about money, how to manage yours and what other people - government, financial industry, corporations, neighbors, are doing that impact your money. MoneyMatters is here to help.

• The Money Smart Initiative
  The Federal Deposit Insurance Corporation (FDIC) and the Department of Labor are implementing a joint initiative, called Money Smart, which offers basic financial education for the first time to people taking part in Welfare-to-Work and Workforce Investment Act programs nationwide.
  Covers a broad range of topics that are important to everyone.
  
  
• Communication Arts: Columns
  If the banks and credit card companies really wanted to educate consumers about finances, they would change their advertising. Instead of portraying people happily spending with credit cards, the advertisements would have to show people worrying about how to pay their bills, working overtime or going through the misery of bankruptcy. The front of every credit card would include—in large, red letters—a friendly reminder along the lines of “Borrowing can be hazardous to your financial health.”
  Good broad overview article on why we need to be financially literate and evidence that most of us aren't.
  
  
• National Endowment for Financial Education
  Provides information and resources. The News highlights current issues and topics of general financial interest to individuals. NEFE also provides an online course for educators working with high school students.