A National Resource to Support Excellence in Community Action

Financial Literacy Education Resources

Last Revised: November 15, 2017 - Initial Posting: Dec 14, 2005
Purpose

Financial literacy education is a key element of ROMA National Goal 1: Low-Income People Become More Self-Sufficient.

Description

Please LET US KNOW if you have suggestions of any FINANCIAL LITERACY EDUCATION items that might be added.

Annotated Guide

Critical Components in Financial Empowerment: An Annotated Guide
This guide, from the Community Action Partnership and Virtual CAP, features resources that have been selected for organizations looking to getting started with financial empowerment initiatives, as well as those seeking ways to strengthen and expand on work already being carried out in this area.

Guidance on Creating Effective Financial Literacy Programs

Guidance on creating effective financial literacy programs is provided through a variety of sources such as 5 Broad Categories of Financial Literacy Activities (Office of the Comptroller General)...Financial Education: A Guide to Promising Practices (FDIC Boston Alliance for Economic Inclusion)....Providing and Funding Financial Literacy Programs for Low-Income Adults and Youth (The Finance Project)....Resources for Effective Financial Education in AFI Projects (Office of Community Services/ACF/HHS)....Eight Elements of Effective Training (The Enterprise Foundation)....Free Credit Reports.

Financial Literacy Education Resources

A wide range of material can be accessed through the following selections:

Your Money, Your Goals,

Consumer Financial Protection Bureau

Your Money, Your Goals is a set of financial empowerment materials for organizations that help people meet their financial goals by increasing their knowledge, skills, and resources.  Whether you’re helping people get a job, find a place to live, or deal with a legal problem, money always comes up. You can use these tools to start the conversation.

Assets for Independence

U.S. Dept. of Health & Human Services, Administration for Children & Families
Office of Community Services

Assets for Independence (AFI) is a Federal grant program that enables agencies to implement an asset-based approach for giving low-income families assistance out of poverty.  Various materials can be accessed including:

Four Cornerstones to Financial Literacy

Minnesota Office of Economic Opportunity

Four Cornerstones to Financial Literacy is featured on Help Minnesota Save, which is a website sponsored by the Minnesota Community Action Partnership.   The site is not intended for direct use by consumers.  It is a clearinghouse of information and resources for direct service staff working to help people become economically secure through financial literacy education and asset building.

Building Your Financial House

Pennsylvania Office of Financial Education

Building Your Financial House is a website developed by the Pennsylvania Housing Finance Agency, which is committed providing Pennsylvanians with unbiased, commercial-free information about money - see The Framework and The BYFH Program with a curriculum.  Here are just a few of the topics that are featured:

NeighborWorks® Financial Capability Program

The NeighborWorks® Financial Capability Program with Financial Coaching Briefs, Financial Security Resources, and a Success Measures Data System.

Jump$tart

Jump$tart is a national coalition of organizations dedicated to improving the financial literacy of kindergarten through college-age youth by providing advocacy, research, standards and educational resources. Jump$tart strives to prepare youth for life-long successful financial decision-making.

Squared Away Blog: Frontiers in Financial Literacy

Financial Security Project at Boston College

Squared Away: Frontiers in Financial Literacy is for practitioners in the field of financial literacy, including financial advisers, employers, government and foundation officials, and researchers.  Squared Away will cover anything that might help them do a better job of helping Americans of all ages act in their own financial best interest – and help them get their all-important financial matters “squared away.”  The Virtual CAP news feed on Raising Awareness on Poverty and Homelessness - Play SPENT was based on a Squared Away blog posting.

Keep up with Squared Away by subscribing to the RSS Feed and signing-up for email alerts.  And here's the Facebook link for Squared Away.

Here are a few examples of other articles from Squared Away:

Money Math: Lessons for Life (Grades 7-9)

Money Math: Lessons for Life is a four-lesson curriculum supplement for middle school math classes, teaching grade 7-9 math concepts using real-life examples from personal finance. The 86-page book is a teacher's guide with lesson plans, reproducible activity pages, and teaching tips.

National Endowment for Financial Education

The mission of the National Endowment for Financial Education is to help individual Americans acquire the knowledge and skills necessary to take control of their financial destiny.

Providing and Funding Financial Literacy Programs for Low-Income Adults and YouthProviding and Funding Financial Literacy Programs for Low-Income Adults and Youth

Providing and Funding Financial Literacy Programs for Low-Income Adults and Youth – This Strategy Brief by The Finance Project presents key principles and funding sources for designing and operating financial literacy programs for low-income adults and youth.

Financial Coaching: A New Approach for Asset Building?Financial Coaching: A New Approach for Asset Building?

Financial Coaching: A New Approach for Asset Building? – This PolicyLab report for the Annie E. Casey Foundation reviews financial coaching programs with an emphasis on services for low-income families.  Topics covered include Coaching as an Asset-Building Strategy….Defining Coaching….The Development of Financial Coaching….Building the Capacity of Coaches….Financial Coaching Programs for Low-Income Clients…Critiques of the Financial Coaching Model….Measuring Results….Implications and Conclusions.

Wi$e Up Program for Women
Wi$eUp Program for Women

Department of Labor Women’s Bureau

The Wi$eUp Program for Women was created to connect Generations X and Y women with online resources to achieve financial security. Designed for women – ages 22 to 35 – Wi$e Up features an interactive curriculum, suggestions from financial experts, and compelling statistics on women and money.

  • Money for Life
  • Money Math
  • Money Basics
  • Credit in a Money World
  • Savings Basics
  • Insurance and Risk Management
  • Becoming an Investor
  • Achieving Financial Security
  • Questions and Answers Archive
  • Curriculum Worksheets
  • Glossary
  • Recommended Resources

Practical Money Skills for Life

Practical Money Skills for Life™ (en Español) is a free website designed to help educators, parents and students practice better money management for life.  A left-hand menu selection provides a comparison of PMSFL with each state’s educational standards.

  • Teach –  Teacher Resources incluing Lesson Plans (by grade level from Pre-K to College) and Games in the Classroom
  • Learn – Budgeting, Savings, Financial Institutions, Credit, Debt, Identity Theft, Life Events
  • Play (online games)
    • Financial Soccer (ages 11 and up)
      Put your financial skills to the test with Visa’s World Cup-themed Financial Soccer multiple-choice question game. It tests players' knowledge of financial management skills as they advance down the field and try to score. Educators are encouraged to download the lesson modules and instruct students before game play begins.
    • Financial Football (ages 11 and up)
      Ready to give your brain a workout? Visa and the National Football League have teamed up to help teach financial concepts with Financial Football, a fast-paced, interactive game that engages students while teaching them money management skills. Teams compete by answering finance questions to earn yardage and score touchdowns.
    • Peter Pig's Money Counter (ages 5-8)
      Learning about money is fun with Peter Pig. In this interactive game, kids practice identifying, counting and saving money while learning fun facts about U.S. currency. After completing the game, players are rewarded with a trip to the virtual store to buy accessories within budget and dress up Peter Pig in fun scenes.
    • Cash Puzzler (preschool and early elementary school)
      Put the pieces of the puzzle back together to complete the image of a dollar bill. Choose between puzzles and learn fun facts about money.
    • Road Trip to Savings (adolescents)
      Meet the challenges of a month on the road as you steer your way to financial stability and make decisions about income and savings.
    • Money Metropolis (ages 7-12)
      Navigate Money Metropolis' multi-dimensional world while making life decisions that will affect whether virtual bank accounts shrink or grow.
    • Countdown to Retirement (adults)
      Start your first job, earn promotions and make financial choices that will impact your future playing Countdown to Retirement.

Building Wealth Beginner's Guide

Federal Reserve Bank of Dallas

Building Wealth: A Beginner’s Guide to Securing Your Financial Future offers introductory guidance to individuals and families seeking help to develop a plan for building personal wealth.

Money Smart Curriculum

Money Smart is comprehensive financial education curriculum designed to help individuals outside the financial mainstream develop financial skills and positive banking relationships. Computer Based Instruction (en Español) is also available –minimum computer requirements and FAQs.

Citigroup Financial Education Program
Citigroup Financial Education Program

All My Money and Your Money & Your Life

The All My Money curriculum and the Your Money & Your Life curriculum was developed to help trained instructors teach sound money management practices, including saving, to educate low-income people (including those moving from welfare to work) about how to use financial principles and services to build assets and move toward financial security.  This material was developed by the University of Illinois Extension and the Financial Links for Low-Income People Coalition (FLLIP).All My Money Curriculum

360 Degrees of Financial Literacy

360 Degrees of Financial Literacy - American Institute of CPAs

MyMoney.gov

MyMoney.govMyMoney.gov is the federal government financial literacy website that features information on the following topics:

America Saves

America Saves is a nationwide campaign in which a broad coalition of nonprofit, corporate, and government groups helps individuals and families save and build wealth.  Information is provided on topics such as:

Outcomes

Financial literacy education is a key element of ROMA National Goal 1: Low-Income People Become More Self-Sufficient.

Contact

Kenneth Ackerman, Virtual CAP Project Manager
434.295.8802