Financial Literacy is defined by the Financial Literacy and Education Commission as "the skills, knowledge and tools that equip people to make individual financial decisions and actions to attain their goals".
People need different knowledge and skills to make informed financial decisions at various ages and during various life events. Managing your personal finances may seem overwhelming and researching the topic on your own sometimes creates more questions than answers:
This guide includes resources to learn more about financial literacy on your own time and when the information is relevant in your life. Most of these resources are provided by non-profit or federal entities, and all have been recommended by an Accredited Financial Counselor®.
Looking for one single resource? This is the one.
Learn at your own pace, and pick the topics that matter to you.
Cash Course
https://cashcourse.org/Registration
Developed by the National Endowment for Financial Education (NEFE) with a target audience of students. Used by more than 1,000 schools across the country as part of a financial literacy curriculum. NEFE recently transferred ownership of this product to the Higher Education Financial Wellness Alliance. Register for free.
FTC Consumer Information
https://consumer.ftc.gov
The Federal Trade Commission (FTC) is the nation’s consumer protection agency. The FTC works to prevent fraudulent, deceptive and unfair business practices in the marketplace.
My Money Five
https://mymoney.gov/mymoneyfive
Spend, Earn, Save & Invest, Protect, Borrow
“This website is a product of the Congressionally chartered Federal Financial Literacy and Education Commission, which is made up of more than 20 Federal entities that are coordinating and collaborating to strengthen financial capability and increase access to financial services for all Americans. The Commission was established by the Financial Literacy and Education Improvement Act, Title V of the Fair and Accurate Credit Transactions Act of 2003 (P.L. 108-159).”
Money Smart
https://www.fdic.gov/resources/consumers/money-smart/learn-money-smart/index.html
From the Federal Deposit Insurance Corporation (FDIC), How Money Smart Are You? includes a suite of 14 financial games and related resources. It’s available in both English and Spanish. The Money Smart Podcast Network is the portable audio (MP3) version of Money Smart. With verbal descriptions and topic based scenarios, the MP3 version uses dialogue to deliver basic financial information. This site also includes resources for parents and caregivers of children pre-K through grade 12, and savings related resources.
