MyMoney Resources - Life Events

A guide from the Consumer Financial Protection Bureau to help consumers retiring from a traditional pension plan navigate their payout options. The guide gives near-retirees the information they need to understand the trade-offs of taking their pension in a monthly payment or in a lump sum. The guide also provides tips and warnings about how to protect and best manage their lump-sum money.

Money Smart for Young People has lessons that provide a developmentally appropriate program for young students to build an understanding of key financial concepts. This standards-aligned curriculum can be incorporated into subjects such as English language arts, mathematics and social studies. In addition to the educator materials, the curriculum includes a Parent/Caregiver Guide that corresponds to the classroom materials.

Planning for Retirement is a new interactive tool of the Consumer Financial Protection Bureau to help you make an informed decision about when to claim your Social Security benefits. The tool gives you a rough estimate of your monthly benefit and shows how your monthly benefit changes depending on the age at which you claim.

“World of Cents” provides a fun and engaging opportunity for children to learn the concepts of earning, saving and spending money while building their very own magical world full of whimsical playhouses. The gameplay experience touches on the important building blocks for making smart financial decisions, such as math skills, good savings habits and financial literacy. “World of Cents” utilizes coin value recognition to demonstrate how to save and manage money. Users even have the option of viewing their world in 4D. The game is available in the App Store and Google Play. The web-based version is accessible here.

The game provides a fun and interactive platform for teaching young people about the importance of saving and spending wisely. “Hit the Road” takes students on a virtual road trip across the country, and they must learn how to save and spend their money wisely to complete challenges along the way. The “Hit the Road” learning experience includes topics such as the value of saving and creating a budget, spending responsibly and debt management. While young people and their families can play “Hit the Road” at home, the game is also a good interactive classroom resource for teaching about math and money.

The Commodity Futures Trading Commission (CFTC) is the federal government agency that regulates the commodity futures, commodity options, and swaps trading markets. The mission of the CFTC is to protect investors and the public from fraud in the commodity futures and options markets. 

A report, Opportunities to Improve the Financial Capability and Financial Well-being of Postsecondary Students, has been prepared by the Financial Literacy and Education Commission (FLEC) and describes the state of financial education among postsecondary students. The report describes current efforts to enhance financial education in a number of institutions with regards to student understanding of financial aid and financial education topics at two critical junctures:  Choosing Where to Go and How to Finance Postsecondary Education; and  Making Sound Financial Decisions When Enrolled and Beyond.

Use this worksheet to see how much money you spend this month. Then, use this month’s information to help you plan next month’s budget.

To accompany Hands-On Learning to Build Financial Habits: Federal Resources to Encourage School-Based and Youth Savings Programs, this document is intended to provide information on non-governmental research and resources that may be useful to financial institutions, state, local, or tribal government officials, teachers and school leaders, and others interested in establishing such a program. This document includes a description publicly available websites, reports, research papers, and other readings on child savings that may help practitioners learn about best practices and techniques. Please note that these resources have not been supported or endorsed by the Financial Literacy and Education Commission (FLEC) and may not be an exhaustive list of resources on this topic.