MyMoney Resources - Teacher

The CFPB’s research addressed the childhood origins of adult financial capability and well-being. Building blocks to help youth achieve financial capability: A new model and recommendations, illuminates critical attributes, abilities, and opportunities acquired during the years spanning preschool through young adulthood that support the development of adult financial capability.

The Teacher Online Resource Center offers teachers resources from the Federal Deposit Insurance Corporation (FDIC)and Consumer Financial Protection Bureau (CFPB) to help teach children from pre-K through age 20 about money or other financial topics. Also available on the site are videos that illustrate practical ways teachers can integrate core financial education lessons into the classroom. Access to curriculum, videos, and more can be found at www.fdic.gov/teachers.

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.

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.

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.

The purpose of the guidance is to encourage financial institutions1 to develop and implement programs to expand the financial capability of youth and build opportunities for financial inclusion for more families. The guidance also addresses frequently asked questions that may arise as financial institutions collaborate with schools, local and state governments, non-profits, or corporate entities to facilitate youth savings and financial education programs.

This Toolkit is designed to provide caseworkers, independent living skills providers, congregate care providers, foster parents, and other supportive adults with strategies and resources to critically evaluate and improve their current approaches to financial capability. It is designed for those working with youth under the age of 18 and young adults over the age of 18 who are preparing to transition out of the foster care system. The Toolkit is a compilation of lessons learned, best practices and practical tools, which can be used together or separately, to help service providers methodically choose and integrate new strategies, programs, or interventions to improve the financial capability of the youth they serve. Additionally, content and tools can be tailored to meet stakeholder needs based on the intended outcomes of their services and the characteristics of the populations they are serving. The tools and resources are intended for a number of different actors in a child-welfare system and can be used in multiple situations.

This document lists an array of resources for students and their families with tools and information to help make informed decisions about saving, paying, or financing their higher education. This list was compiled by members of the Postsecondary Subcommittee of the Financial Literacy and Education Commission (FLEC), and offers free resources from federal agencies.

To understand the wide range of information sources consumers could be exposed to in making financial decisions, we commissioned a study of the size and scope of the financial information field. The results give an overall indication of the relative amounts spent in the U.S. on financial education and on the marketing of certain types of financial products. The report found that for every dollar put towards financial education, $25 is spent on financial marketing, which can make it difficult for consumers to find objective information.