MyMoney Resources - Teacher

In a small a financial education pilot at Oh Day Aki Charter School in Minneapolis involving one teacher and about 100 middle and high school students, results suggest that that standard financial education materials can be adapted to benefit Native students in an urban setting, despite pre-existing educational challenges that are typical of inner-city schools, such as high turnover and low reading skills. The pilot's sponsoring partners hope to build on the lessons learned in order to further promote financial education for Native youth.

This article reviews research on the effectiveness of general financial literacy training to draw implications for literacy training related to predatory lending. The article concludes that training offered by high schools and workplaces is associated with improved financial knowledge and behavior, especially for low-income or less-educated recipients. Although evidence on homeowner education and counseling is less clear cut, the article concludes that financial literacy training has the potential to curb predatory lending.

About 10 million American households do not use any aspect of the banking system. A large body of research provides evidence that limited involvement in the mainstream financial sector is most common among low- and moderate-income (LMI) households. Although their income may be relatively low, these individuals hold assets and regularly conduct financial transactions, frequently with nonbank financial companies. Estimates of nonbank financial company transaction volume as high as $250 billion annually suggest a reasonable business case for insured institutions trying to attract the banking business of low- and moderate-income consumers. A relatively low-risk way for banks to introduce low- and moderate-income households to the banking system is through a particular type of savings account—the Individual Development Account (IDA). This article explains how IDAs operate, discusses banks’ experience with IDAs, and provides resources for bankers who want to know more about these programs.

This site introduces young people to the importance of setting financial goals. It provides access to tools and information designed to teach school-aged youth positive financial habits. Youth will also discover the vital role credit unions play in their financial future.

What every kid should know about Social Security. This site provides materials for children to learn about Social Security and what it means for them.

The Publications.USA.Gov website allows users to order from the hundreds of publications in the Catalog on topics such as credit, saving for retirement, investing and more.

The You Are Here website teaches kids how to be more savvy consumers. The site demonstrates the benefits of competition, the influence of advertising on buying decisions, and the rules and regulations that many business people need to follow.

Identity theft happens when someone steals your personal information and uses it without your permission. It’s a serious crime that can wreak havoc with your finances, credit history, and reputation — and can take time, money, and patience to resolve.

Information and tips to help you if you are thinking about or already using online banking systems.

This website presents the FDIC's Money Smart financial education curriculum. The Money Smart's on-line curriculum can help you take charge of your finances and create a better financial future. Available on-line or by mail free of charge; it may also be taught in a classroom setting or downloaded into a portable audio (MP3) format.