Money Smart Week, which will be celebrated this year starting on April 21, is a national initiative of ALA and the Federal Reserve Bank of Chicago to provide financial literacy programming to help members of your community better manage their personal finances.
But teaching financial literacy does not have to happen only during April. Here are a few ideas to help promote financial literacy and make money smart students any time of year.
We’ve surpassed the one-year mark of the pandemic and find ourselves facing another Money Smart Week in a virtual environment. I know many libraries had to scrap last year’s in-person Money Smart Week plans or scramble to develop online replacements at the last minute.
Money Smart Week is a national public education program coordinated by the Federal Reserve Bank of Chicago and delivered by a network of supporters that empowers people with the knowledge and skills to make better-informed personal financial decisions.
This year, like so many other things, Money Smart Week has gone virtual.
Dealing with finances is stressful! In fact, a survey from the American Psychological Association shows that money is a more frequent cause of worry than work, family or health issues.
Libraries across the country are empowering people with the knowledge to make sound financial decisions by offering a variety of services, resources, and programs, many of which are spotlighted in the new book, "Rainy Day Ready: Financial Literacy Programs and Tools."
Money makes the world go 'round; to be comfortable, we have to make it, save it and seriously consider how we spend it. Of course, successfully managing your money matters is incredibly difficult without basic financial literacy.
Lakewood has historically been a very welcoming place for new Americans. Our area recently saw an influx of new residents from Southeast Asia, so we decided to host a financial literacy class for Nepali and Burmese-speaking people.
We regularly work with a group called Asian Services in Action (ASIA Inc.), so we decided to reach out to them since they had the expertise needed for the workshops. We held the program at our Madison branch, which is located in a neighborhood where a lot of immigrants settle.
Give us a Money Smart Week in Kansas City, and we’ll take a whole month.
