This website is not being maintained and will be discontinued in November 2017. For Runaway and Homeless Youth information, content can be used for informational purposes or you can contact the National Clearinghouse for Homeless Youth and Families at 301-828-1324. For Adolescent Pregnancy Prevention information, visit the Teen Pregnancy Exchange. For Family Violence Prevention and Services information, visit the National Resource Center on Domestic Violence.
April is Financial Literacy Month, and teaching young people to make healthy financial decisions is key helping them become self-sufficient. Developed by the Department of Treasury, MyMoney.gov is a one-stop financial-literacy shop for you and the youth and families you work with. The site is organized around five principles:
EARN – Understanding pay and benefits.
SAVE & INVEST - Teaching the importance of regularly saving, understanding banks and credit, and using saving for planned and unplanned life events.
PROTECT – Learning to be careful about finances and credit.
SPEND – Budgeting and setting long- and short-term goals.
BORROW – Understanding credit history, loans, and the importance of healthy credit analysis.
MyMoney.gov has sections for youth and families that include information, games and fun facts about money, saving and planning for the future and a section for teachers and educators that provides information about and links to a collection of federal guides and curricula for teaching financial capability concepts.
The site also has information about more than 400 reports and articles from federally-supported research. The tools section of the site includes online calculators, budget worksheets, planning checklists and other helpful resources.