Mind Your Money

 

Welcome to the library's multi-author blog and associated resources for increased financial literacy. This program is made possible by a grant from the FINRA Investor Education Foundation through Smart investing@your library®, a partnership with the American Library Association

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For questions or comments about this program, please send email to mym [at] hmcpl [dot] org.

 

 

Money Management Resources for Members of the Military

Here's an interesting resource page from Loyola University, featuring Money Management resources for members of the military community. It includes federal as well as private sources and tools to help families and members of the military manage their financial resources, spouse employment and education, parenting and child care, relocation, deployment, reunion, and the particular concerns of families with special-needs members.

In January, we'll be launching a joint effort with Redstone Arsenal's Army Community Service office to provide financial literacy workshops and resources for Madison County's military community.  Stay tuned!

Money as You Grow resource

Money as You Grow  was recommended as an initiative from the President's Advisory Council on Financial Capability, chaired by John W. Rogers and vice-chaired by Amy Rosen.

The initiative, spearheaded by Beth Kobliner, chair of the Council's Money as You Grow working group, offers 20 essential, age-appropriate financial lessons—with corresponding activities—that kids need to know as they grow. Written in down-to-earth language for children and their families, Money as You Grow will help equip kids with the knowledge they need to live fiscally fit lives. The lessons in Money as You Grow are based on more than a year of research, and drawn from dozens of standards, curricula, and academic studies.

HOW CAN YOU USE MONEY AS YOU GROW ?

Families can use Money as You Grow to start a dialogue about money and teach kids important lessons about saving, making choices, and avoiding debt. Put up a Money as You Grow poster on your refrigerator, try the activities in your everyday life, and check to see if your children know the milestones for their age groups.

Community organizations like libraries, schools, and religious groups can provide Money as You Grow to families.

Nonprofits geared toward kids, families, and financial literacy can share Money as You Grow with their members.

Businesses that reach young people and families can shareMoney as You Grow with employees, customers, and clients.

age progression of user

Great games for kids and financial literacy

These are some great games that you might want to share with your children to increase their financial knowledge!

From Practical Money Skills: These dynamic, educational video games engage kids while teaching them important money skills. Money Metropolis allows kids ages 7–12 to navigate a multi-dimensional world, making life decisions that will affect whether their virtual bank account shrinks or grows. And in Peter Pig's Money Counter, kids ages 4–7 can practice sorting and counting coins with the help of wise Peter Pig.

Sample image of games

FINRA Investor Knowledge Quiz

Millions of Americans and countless others around the world invest in the U.S. equities markets, some directly, others through pension plans, mutual funds and other vehicles. While some investors rely on investment professionals for advice, others choose to chart their own investment course. But regardless of exactly where they invest and whose advice they seek, The Financial Industry Regulatory Authority, Inc. (FINRA) believes all investors should have access to basic educational information about investing.

Take the FINRA Investor Knowledge Quiz and find out how much you know (or don't know) about investing!

Screen capture of the FINRA tool

Welcome to the Mind Your Money Blog!

These resources are here to help you learn about saving, investing and planning your financial future. Visit the links on the right for more resources specific to your needs and follow this blog for the latest news in financial literacy!

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