Developed by the President's Advisory Council on Financial Capability, Money as You Grow provides 20 essential, age-appropriate financial lessons—with corresponding activities—that kids need to know as they grow.
Terminology is an important part of every subject that you learn. It is important in learning about finances too. Here are a few standard lending terms that will help you when taking out a loan.
Learning about money doesn’t have to be boring. Here are a few resources to help you learn more about and manage your finances.
Are you heading off to college this fall? Don't forget to take your credit union along with you!
How many retirement accounts do you have? If you've changed jobs a few times over the years, you could have several accounts housed in different employers' plans.
It's important to get into good savings habits even if you don't have a lot to save. If you get into the habit of depositing part of your money into savings regularly, you will be on your way to developing good lifelong savings habits. Often, people call this "pay yourself first." This means to deposit money into your savings account before spending it on something else.
A budget is a listing of your income and expenses with the goal of making your total income be equal to or greater than your total expenses.
Anyone who currently has or has had credit cards or loans has a credit history with Credit Reporting Agencies. These agencies provide credit reports upon request. A credit report contains information about where the person works and lives and how they pay their bills. It also may show whether they have been sued or arrested or have filed for bankruptcy. Businesses use this information to evaluate applications for credit, insurance, employment, and other purposes allowed by the Fair Credit Reporting Act (FCRA).