The Treasury’s Bureau of the Public Debt today launched TreasuryDirect® KIDS—a fun, interactive, and educational website to engage students in grades 5-7 in the history and role of debt in America.
TreasuryDirect® KIDS provides an introduction to Treasury securities and is designed to help teachers and parents build important lessons on saving and investing.
“Many times kids are . . . → Read More: TreasuryDirect® KIDS Website
The Department of the Treasury (Treasury), in its capacity as Chair of the Financial Literacy and Education Commission, issued a Federal Register (see link below) inviting the public to comment on a proposed set of “financial education core competencies”.
The notice, published on Thursday, Aug. 26, says that the proposed core competencies are an attempt to . . . → Read More: Treasury Invites Comments on Financial Education Proposal
Laura Levine, executive director of Jump$tart Coalition, talks about student financial literacy. She speaks with Margaret Brennan on Bloomberg Television’s “InBusiness”. (Source: . . . → Read More: Jump$tart’s Laura Levine Discusses Student Financial Literacy: Video
The e-mail subject line reads “Help!!!!” and the message tells a sad story of being robbed while abroad, and asks for money to be wired ASAP to settle hotel bills or buy a plane ticket home.
Because the message appears to come from a friend, some well-meaning recipients send funds, often a couple of thousand dollars. . . . → Read More: Another E-mail Scam – Tricks victims into wiring money
Financial Illiteracy Is Killing Us
Read results from:
2009 Financial Literacy Survey of adults, conducted on behalf of the National Foundation for Credit Counseling
• 41% of U.S. adults, or more than 92 million people living in America, gave themselves a grade of C, D, or F on their knowledge of personal finance.
• One-third of adults report that . . . → Read More: Financial Literacy Surveys and Results
Newsletter: AICPA 360 Degrees of Financial Literacy – August 2010
Summary of the New Financial Reform Law
The financial reform bill recently signed into law is an attempt to address some of the problems that contributed to the 2008 financial crisis. The legislation, officially known as the Dodd-Frank Wall Street Reform and Consumer Protection Act, is considered the . . . → Read More: Summary of the New Financial Reform Law from the AICPA
Some in York County (Pennsylvania) avoid bank accounts – However, choices for cashing checks are limited and can be costly.
“Security is the best reason for keeping your money in a bank”, Banking Department spokesman Ed Novak said.
(Please note: in California, all bank deposits, up to $250,000 per bank, are insured by the FDIC. Learn more about . . . → Read More: Article on Consumers that Avoid Bank Accounts
In the wake of the devastation caused by flooding in Pakistan and along the border between China and North Korea, the Federal Trade Commission warns consumers to choose carefully when considering urgent appeals for aid in the news, online, and at social networking sites. The best way to provide immediate help is to donate money directly . . . → Read More: Floods in Pakistan: FTC Warns Consumers to Give Wisely
What we liked this week and decided to pass it on.
Benjamin Bankes Weekly Savings Tip
Start Planning for the Holidays Now
The temperature outside may not make you think of winter holidays, but 2010 has flown by and we are officially more than half-way to the holiday season. Now is the perfect time to get a jump on . . . → Read More: This Week’s Pick – Benjamin Bankes Weekly Savings Tip
Working on a custom image for this blog’s Home Page.
Maybe a piggy bank? Or stacks of money? Receipts, statements and a calculator? An image of a budget? Not . . . → Read More: Blog’s Home Page Image