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FDIC Releases 2018 Version of Money Smart for Adults


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FDIC Releases 2018 Version of Money Smart for Adults

For Immediate Release

November 14, 2018

Press Release

Media Contact:
LaJuan Williams-Young
202-898-3876
Lwilliams-young@fdic.gov

FDIC Releases 2018 Version of Money Smart for Adults

 

The FDIC today released the 2018 version of its popular instructor-led Money Smart for Adults financial education curriculum. Instructors can use the fully scripted materials with minimal preparation to deliver unbiased, relevant, and accurate financial education.

'The FDIC's Money Smart for Adults helps people gain the knowledge, confidence, and skills to use banks more effectively and manage their finances. And it gives banks a valuable tool to build deeper relationships with their customers,' said FDIC Chairman Jelena McWilliams.

The 2018 version of Money Smart for Adults fully replaces the previous version, which was released in 2010. Features of the 2018 version of Money Smart for Adults include:

  • Fourteen modules that cover basic financial topics and include vibrant graphics and exercises;
  • Expanded content on topics such as mobile banking, reading a pay statement, renting an apartment, and creative ways to save money, as well as updated information on standard topics such as credit reports and scores;
  • Activities that allow participants to practice what they've learned during training, and apply it to their own lives;
  • A 'Take Action' section that encourages participants to identify at least one thing they plan to do because of what they learned during the training;
  • An updated Guide to Presenting Money Smart for Adults that guides instructors on how to use the Money Smart material effectively, along with supplemental tools and tips for supporting participants with disabilities; and
  • An updated Scenarios for Financial Inclusion supplement featuring individuals with disabilities considering various financial decisions.

To learn more about the FDIC's Money Smart program and to download the materials or order a DVD with the new curriculum, visit the Money Smart page on the FDIC's website at www.fdic.gov/moneysmart or click here for an immediate download.

Join the Money Smart Alliance and be listed as a member to enhance partnership opportunities. Subscribe to the Money Smart News to keep up-to-date and read success stories about how Money Smart is used.

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Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's banking system. The FDIC insures deposits at the nation's banks and savings associations, 5,542 as of June 30, 2018. It promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed. The FDIC receives no federal tax dollarsinsured financial institutions fund its operations.

FDIC press releases and other information are available on the Internet at www.fdic.gov, by subscription electronically (go to www.fdic.gov/about/subscriptions/index.html) and may also be obtained through the FDIC's Public Information Center (877-275-3342 or 703-562-2200). PR-83-2018

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Original article from FDIC Press Releases - Recent Updates updated 11/14/2018