Important Notices


    2012 Financial Literacy Events, Initiatives and Resources


    From DFI’s Consumer Education and Outreach Program


    For more information, visit the DFI Web site, www.dfi.ca.gov or contact Alana Golden, alana.golden@dfi.ca.gov or 916-323-7012.

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    EVENTS
     
    InvestWrite Essay Competition
    Nationwide
    The Securities Industry and Financial Markets Association Foundation (SIFMA) needs volunteers to score essays for its InvestWrite national student essay competition. Judging is done entirely online, without phone calls or meetings. The foundation provides helpful instructions and support to judges. Those volunteering as judges make a difference in the lives students across the country who have the opportunity to learn the importance of saving and investing for their futures.

    Money Smart for Young Adults: Study
    Nationwide

    The Federal Deposit Insurance Corporation (FDIC) is evaluating how it’s Money Smart for Young Adults curriculum helps students handle money. The FDIC is seeking help from organizations planning to use the curriculum for students ages 14 to 18. Selected organizations provide feedback and have their students take pre- and post-training surveys. Selected organizations receive a stipend for participating. To learn more, visit the FDIC’s Money Smart Web site, e-mail communityaffairs@fdic.gov, or call (800) 287-1581.

    Stock Market Game
    Nationwide

    Sponsored by the SIFMA Foundation, this online game simulates global capital markets for students. The game introduces students to economics, investing, and personal finance. The goal is to help students become financially independent.

    President’s Advisory Council on Financial Capability
    January 19, 2012 (Washington, D.C.)

    The President's Advisory Council on Financial Capability assists the American people in understanding financial matters and making informed financial decisions to encourage financial stability. It is composed of non-governmental representatives with relevant backgrounds, such as financial services, consumer protection, financial access and education. The meeting will be held at the Department of the Treasury.

    Earned Income Tax Credit Awareness Day
    January 27, 2012 (Nationwide)

    This sixth annual event promotes public understanding of the Earned Income Tax Credit (EITC). The Web site has information on how to participate in EITC Awareness Day and about the availability of free tax preparation sites.
     
    America Saves Week
    February 19-26, 2012 (Nationwide)

    The Consumer Federation of America, the American Savings Education Council (ASEC) and America Saves host the annual America Saves Week. The event’s goal is to encourage people, particularly lower-income families, to save money and build wealth. The event offers information and advice on paying down debt, building an emergency fund, and saving for a home, education, and retirement.
     
    Military Saves Week
    February 19-26, 2012 (Nationwide)

    The Consumer Federation of America, the American Savings Education Council (ASEC) and America Saves host the annual America Saves Week. The event’s goal is to encourage people, particularly military families, to save money and build wealth. The event offers information and advice on paying down debt, building an emergency fund, and saving for a home, education, and retirement.

    2012 National Consumer Protection Week
    March 4-10, 2012 (Nationwide)
    The Federal Trade Commission, other federal agencies, and nonprofit organizations sponsor this event. The event, the Web site and a blog highlight the importance of consumer education and offer free resources to help consumers protect their privacy; manage credit and debt; avoid identity theft; understand mortgages and other loans; and recognize fraudulent scams that target consumers.
     
    National Financial Capability Challenge
    March 12–April 13, 2012 (Nationwide)

    The U.S. Department of the Treasury and the U.S. Department of Education sponsor this awards program, which challenges high school students to increase their financial knowledge and capability. The program includes a voluntary online exam and classroom toolkit designed to help educators teach students about personal finance.
     
    California Financial Literacy Month
    April (California)

    April has been designated California Financial Literacy Month (CAFLM) to highlight the importance of financial literacy and economic empowerment and to encourage all Californians to increase their understanding of saving, investing and credit choices.

    2012 California Financial Literacy Conference for Educators
    April 14, 2012 (San Francisco, California)

    The California Society of Certified Public Accountants hosts this conference to provide educators with the tools they need to integrate personal financial education into their classrooms.
     
    National Credit Union Youth Week
    April 22-28, 2012 (Nationwide)

    Be a Credit Union Super Saver! Credit unions celebrate youth in April
     
    Teach Children to Save Day
    April 24, 2012 (Nationwide)

    Teach Children to Save, a program sponsored by the American Bankers Association Education Foundation, brings together students and bankers and promotes savings education. The foundation invites bank volunteers to visit local classrooms and to share with students information about fundamental money skills.
     
    NEW INITIATIVES
     
    Bonds Make It Easy Campaign
    The Doorways to Dreams Fund and the Savings Bond Working Group sponsor Bonds Make It Easy Campaign a national initiative to increase savings at tax time through the use of Internal Revenue Service Split Refund Form (Form 8888) and selecting the "U.S. Savings Bond" Option. 
     
    NEW RESOURCES
     
    Building Wealth in the Classroom
    The Federal Reserve Bank of Dallas offers this personal finance education resource that provides lesson plans, student activities, handouts and presentation visuals on budgeting, saving and investing, controlling debt, and protecting wealth with insurance.
     
    FDIC Consumer Newsletter
    Federal Deposit Insurance Corporation (FDIC) publishes its Consumer News newsletter that provides consumers with personal financial information.
     
    Financial Fitness Kit
    The Oklahoma Society of Certified Public Accountants offers this free financial literacy toolkit with information on establishing a budget; saving money while dealing with common household issues; simplifying tax returns; financing a college education; and other consumer finance matters.
     
    FRED MT: Links to Financial Resources
    The Financial Resource Education Database Montana (FREDMT) is a partnership initiative of the Montana Financial Education Coalition and the Montana Society of Certified Public Accountants. FRED MT is an easy-to-use Web site that offers information to help users improve their financial literacy and financial health.
     
    JoinBankOn.org
    The Corporation for Enterprise Development (CFED), with support from the U.S. Department of the Treasury, and in partnership with the San Francisco Office of Financial Empowerment, the National League of Cities and the New America Foundation offer this improved Bank On Web site. JoinBankOn.org is the online home for the national community of Bank On initiatives, and individuals and organizations working to promote financial access for low- and moderate-income Americans.
     
    Know Before You Owe
    The Consumer Financial Protection Bureau (CFPB) has developed a shorter, simpler credit card agreement that spells out the terms for the consumer. The CFPB wants consumers to review the proposed agreement and provide feedback.
     
    Ponzimonium: How Scam Artists are Ripping Off America
    Bart Chilton, Commissioner of the U.S. Commodities Futures Trading Commission, authored this book to help consumers protect themselves from scams. The book offers tips to help consumers avoid becoming victims of scams, including steps they should take before investing and an investment checklist to help them ask the right questions before investing.
     
    Treasury Bank On Report
    The U.S. Department of the Treasury released “Banking on Opportunity: A Scan of the Evolving Field of Bank On Initiatives.”  The report provides an overview of the history of Bank On programs. In addition, it summarizes information about program structures, funding, successes and challenges, special considerations and gaps in the field. The report includes case studies from two established initiatives in Savannah, Ga. and Seattle-King County, Wash.
     
    Using Social Media, Social Marketing and Brain Research to Improve the Design and Delivery of Financial Education FINRA Investor Education Foundation and the Tuck School of Business at Dartmouth
    This publication discusses new ways to provide effective financial knowledge, skills and techniques to different audiences to help them make sound financial decisions.
     
    Weathering Tough Economic Times – 12 Tips for 2012
    The FINRA Investor Education Foundation offers this investor alert that provides Americans with practical help for making sound financial decisions and saving for their futures.

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