Financial literacy

College Savings PlannerAmericans carry more than $2.4 trillion in consumer debt, which works out to be nearly $7,800 in debt for every man, woman and child that lives in the United States (Source: Federal Reserve).

Being “financially literate” means you have the knowledge, skills and habits to successfully manage your money. Such skills include using a budget or plan for monthly spending; regularly saving some of today’s money for tomorrow’s needs; managing your use of credit to avoid over-extending yourself; and investing funds to allow your money to grow.

We hope these resources help you continue to move forward toward a more financially secure future.

  • AZ529.gov is a Family College Savings Program designed to help families meet the rising costs of a higher education by offering an easy, flexible, and tax-advantaged way to save for college.
  • MyMoney.gov and 1-888-MyMoney is the U.S. Department of the Treasury’s website and hotline that serves as the one-stop shop for federal financial literacy and education programs, grants and other information.
  • National Endowment for Financial Education helps individual Americans acquire the knowledge and skills necessary to take control of their financial destiny.
  • 360 Degrees of Financial Literacy is a free program of the nation’s certified public accountants to help Americans understand their personal finances through every stage of life.
  • Practical Money Skills for Life allows educators, parents, and students access to free educational resources including personal finance articles, games, lesson plans, and more.
  • Institute for Financial Literacy’s mission is to make effective financial literacy education available to everyone.
  • FinancialLiteracyMonth.com helps consumers begin their 30 step path to financial wellness.
  • Money Smart was launched by the Federal Deposit Insurance Corporation (FDIC) to help low- and moderate-income individuals outside the financial mainstream enhance their financial skills and create positive banking relationships.