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Free Savings Course Teaches Youth to Manage Money Sensibly

Posted by: RateAPY Bank Rates News
April 27th, 2010

Educating young people about financial responsibility will make a large impact on the economic stability of the US. What if all of the people who got suckered into taking out sub-prime mortgages they couldn’t afford had gone through financial training as a young person and had developed good budgeting and savings habits?

Order Savings Course Free from the FDIC

The FDIC has developed a program called Money Smart For Young Adults. The free program modules–on compact disc–are available online at the FDIC store. The curriculum is designed for youth ages 12-20 years old and includes eight modules that cover these topics.

• Banking basics
• Checking accounts
• Managing money
• Savings accounts
• Using credit
• Credit card responsibility
• Installment loans
• Housing and mortgages

Teach the young people in your life the essentials of money management so that they have the skills to save and stay out of excessive debt.

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