Financial capability is about more than just money. Financial capability is also about having the willingness, confidence, and opportunity to make good decisions about and take smart steps with your money. Having good information that you can trust helps. The Financial Literacy Education Commission (FLEC) put together some useful tools to help you make sense of your financial life so you can get started.
Understand your pay, benefits, withholdings, and deductions in order to make the most of what you earn.
- Put your money to work! Find out how much it could grow with the SEC’s compound interest calculator.
- Thinking of more school? Do your homework. Beware worthless “diplomas.” Learn how to spot education scams.
- Starting a small business? Check out the Small Business Administration and find out if entrepreneurship is for you.
Save regularly to plan for life events and to be ready for unplanned or emergency needs.
- myRA.gov makes it easy to unlock a secure financial future. It’s free & only takes 15 minutes to start. Sign up for myRA today.
- Amaze yourself! Small savings now can get big over time. Download the free guide to your financial fitness.
- Create a #mySocialSecurity account today and unlock a smart financial future with #SocialSecurity.
- You can unlock the potential of an IRS refund using some money now and putting some into savings. Find out how to build your savings with a direct deposit of your tax refund.
- Knowledge is the key. Unlock your financial possibilities, in Indian Country…and beyond.
- Are you a woman who wants to know more about retirement security? The Women’s Institute for a Secure Retirement (WISER) has answers.
- You work hard, so make your money work for you. Learn how to calculate your net worth and how to increase it.
- Find out how in-school credit union branches provide a unique and hands-on way for youth to learn more about money.
- Got five minutes? Five tips to get the most from your credit card.
Take precautions about your financial situation. Accumulate savings in case of an emergency, and buy insurance. Be vigilant about identity theft, and keep aware of your credit record and the credit score.
- Want to help kids learn about money? The FDIC’s Teacher Online Resource Center has financial education tools for kids pre-K thru 12. Get free lesson plans, videos, and more.
- Successful investors are informed investors-have you checked your financial professional’s background? Check out your advisor at Smartcheck.gov.
- Good money habits in childhood can help unlock a bright financial future. CFPB Money as You Grow makes it easier to get started on money conversations.
- Are you caring for an older loved one? You can help protect them from financial abuse.
- It’s not just for emergencies-use FEMA's financial first-aid kit to take inventory of your financial life.
- Don’t be an online victim. Learn how to guard against internet thieves.
- What’s Yours is Yours! Protect your plastic. Learn more about avoiding “card skimming” at ATM’s.
- Like winning? Learn more about ways to improve your credit score.
Make a budget or a plan for using your money wisely.
- Get starry-eyed about your financial future! Visit USDA’s online constellation of financial capability experts, resources and tools.
- They say money can’t buy you happiness, but a financially healthy future can buy peace of mind. Check out all the free personal financial management programs available for service members and their families.
- Want to buy a home but don’t know where to start? Talk to a Housing Counselor!
- Ease off the gas: check out FTC’s guide for buying and owning a car.
Sometimes it’s necessary to borrow money. Your ability to get a loan generally depends on your credit history, and that depends largely on your track record at repaying what you’ve borrowed in the past and paying your bills on time.
- Are you a veteran? Thinking about buying a home? A VA loan may be the key you need to unlock your new home.
- Before taking out a high-cost payday loan, consider the less costly credit union alternative. Learn about alternatives to payday loans.
- From loan to groan: finding alternatives to payday loans. Learn the real cost of a payday loan.
- Give yourself some credit! Learn about credit and loans.
- Need money to further your education? It pays to learn about student loans first.
- Shopping for student loans? Use tools from the CFPB so you can know before you owe.