You’re never too old to learn new things – including better money management practices. The Federal Deposit Insurance Corporation (FDIC) agrees.
To address financial literacy concerns, the FDIC created the Money Smart teaching program in 2001 to help educators and financial institutions increase consumer understanding of basic financial systems work and how to use them to stay financially healthy.
The Money Smart for Adults program is expanding to include more topics. According to the FDIC website, the updated Money Smart for Adults program is set to begin in fall 2018.
The updated program contains eleven separate modules that take one to two hours of time per module. Topics include how banking services work, the basics of credit and credit histories, how to use credit cards…