Financial Education in Vermont
Being "financially literate" means you have the knowledge, skills and habits to successfully manage your money. A growing body of research shows a wide range of benefits to individuals, families and communities where its citizens are actively practicing sound money management skills. 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. The pages in our financial literacy section organize resources for you so that you can quickly get to information you can use. The links to these pages are located on the righthand side of this page. We hope these pages help you continue to move forward toward a more financially secure future.
What's New in Financial Literacy?
The Financial Industry Regulatory Authority (FINRA) has launched a new educational tool in the form of an interactive game to help investors spot the psychological persuasion tactics used by con artists. The game, available for play on desktop or by downloading the phone or tablet mobile application, is designed to help investors outsmart investment fraud criminals.
When was the last time you checked your credit report? Financial experts recommend you check your credit report from the three main credit reporting agencies at least once a year. There is only one web source authorized by Federal law to obtain a free credit report from Experian, Equifax and TransUnion. That site is annual credit report. com. Check now.
Credit scores influence the credit that's available to you. At this link the Fair Isaac Corporation explains how credit scores are calculated.
Financial Literacy Task Force Completes Work
A task force on financial literacy has unveiled a 13-point plan for increasing financial skills and knowledge among Vermonters. State Treasurer Beth Pearce applauded the work of the task force and pledged support for developing a long-term strategy for improving financial literacy among Vermonters. Visit this web site to read the full recommendations. The Treasurer's office was one of many stakeholder groups that served on the task force.
We recognize these trust fund supporters for their partnership with the Treasurer's Office in promoting financial literacy.