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 2014 theme is "Think...before you spend!" Don't miss this opportunity to talk with the youth in your life about how to make thoughtful financial decisions. The contest is for Vermont students in 3rd-12th grades. The deadline for entering a poster is March 12, 2014.
At this financial literacy resource link, the Internal Revenue Services offers lessons and activities to use to teach your children about taxes.
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.
This annual competition for high school students gives educators an opportunity to motivate students to learn more about personal finance and economics. Prizes include $250 college savings accounts, popular electronic items such as an iPad, and gift cards--all motivating prizes for students. The first place team also wins the right to display the large traveling gold cup for one year as the state champion. Are your students ready to accept the challenge?
The theme this year is "Choices Have Costs & Benefits." The three featured books for elementary age children highlight different aspects of considering the costs and benefits of our money decisions. There are 130 schools and 22 public libraries participating in the program this year. All lesson plans and activities are posted on the program web page.
From avoiding unexpected bank account costs to financial planning tips for young adults--check out the FDIC (Federal Deposit Insurance Corporation) consumer education page.
We recognize these trust fund supporters for their partnership with the Treasurer's Office in promoting financial literacy.