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?
Here are some useful tips on protecting youself from scammers during the holiday season. The Federal Trade Commission invites you to pass on this knowledge about avoiding scams.
The National Foundation for Credit Counseling offers these suggestions on managing your holiday spending and avoiding going into debt.
Our annual statewide poster contest gives teachers and parents an opportunity to introduce financial topics to kids and use art to express these ideas. Our 2015 contest theme is To build a money plan, I will . . ." The deadline to enter a poster and win a $100 cash prize is March 11, 2015. Visit the contest page for details.
How do U.S. Teens Perform in Finance in International Test?
The Program for International Student Assessment (PISA) has released results of a financial literacy assessment of teens from 18 participating countries. The U.S. teens ranked between eighth and twelfth place in the results. For a performance summary, read the press release from the National Endowment for Financial Education. Also, take a look at the PISA data.
There are 137 Vermont elementary schools signed up to participate in the 2014-2015 Reading is an Investment program. The new books and lesson plans will be mailed to schools this fall. The featured books are: The Girl and the Bicycle by Mark Pett, Librarian on the Roof! by M.G. King, and Three Cups by Mark St. Germain.
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.
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.