Financial Literacy Basics – Money Smart

Session 1 – Bank On It!

Haven’t you ever wanted a one-stop-shop location where you could find anything financial literacy-related basics for you and for your loved ones?  Well, look no further. While looking for ways to help my loved ones, I came across a great resource called Money Smart.  Money Smart is an FDIC resource created to teach financial literacy across the United States. It is a FREE resource and that means that I love it already. Don’t you?

Session 1 – Banking On It

Bank on It Image

This financial literacy curriculum will begin with Bank On It providing an overview of banking services. It is designed to help you build a positive relationship with financial institutions.  You will learn about the services and functions of a bank and will also help you to choose the right bank for you when the time comes.  You will also learn the step needed to open a bank account, and the right person to talk to when you need different services.

After completing this module, you will be able to:

  • Identify the major types of insured financial institutions.
  • Identify five reasons to use a bank.
  • Describe the steps involved in opening and maintaining a bank account.
  • Describe two types of deposit accounts.
  • Identify additional bank services that come with deposit accounts.
  • Describe the main functions of the bank customer service representative, teller, loan officer, and branch manager.

Resources

Participant Guide 

Money Smart for Young Adults Participant Guide

  • Information and activities to help you learn the material.
  • Tools and instructions to complete the activities.
  • Checklists and tip sheets.
  • A glossary of the terms used in this module.

Podcast

For auditory learners, this podcast is a great companion to the participant guide.

Stay Tuned!

Upcoming blog posts will continue Money Smart for Young Adults series with the modules listed on the graphic.

Blog you later!

Cecilia

Money Smart for Young Adults Overview