Financial Literacy Resources Online

By Kimberly Palmer

Posted: April 2, 2008

The following websites offer money management lessons for consumers, teachers, and parents:

MyMoney.gov: This government-run site, available in English and Spanish, has tips for kids as well as adults, along with links to related federal agency sites.

America Saves: Stories, tools, and articles on saving encourage consumers to put away money for the future.

National Council on Economic Education: NCEE offers courses and resources for teachers to help them incorporate financial instruction into other subjects, such as explaining taxation during a lesson on the Boston Tea Party.

Schwab MoneyWise: Information and games for kids and parents are designed around encouraging family discussions about money.

Minyanville: This site targets financial newbies as well as regular investors with animated videos and articles. Its related site for kids, MinyanLand, lets participants decide how to eat, buy clothes, furnish a home, and invest using an avatar.

LendingTree: The Smart Borrower Center teaches visitors about buying and selling real estate, such as the risks and benefits of taking out a home equity loan.

Money Math: The Treasury Department offers free lesson plans for teachers that revolve around budgeting, taxes, and wealth building.

The American Bankers Association Education Foundation: This site offers consumer tips and information about industry efforts to educate kids, including a link to Get Smart About Credit, designed to teach cardholders how to use credit wisely.

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