National Financial Literacy Month (NFLM) is all month long every April. Did you think I wouldn’t give you more resources for this important month? Regular readers will recognize these resources. Here are a seven free resources for National Financial Literacy Month 2024 that you can use to learn more about personal financial planning. These links are provided solely for educational purposes and I recommend no source over another. Nor do I receive any compensation from these resources. If the link is broken, please search by name in your browser. If that doesn’t work, contact me and let’s talk.
Want to learn financial terms and concepts? I find Investopedia to be a great source. You can search terms, concepts, get articles and sign-up for email customized to your area of interest. Challenge yourself to learn one new term each week. (https://www.investopedia.com/dictionary/)
Learning for the whole family. A fantastic resource is Choose FI Foundation. ChooseFI has resources for all age levels so you can start teaching your children about personal finance. You can even take courses and use the advanced materials for yourself.
Expecting a new baby? Want to find out how much it will cost you? Try BabyCenter.com (https://www.babycenter.com/) for all things baby. The site offers a First-Year Baby Costs Calculator that will help you budget for your new baby. You can calculate the cost of baby’s first year. BabyCenter estimates that cost could be $15,775 for the first year, and FrugalAnswers.com pegs it higher at $15,000 to $18,000. FrugalAnswers has a breakdown of the average costs so you can check items that you may be able to eliminate.
Do you suspect elder abuse? If so, the Administration on Ageing (https://aoa.acl.gov/Index.aspx) has lots of information for you and it’s also free. There is a locator that you can use if you suspect elder abuse. If you do, please use the locator to find out who to notify. Learn to spot the signs of elder abuse and elder fraud.
What about saving for college? Check out SavingForCollege.com (http://www.savingforcollege.com/). The site is geared specifically to 529 plans, but it has lots of tools, articles, and support if you want to learn about college costs, 529 plans, and other college funding issues.
Need help saving? America Saves has 54 Ways to Save Money to help you out. They also have lots of tips and strategies to get you started and to involve the kids in your life. Check out the America Saves Resource Center.
Ready to buy a home? Fannie Mae has launched a free course for first time homebuyers. You can read more about this resource at FannieMae.com. When ready, follow the link to the Fannie Mae education center and learn to be a confident, successful homeowner.
The above sources are just a light sampling of personal finance sites on the Internet that you can use to boost your financial literacy. For every financial aspect of your life, there are dozens of websites that provide information. Some sites are better than others, and most will provide only general information and may not answer your specific question.
When you need more in-depth information and personal service, reach out to me. As an independent Certified Financial Planner™ I can help you establish and maintain better financial habits. Contact me and let’s get started! #talktometuesday #education #Hireaplanner #FinancialLiteracyMonth #NationalFinancialLiteracyMonth #NFLM #stressfree #savings #moneyeducation #financialeducation #CFPPro