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Financial Tip

You can request a copy of your credit report by visiting annualcreditreport.com, calling 877-322-8228, or writing to:

Annual Credit Report Request Service
P.O. Box 105281
Atlanta, GA 30348-5281.

Spring Into Financial Literacy Month This April

In 1922, more than 30 years before April 15 became the official tax day, poet T.S. Eliot wrote "April is the cruelest month." Now, with taxes on nearly every family's mind, April is the perfect time of year for Financial Literacy Month.

What exactly does "financial literacy" mean? In the Yes, You Can curriculum, it is defined as: "The ability to read, analyze, manage and communicate about the personal financial conditions that affect material wellbeing. It also includes the ability to make wise financial choices, discuss money and financial issues with confidence, plan for the future and respond competently to life events that affect everyday financial decisions, including events in the general economy."

When you take advantage of any opportunity to learn about money during the month of April, you can help you and your child move 30 days closer to becoming financially literate.

 

Teachable Moments

This article includes a definition of financial literacy. Write this definition on the board and discuss it with your kids. Ask what "material well-being" means to them. How would becoming financially literate help them achieve financial independence?