Financial Literacy Month Resources
Throughout the month of April, organizations across the country conduct a variety of events and carry out initiatives designed to improve financial literacy, especially among our nation’s youth, and to promote financial well-being for all consumers.
We are proud that the banking industry is leading the charge in financial literacy across Virginia!
Below are a variety of resources that you can explore and share with your customers and communities. We will continue to update this page throughout the month of April so if you find a great resource, please email Monica McDearmon to share it with the group!
American Bankers Association Resources
Teach Children to Save (TCTS) Information:
- Ready the week of April 20th:
- TCTS in a Virtual Environment Webinar – April 22nd at 1:00 pm
- Three revised TCTS lessons plans adapted for an online
learning environment will be released for each of the
following grade groups:
- Grades K-2
- Grades 3-5
- Grades 6-8
- TCTS Day is still scheduled for Friday, April 24 – be sure to show your support even in the smallest way.
- Register participation in the ABA Foundation’s financial education programs to access FREE resources.
- The Foundation’s financial programs can be done at any time during the calendar year – it doesn’t have to be April.
- Don’t worry about registration numbers – take your best guess!
- Please do NOT send the lesson plans directly to parents/teachers. We want to make sure bankers still have a communication channel to their community as being the real-world expert. Also, the lessons as of right now are not structured to be taught virtually.
Resources Available Now:
- ABA Consumer Resources – Youth & Money
- Ways to Talk to Your Kids About Money
- Money Talks Newsletter
- Needs Vs. Wants Coloring Sheet
- Bankers and You Bingo
- Spot the Banking Difference Activity Sheet
- On the latest episode of the American Bankers Association Banking Journal Podcast one bank discusses what they are doing to revamp its financial education offerings for virtual formats, as well as some lessons learned along the way. The ABA Foundation’s Jeni Pastier talks about how to deliver the foundation’s signature Teach Children to Save program virtually, as well as other resources from ABA for digital financial education. Listen here.
- Each of the ABA Foundation’s financial education program’s
private resource page, available to bankers who have registered
participation, has a Social Media Toolkit. This is an easy, one
click resource for bankers to promote Teach Children to Save
(TCTS) through their own social media channels.
- Financial Literacy Month social media toolkit has been updated. Access the toolkit here. Use #financialliteracymonth and #vabankers in social media posts so VBA and ABA can help amplify your efforts.
- The TCTS toolkit has been updated to include virtual lessons. Access the toolkit here. Use #TeachChildrenToSave and #vabankers in social media posts so VBA and ABA can help amplify your efforts.
- Ten Years of Lights, Camera, Save! Finalists Videos are all posted to ABA’s YouTube Channel and can be shared on your bank’s social media channels or via direct community outreach. These short videos, all created by 13-18 year olds, are an entertaining way for viewers to see smart savings skills implemented. When using the contest videos include #LightsCameraSave and #vabankers in your post so VBA and ABA can amplify your efforts.
The VBA has partnered with Banzai, a carefully designed web-based financial literacy program for all ages and groups, including K—12 schools, community programs, employee onboarding, and even families. A partnership with Banzai provides an opportunity for Virginia banks to enhance your existing financial education initiatives and deliver the latest technology to local schools through a private-labeled program that teaches, assesses and certifies students in a variety of personal finance topics.
In the past few weeks, teacher requests for Banzai resources have increased by 300%! This is a great opportunity for your bank to support schools and teachers that are in need of online education tools to share with their students.
You can view a sampling of the Banzai Direct platform here where you can browse their course offerings, calculators, and available coaches.
Browse their interactive library here, which includes articles on insurance, retirement, taxes and more!
As an introductory offer, VBA member banks are eligible for a 20% discount for any schools reserved and/or the Banzai Direct platform through May 1, 2020*.
*Offer applies to new Banzai bank sponsors as well as current Banzai bank sponsors for any new reservations made with schools or with the Banzai direct platform. Please note that banks do not pay for Banzai until a school activates the account. Schools are reserved on a first-come, first-served basis.
Financial Literacy Themed Book Suggestions
- Virginia Council on Economic Education – Remote Learning Lessons
- The Richmond Fed’s Economic Education Resources
- The Federal Reserve Bank Economic Education Resources
- Econ Lowdown: Free K–12 and College Resources
- An Economic Education Webinar for Teachers – Register By April 21
- Ella’s Adventures Online Courses for Grades 2-4
- US Mint – H.I.P. Pocket Change Kids Site
- Practical Money Skills
- Better Money Habits, in Partnership with Khan Academy
- FEMA – Be Prepared for a Financial Emergency
Press & Social Media Resources
Social Media Images for Download:
The Great Investo – Resource from the Delaware Bankers Association
Enjoy a magical video lesson with The Great Investo as he reads the new book ”The Great Investo and the Astounding, Abounding, Compounding Machine.” Explore all of the resources here.
View the video here.
Kids between the ages of 8 and 11 can join The Great Investo Savers Club. The Club has lots of fun and informative ways to set goals and start saving! Click on the picture at right for more information on the The Great Investo Savers Club.
You can enjoy Investo and Penny’s adventures in the series of illustrated children’s books available from Amazon and other retailers. Their latest adventure is The Great Investo and the Winning Ticket.
The six-part Money Magic series introduces elementary school students to age-appropriate personal financial concepts in order to instill sound money skills and build future financial independence. Each lesson includes a eight-to-ten minute video, teacher lesson plan, and student activities sheet.