PURPOSE PROGRAM

    The Federal Deposit Insurance Corporation (FDIC) recognizes the importance of
    financial education for everyone, including people with no banking experience.  It
    created the Money Smart Program to help adults enhance their money skills and
    create positive banking relationships.

    Financial education fosters financial stability for individuals and for entire communities.
    The more people know about credit and banking services, the more likely they are to
    increase savings, buy homes, and improve their financial health and well-being.  The
    Money Smart curriculum helps individuals build financial knowledge, develop financial
    confidence, and use banking services effectively.

                                        PROGRAM OBJECTIVES

    Upon completion of the 10 Money Smart modules, students will have the knowledge
    and resources they need to:

            • Confidently use the services and products of financial institutions such as banks,
               credit unions, and savings and loans.
            • Create and implement a budget.
            • Use credit and borrow money responsibly.
            • Protect their financial rights and safeguard their money.
            • Determine their readiness to buy a home.

                                       TARGET AUDIENCES

                            This training has two primary target audiences:

    • Low- and moderate-income adults, including those who do not have bank accounts
      (the unbanked) and immigrants.
    • Middle-income adults who:

    1.         Are working.
    2.        Have bank accounts but may be “underbanked” or underserved.
    3.        Have very little financial savvy.