Money Smart - A Financial Education Program
Money Smart for Adults
The Money Smart for Adults instructor-led curriculum consists of eleven training modules that cover basic financial topics. Topics include a description of deposit and credit services offered by financial institutions, choosing and maintaining a checking account, spending plans, the importance of saving, how to obtain and use credit effectively, and the basics of building or repairing credit.
Each of the 11 modules is structured in an identical manner and includes:
- A comprehensive, fully scripted guide for instructors. The guide includes everything necessary to start teaching the program, including easy to follow cues, script, and interactive class exercises.
- Slides in PowerPoint and PDF format.
- A take-home guide for participants that includes tools and information that participants can use independently after completing a module.
The curriculum also offers:
- A Guide to Presenting which provides a quick orientation to how to use the Money Smart material.
- An Instructor Supplement: Scenarios for Financial Inclusion which provides four scenarios featuring individuals with disabilities thinking about financial decisions.
Money Smart may be taught to students in a classroom or small group setting. It may also be used in a more personalized setting, such as by counselors working with individual clients. Educators can also integrate portions of Money Smart into other educational resources.
An instructor can teach all eleven modules sequentially or one or more individual module(s) on a stand-alone basis depending on audience needs. Instructors are strongly encouraged to assess the educational needs of their audience and present the module(s) or section(s) of a module that address those needs.
If taught in their entirety, each module takes between 1-2 hours of classroom time to teach. A layering matrix table appears in the instructor guide for each module to provide a break-down of topics, subtopics, target audience, and activities for the module.
The instructor-led version of Money Smart is available in Braille and large print for the visually impaired, English, Chinese, Haitian Creole, Hindi, Hmong, Korean, Russian, Spanish, and Vietnamese.
The FDIC provides the Money Smart curriculum to interested parties free of charge. A limited number of copies are available to each party; however, the materials are easily reproduced and have no copyright restrictions.
FDIC staff is available to provide technical assistance and to help facilitate partnerships among interested parties.
The curriculum can be downloaded, but it is also available in CD format.
The 11 Money Smart Training Modules
Bank on It
Check It Out
Pay Yourself First
Keep It Safe
To Your Credit
Charge It Right
Loan To Own
Your Own Home
Longitudinal Evaluation of Money Smart
Research demonstrates that the Money Smart curriculum can positively influence how adults manage their finances, and these changes are sustainable in the months following the training. Learn more:
- Survey Shows FDIC's Money Smart Program Improves Consumer's Money-Management Practices and Financial Confidence (FIL 46-2007)
- A Longitudinal Evaluation of the Intermediate-term Impact of the Money Smart Financial Education Curriculum upon Consumers’ Behavior and Confidence - April 2007 - PDF 1.1 MB
- Banking on Financial Education (FDIC Quarterly, 2007 Volume 1, Number 2)