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Money Smart

Money Smart Newsletter

April 2023

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Last Updated: April 17, 2023

In This Issue

April Monthly Message from the FDIC

April is National Financial Literacy month! National Financial Literacy Month began as Youth Literacy Day, which was created by the National Endowment for Financial Education (NEFE). This month is a great time to use or share our consumer resource center within your community.

Consider sharing or linking your website to our online suite of financial education games -- FDIC How Money Smart Are You? Everyday financial topics and information are delivered through a suite of 14 games and related resources.

Join us on social media using the #FDICMoneySmart and show us the Money Smart products in action!

Don’t Forget FDIC’s Newest Resource: The Reality Fair Toolkit

The FDIC has recently created The Guide to Organizing Reality Fairs – an interactive tool to teach young people how to balance a future budget. Participants experience what it is like to have an account at a financial institution, decide how to use their money, obtain a loan, manage debt, and more.

The FDIC guide is a comprehensive resource for organizing a three-hour reality fair for youth. It will help organizers plan an event in their community by providing checklists, timelines, and sample communications for planning a successful fair. The guide also includes resources that support the fair itself, such as participant profiles and booth worksheets.

For youth, a reality fair can be an eye-opening, exciting, and fun way to build financial knowledge and skills.

Banks often collaborate with schools or community groups to conduct these simulations. Check our guide for our helpful tools.

Latest FDIC Consumer News Edition

The April 2023 edition of the FDIC Consumer News is titled "Your First Job? This is a great time for your first bank account, too". This issue provides tips for teens embarking on their first jobs, including getting ready for direct deposit and keeping their money safe. Read the full article here.

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