America Saves Blog
Tips, advice, and the latest news from the savings world.
by Carol Kando-Pineda, Attorney, Federal Trade Commission
Right about now is the time when many of us are searching for scholarships and financial aid for our college-bound kids. Or maybe Junior is interviewing for his first job — or Muffy is buying her first car. In the middle of the paperwork, you might get a nasty surprise: your child’s credit report shows unpaid bills and a loan default.
By Debbie Matz, NCUA Board Chairman
National Financial Literacy Month is coming to a close, but there are a lot of resources available to help young consumers become more educated about money. Promoting financial literacy is a year-round commitment for the National Credit Union Administration, and the agency offers many free financial literacy and education tools through its consumer protection website MyCreditUnion.gov and the financial literacy microsite Pocket Cents, which is dedicated to helping youth, tweens and teens, young adults, parents and educators, families, seniors, and servicemembers learn how to make smarter financial decisions.
To celebrate Financial Literacy Month we have partnered with Save Up to reward those who sign up for text message tips and reminders now through April 30, 2014. As a bonus, everyone who signs up for text messages will earn 200 credits and 10 instant plays with Save Up!
You or someone you know will most likely deal with some type of credit card debt. But you can avoid credit card debt, and pay down your debt faster, if you are disciplined and determined not to let your credit cards control you. Here are some tips that can help:
America Saves celebrates National Financial Literacy Month, recognized in April, by sharing three ways individuals can take financial action by saving money, reducing debt, and building wealth.