Books in this guide help young people explore personal values about money, treat people from all socioeconomic backgrounds with dignity and respect, and address the foundational concepts that comprise financial capability (defined as having the knowledge, skills, and opportunities to earn, save, spend, invest, and share money effectively). Equally important, the books are up-to-date (the guide focuses intently on recent titles) and a pleasure to experience.
The guide also shares tips and resources that the librarians have collected through research and their own experiences.
Financial Literacy and Business Continuing Education for Librarians
Money Matters is a series of workshops and modules designed to help New York Public Library staff, other libraries, and not-for-profit organizations learn vital personal finance topics and terminology.
ALA and the FINRA Foundation provide a suite of library staff training resources on a full range of financial literacy topics. This includes a series of self-paced online courses structured around reference scenarios on topics ranging from basic money management to investing to estate planning.
The book is designed for both preservice and in service social studies teachers and is written at a level understandable to both undergraduate and graduate students. The book challenges the teacher or teacher-to-be to think critically about financial literacy instruction as a necessary and important portal to social justice for the students of today.
A personal finance education campaign established by the Federal Reserve Bank of Chicago. Money Smart Week is typically in April of each year and is an opportunity for libraries nationwide to host financial literacy programs and activities for patrons.
A series of free lessons to enhance life skills (including lessons on personal finance). ProLiteracy is a nonprofit dedicated to improving the quality of life for adults by building their literacy skills.
A survey from the American Psychological Association shows that money is a more frequent cause of worry than work, family, or health issues. Empowering people with the knowledge to make sound financial decisions is an important way to make a difference in your community, and many libraries across the country are doing just that. Drawing from the expertise of business librarians and ALA's Public Programs Office (PPO), this book is a ready-to-use guide for offering financial literacy initiatives at your own library. Presenting 16 model programs from a variety of institutions, complete with budgets and funding sources, this resource shares resources for free outreach materials and training; approaches to Money Smart Week from institutions such as public libraries, a tribal library, and community colleges; tips for developing partnerships with members of the local business community; ways to facilitate discussions between parents and children about finances, such as creating a play and learn career center for children using the Family Place model; programming for teens, including a Harry Potter-themed financial literacy series; a program where a banker advises college students on questions to ask when shopping for credit cards; how to collaborate with health and social services agencies in order to reach immigrants and underserved populations; and methods for evaluating and strengthening a personal finance collection. Using these model programs and tools, you'll be taking steps to ensure that your library's users are rainy day ready.
Real-life stories from PBS showcasing young people overcoming financial struggles.
RUSA Financial Literacy Interest Group
The RUSA Financial Literacy Interest Group brings together librarians from all kinds of libraries who work to increase financial literacy among the populations they serve. FLIG sponsors programs at ALA conferences and via webinars on topics of interest to library professionals who provide financial literacy education at their libraries. ALA Members can join FLIG through ALA Connect. Those are who are not affiliated with ALA can join a free email list to receive updates about FLIG programs and opportunities from vetted groups that provide free financial literacy resources for libraries, such as the FINRA Foundation and the CFPB.