| What and When Is Money Smart Week? | Preparation, Including Latest Money Smart Week Webinar | Program Ideas and Resources for Money Smart Week, Participation, Sponsors | Promotion | Subscribe to the Official Money Smart Week E-list |
Money Smart Week will be April 4-11, 2020.
Participate in Money Smart Week, a national initiative in its eighth year between the ALA and the Federal Reserve Bank (Chicago) to provide financial literacy programming to help members of your community better manage their personal finances. Visit the Money Smart Week home page of the Federal Reserve Bank (Chicago) for additional details about Money Smart Week. See also Become a partner.
Libraries of all types can and do participate, providing programming for all ages and all stages of life on topics such as: basic budgeting; managing student debt; retirement planning; home purchasing; saving money through couponing; and how to prevent identity theft.
In 2019, over 1000 public, academic, school, prison, and other libraries in 50 states participated. So mark your calendars to participate in 2020!
- Consult the ORE Financial Literacy Guide: Introduction, created by the ALA Office of Research & Evaluation, and funded by the FINRA Investor Education Foundation.
- Visit the Money Smart Week home page of the Federal Reserve Bank (Chicago) for additional details about the latest Money Smart Week.
- Past Webinars by the Federal Reserve Bank (Chicago)
- Become a Partner
Each year in late October or early November the ALA Chapter Relations Office hosts a free Money Smart Week webinar. The free Money Smart Week webinar to prepare for 2020 Money Smart Week, April 4 -11, 2020 was held November 21, 2019. Learn from veteran MSWeekers how Money Smart Week has been a great success for their libraries, and how it can be in yours. Get valuable programming and promotion ideas, tips on possible partners, and resources that make it easy for you. The recording is available here and the slide deck can be found by clicking here.
Financial literacy is important to all communities, and libraries—of all types—can be part of the solution. Through Money Smart Week, you can join hundreds of other libraries across the country helping individuals to better manage their personal finances. Money Smart Week is for all types of libraries- academic, public, school, prison, corporate! Join the hundreds of libraries across the country that participate in Money Smart Week, April 4 -11, 2020!
Learn how easy it is for you to participate April 4-11, 2020! Get valuable programming and promotion ideas, tips on possible partners, and resources that make it easy for you. The webinar will feature the new website and initiatives such as Money Smart Week Kids Read, Geocache for Colleges, and more.
Money Smart Week is a partnership between ALA and the Federal Reserve Bank of Chicago, and other national champions, and libraries to provide financial literacy programming for all stages of life (e.g., college students)
Thanks in advance for helping to make Money Smart Week 2020 a huge success!
Be among the first to learn more about Money Smart Week: Subscribe to the Official Money Smart Week E-list
- Go to http://lists.ala.org/sympa/info/mswlibrary
- Choose “Subscribe” from the left-hand column and provide your e-mail address
- First-time subscribers will be required to provide a password
- If you would like to unsubscribe to the list, click here:
Every parent is eager to have their child learn about money and money management. It is never too early to begin learning important financial lessons which instill good habits and smart choices.
The Money Smart Week® Kids Read program is targeted to children 5-8-years old. The adult-led group read is an enjoyable way to introduce these financial concepts. Read about how the Berestain Bears' Trouble With Money is used in the Money Smart Week Kids Read program.
Sponsor donated books can be ordered in the following states for 2020 while supplies last:
- North Carolina
Money Smart Week on Pinterest
Money Smart Week (Angela Meyers)
Money Smart Week (Chicago Fed)
Money Smart Week (Waukesha County Federated Library System)
Money Smart Week 2013 (Kirstein Business Library)
Money Smart Week 2014 (Missoula Public Library)
Follow Money Smart Week
Continue to follow Money Smart Week / CRO on Twitter: #MoneySmartWeek and #MSW2020 and #BeMoneySmart
Program Ideas and Resources for Money Smart Week Programs
Thought I would share the list of responses from other librarians as to what programs were especially popular at their libraries during Money Smart Week last April. Hope the listings might give you some program ideas for April 4 -11, 2020!
Financial Literacy Topics
- Basic Banking Services
- Credit and Debt Management
- Estate Planning
- Fairs and Multi-Program Events
- Going Green to Save
- Healthy Habits that Save
- Identity Theft/Investment Scams/Financial Fraud
- Investing and Wealth Building
- Kids and Money
- Money Management for Women
- Personal Finance 101/Budgeting
- Preparing for Financial Emergencies
- Retirement Planning
- Savvy Shopping and Bargain Hunting
- Small Business and Entrepreneurship
- Student Loans
- Teens and Money
- Tours and Special Events
- Unemployment and Job Transitioning
Memoranda of Understanding
Financial Literacy Education in Libraries
Financial Literacy Education in Libraries: Guidelines and Best Practices for Service (PDF) is the result of a Sparks! Ignition Grant awarded by the Institute of Museum and Library Services to the American Library Association’s Reference & User Services Association (RUSA). These guidelines were created by a working team drawn from the Business Reference and Services Section (BRASS) of RUSA, under the direction of an advisory group of experts in financial literacy.
Please link to https://www.moneysmartweek.org/ unless you want to link to your own MSW activities.
MSW Facebook Profile
Promote Money Smart Week with Bookmarks and Posters
The Consumer Financial Protection Bureau, as a national partner in Money Smart Week, will be providing free posters, bookmarks, and other resources to libraries this year!
The Consumer Financial Protection Bureau focuses on ways to reach consumers in their communities as they make financial decisions. Libraries are trusted institutions and serve as a central neighborhood resource. Libraries presence in local communities across the country makes them natural channels for financial education. The CFPB works with libraries, national library and service organizations, and community networks to identify resources and community partnerships that can help libraries offer financial education programming.
Our goal is to make public libraries a resource for consumers seeking information about their financial decisions.
Through this initiative, we provide access to free tools, materials, and other resources that will help make libraries the go-to resource in their communities for unbiased financial information and education. These include:
- Free Publications for Libraries. The mission of the Consumer Financial Protection Bureau is to make markets for consumer financial products and services work for consumers by making rules more effective, by consistently and fairly enforcing those rules, and by empowering consumers to take more control over their economic lives. We share ideas for money-themed programs and promising practices that have worked in libraries just like yours. We also include suggestions for resources and promotional partners. Easy-to-understand worksheets, informational guides, and handouts on a variety of money topics from the CFPB, Federal Trade Commission, Department of Labor, Securities and Exchange Commission and other government agencies.
- Online Resource for Financial Education. A time-saving, consolidated list of noncommercial, money-related websites, videos, and tools that have been reviewed and selected by financial education experts at the CFPB.
- Program Ideas. Use the program ideas and materials here to serve the patrons who use your library.
- Marketing Materials. Bookmarks, standing displays, posters, screen savers, web banners and more. You can order these free materials, or download PDFs to add your logo and print them locally.
- Library Staff Training. Participate in monthly webinars, or view past sessions to learn about personal finance topics and issues.
- Community Partnership Guidebook for Libraries: How Libraries Can Build Relationships to Create Financial Education
Programs for Their Communities (PDF). We help you think through the process of building and documenting collaborations that would work for your library, your partners and your patrons.
For additional resources and information, visit consumerfinance.gov/library-resources. Looking forward to continue working with you in 2020!