It’s a Money Thing

It's a Money Thing is a collection of effective financial education content designed to engage and teach young people and adults. Its clever content is delivered in easy to digest quick bites, making learning about finances interesting and engaging. Each unit features a short video, a worksheet, an article, and a Power Point presentation. You can pick and choose what you want to use, and all topics are aligned with the Council for Economic Education’s National Standards for Financial Literacy.


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Credit Union Advantage



The 7 Co-operative Principles


Think about it: it likely took place before your first job, even as far back as when your annual income consisted of Tooth Fairy money and lucky pennies. The very first financial decision you ever made is also one of the most important choices—it’s where to keep your money.



Choosing a Financial Institution


Think about it: it likely took place before your first job, even as far back as when your annual income consisted of Tooth Fairy money and lucky pennies. The very first financial decision you ever made is also one of the most important choices—it’s where to keep your money.





Growing Money Locally


Supporting your local community is a positive thing—it builds relationships, strengthens the local economy, and it makes your neighborhood a happier and healthier place to work and play.





Credit Union Myths


Credit Union Myths address four common misconceptions surrounding credit unions. Members will learn how credit unions compare to other financial institutions when it comes to service, safety and access to funds.





Borrowing



Demystifing Mortgages


Asking the right questions is an important part of every financial decision you make, and home ownership is no exception. If you’ve been thinking about buying a place, preliminary research will turn up a long checklist of questions for you to ask at every part of the process. There are questions for your financial institution, questions for your mortgage broker and questions for your real estate agent. But what about the questions you should be asking yourself?



How to Save on Tuition


Successful scholarship applications take considerable time and effort. Although there’s no shortcut to a quality application, there are steps you can take to make your efforts as rewarding as possible.



Leasing vs. Buying a New Car


When it comes to buying a new car, you have three options: purchasing it with cash, purchasing it through a loan (also known as financing) or leasing it. For most shoppers, the decision comes down to buying or leasing.



Owning vs. Renting a Home


The average person moves residences about 11 times in their lifetime. That provides a lot of opportunity to confront the following question: is it better to own your home or to rent it? It’s a huge decision that affects your lifestyle as much as it does your finances, and the answer will vary depending on who you ask.



Loan Basics


Loans help finance some of our biggest goals in life. They can provide access to possibilities that we can’t afford upfront—possibilities like going to school, buying a home, or starting a business (to name just a few).


Aspectos básicos de los préstamos


Estos materiales son una buena introducción a los tipos de préstamos y su vocabulario, y se pueden usar como un repaso antes de abordar temas más avanzados en ese rubro.





Student Loans


If you're considering financing your college education with the help of a student loan, the smartest thing you can do for yourself is to only borrow what you truly need. Learn how here.





Strategies for Debt Repayment


Responsible debt repayment is a valuable skill when it comes to borrowing money. Without it, regular purchases can lead to extreme financial hardship. This lesson introduces students to three popular debt repayment strategies (the Snowball method, the Avalanche method and Consolidation) and a personal debt repayment plan.


Estrategias para el pago de la deuda


En estos materiales se describen tres enfoques para diseñar un plan para pagar las deudas: el método de la bola de nieve, el método de la avalancha y la consolidación.





Predatory Lending






Buying a Used Car


Walk through the benefits of buying used and learn what to check for and how to get the best deal. This will help your young members and potential members make informed decisions before committing to a such a major purchase.





Paying for School


Paying for school is an important subject that requires a proactive approach. By understanding student loans, grants, awards and scholarships, students can get ahead of the game in financing their education.





Buying Goods and Services



Living on Your Own


Living on your own for the first time can be empowering, but bills tend to sneak up on us because they don’t fit nicely into a routine. They all have different due dates; some need to be paid monthly, others yearly, and some have amounts that fluctuate. It takes a lot of wrangling to get them all under control. Learn how to make it all work.





How to Save on Groceries


Picture this scenario: you’re steering your shopping cart through the sliding doors of the supermarket, shopping list in hand. As you walk the aisles, there’s a strategy you can use to save an average of 33% on your entire purchase. No coupons or rewards cards needed. And the best part? You still get every single item on your list.





Good Spending vs. Bad Spending


In personal finance, there are some classifications that we can all agree on: Debt is bad. Emergency funds are good. Overdrawing your account is bad. Earning interest on your savings is good. If you're waging an inner battle of good vs. bad every time you pull your credit card or look at your bank statement, it's probably time to give your views on budgeting a shake up.





Budgeting Basics


Learn the basics of effective money management. It’s easy to blame our budget failures on the numbers we use, or the categories we create, or even the specific budgeting system we choose—but, the underlying cause of a hard-to-stick-to budget is our relationship with it. These ground rules will set you up for success by changing the ways you look at budgeting.


Aspectos básicos del presupuesto






Building a Budget


Budgeting is a skill that helps you make smart decisions with your money. It ensures that you’re spending less than you earn, it prepares you for life’s curveballs, and it funds your goals and your dreams.


Construir un presupuesto






Know Your Checking Account


Despite checks gradual decline in use, they haven't become completely extinct. We still keep our money in checking accounts, balance our checkbooks, and new banking technologies (like Mobile check imaging) are being introduced to improve the process of paying by check. So, there are still a couple of check related best practices that you need be aware of to stay on top of your finances.





Paying for PETS


Budgeting is a skill that helps you make smart decisions with your money. It ensures that you’re spending less than you earn, it prepares you for life’s curveballs, and it funds your goals and your dreams.





Earning an Income



Income Essentials


Filling in the blank of who we want to be can be an exciting, troubling, or outright confusing task. If you happen to be a kindergartner, it’s awesome, because at that age, dinosaur and superhero are both perfectly viable career options. As an adult, filling in the blank can be a little terrifying because that could mean you’re now a grown-up (whether or not you feel like one) and here you are, still secretly looking for ideas.





Common Money Beliefs


Common Money Beliefs are designed to get young adults thinking about the underlying beliefs that influence their financial decision-making. The handout is a printable personality quiz that makes for a fun activity either before or after a presentation.





Earning Money Online


It’s hard to ignore the appeal of making real money online—after all, we live in a world where bloggers land book and movie deals, top YouTubers are multimillionaires and celebrities collect thousands of dollars in exchange for a single sponsored tweet. Learn strategies for pointing & clicking your way to some extra income.





After Grad – Work or College?


Choosing a career is tough. Whether you’re a new grad or considering a career change, it’s easy to feel overwhelmed when tasked with selecting your next gig. It can define your lifestyle: determine where you live, how you spend your time and what you can afford. It’s a big deal because there are many options - even Barbie has had 130 different careers over the years!





Acing the Job Interview


It’s the night before the interview. Your outfit is all laid out, your resumé is hot off the press and you’ve Google-Mapped your route. You’ve done your company research and practiced answering the tough questions. You are perfectly prepared—and you still feel like a nervous wreck.





Let’s Talk Taxes


You just got your paycheck. Your eyes scan down the list of deductions and settle on the most important part—your take-home pay. You start subtracting your bills, your day-to-day purchases, or that expensive item you’ve got your eye on. However, hiding in the often-overlooked payroll withholdings, you may find some untapped potential.





Making Money – Junior


Making Money demonstrates that the ideal career path is a balance of skill, income and passion. Students will learn to identify three types of income (wage, salary and commission) and will have the opportunity to evaluate their dream job.





Spending Money – Junior


Spending Money shows students how their spending choices can easily be influenced by family, friends and popular culture. This content pack invites students to consider their own wants and needs. It also introduces the concept of opportunity cost.





Saving Money – Junior


Spending Money shows students how their spending choices can easily be influenced by family, friends and popular culture. This content pack invites students to consider their own wants and needs. It also introduces the concept of opportunity cost.





Writing a Business Plan


Spending Money shows students how their spending choices can easily be influenced by family, friends and popular culture. This content pack invites students to consider their own wants and needs. It also introduces the concept of opportunity cost.





Losing Your Job


Losing your job is stressful. Even with an emergency fund in place, it doesn’t take very long to feel the financial impact of a sudden loss of income. In order to reduce stress and stay motivated, make sure that your income loss recovery plan addresses the financial and non-financial aspects of losing your job.





Working From Home


The number of people working remotely is on the rise - and so are new trends in work-fromhome fashion. For many, the ability to wear loungewear during work hours is a huge perk.





Financial Investing





Compound Interest Mind Bend


You may remember it as an equation you had to memorize for math class, but it’s so much more than that. It’s the concept that powers all sorts of savings and investment products and, over time, allows you to turn your money into, well, more money!





Rule of 72


Every year, it’s nice to do a bit of “financial spring cleaning” and declutter your filing cabinet, desk drawers, and the various hiding places where miscellaneous scraps of paper tend to accumulate and multiply. Read on to find out what you should be saving, and what’s OK to shred.





Investment Vehicles


Every year, it’s nice to do a bit of “financial spring cleaning” and declutter your filing cabinet, desk drawers, and the various hiding places where miscellaneous scraps of paper tend to accumulate and multiply. Read on to find out what you should be saving, and what’s OK to shred.





Saving for Retirement


Every year, it’s nice to do a bit of “financial spring cleaning” and declutter your filing cabinet, desk drawers, and the various hiding places where miscellaneous scraps of paper tend to accumulate and multiply. Read on to find out what you should be saving, and what’s OK to shred.





Trends in the Stock Market


Every year, it’s nice to do a bit of “financial spring cleaning” and declutter your filing cabinet, desk drawers, and the various hiding places where miscellaneous scraps of paper tend to accumulate and multiply. Read on to find out what you should be saving, and what’s OK to shred.





Using Credit



Comparing Cards


There are daily decisions that come into play for every bill you pay, every tank of gas you buy, and every coffee you pick up on the way to class or work. So, what difference does it really make if you put your breakfast sandwich on credit instead of debit?





Using Your Credit Card


Credit card use plays a huge role in contributing to your credit history, which in turn is an important part of your financial footprint. Credit scores are a key component in many of the major purchases you will make in your lifetime, such as vehicles or homes.


Cómo usar tu tarjeta de crédito






Credit Score Breakdown


You’ve likely heard about credit scores before (thanks to all those commercials with terrible jingles), but what do you actually know about them? How long have they been around? And what’s the deal with checking them?


Desglose de una puntuación de crédito


Estos materiales te muestran cómo es que las puntuaciones de crédito se calculan y por qué son importantes. Se te proporcionan consejos útiles para monitorear y mejorar tu puntuación de crédito.





Boosting Your Credit Score


Credit scores are an area of personal finance that seem a lot more mysterious than they actually are. Many people believe that improving them is a matter of trial and error and, as a result, there’s a lot of “credit score advice” floating around that can end up doing more harm than good.







Protecting and Insuring



Organizing Your Finances


Everyone has some idea of what it means to be money smart—however, whether you’ve acted on that idea is a different story! Curb your spending. Pay off your debt. Contribute to your savings early and often. Compound interest is your friend. Start saving now and watch your money grow.





How to Spot Scams


If you use a cellphone or have an email account, you’ve almost certainly been exposed to an attempt at mass marketing fraud. Common examples include being interrupted by an annoying robocall just as you start eating lunch, or sometimes, the attempted fraud is kind of funny —(“An exiled prince needs my help transferring a million dollars? Really?”) that we’re left wondering how anyone could possibly fall for such an obvious money grab.





Foiling Identity Theft


Identity theft is nothing new, and yet it still manages to cost its victims billions of dollars (yes, that’s billions with a “b”) globally each year—not to mention the time and hassle involved in recovering a stolen identity.





Intro to Insurance


Although individual insurance policies & coverage details can seem very complex, the fundamentals of insurance coverage & your attitude toward it can be simple. Understanding the expectations of your insurance policy can make much of the confusion and second guessing disappear, so you can focus in on what you truly need from your insurance provider.







Savings



Pay Yourself First


Paying yourself first is an effective savings strategy because it takes willpower right out of the equation. Rather than struggling to increase your self-control, you simply reduce your need to put it in action.





Avoiding Lifestyle Creep


Have you ever caught yourself daydreaming about all of the amazing lifestyle changes that await you just beyond your next pay raise? Have you ever fantasized about how to spend a work bonus, only to have the money instantly disappear into your monthly spending? If this sounds familiar, you might be prone to lifestyle creep.





Understanding Inflation


Simply put, inflation refers to the rate of change or increase in the average prices of goods and services typically purchased by consumers. When the price level rises, every dollar you have buys a smaller percentage of a good or a service.





Responding to Financial Emergencies in Times of Uncertainty


The COVID-19 pandemic is a sobering reminder that financial challenges come in all shapes and sizes. Some obstacles - such as job loss or income reduction - are immediate and obvious. Others - such as fear or uncertainty about the future - are more subtle, but they can still disrupt our regular spending and saving patterns in a negative way.





Saving with New Skills


Learning a new skill has many potential benefits. It can entertain you, it can save you money, it can boost your self-confidence, and it can unlock new opportunities at school and at work.



Emergency Fund Boot Camp


An emergency fund is an essential part of your personal finances, and yet 26% of Americans currently have no emergency fund in place. Of those who do have an emergency fund, up to two-thirds do not have the often-recommended six months’ worth of expenses saved up.