The Financial Literacy and Education Commission (FLEC) has launched its enhanced financial literacy education Web site, www.MyMoney.gov. The redesigned site, which was announced on April 27, is intended to expand financial education and serve as a resource for Americans seeking information to inform their personal financial decisions, according to an announcement.
President Obama has proclaimed April National Financial Literacy Month, and this online offering is one of the administration’s initiatives.
Financial information provided by FLEC member agencies is free, and is organized to help viewers plan for life events (births, buying a home, losing a job, retirement) that have financial implications. Viewers can find information focused on their profession (teacher, for instance) or personal status (student, parent). The site also provides money management tools, such as worksheets for setting up a household budget and a financial savings calculator. It also highlights current issues, such as what consumers need to know about new credit card rules.
The improved site is available in English and Spanish, and FLEC promises further enhancements, though whether these will include additional languages was unclear in the announcement.