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Financial Literacy and Education Commission
Did you know that there is actually a government commission established to educate the general public about financial issues? I wish I had know that before I sunk my life savings into that Seattle monorail project. "Who loves the monorail?" Not me my friend, not me!
The Financial Literacy and Education Commission (FLEC) was established under Title V of the Financial Literacy and Education Improvement Act (.PDF document), to encourage government and private sector efforts to educate and inform the public about sound money management practices, use of credit and banking services, savings and investing strategies, and other financial issues.
In addition, by Executive Order, President George W. Bush established the President's Advisory Council on Financial Literacy on January 22, 2008. Its purpose is to help keep America competitive and assist the American people in understanding and addressing financial matters. Each member of the Council represents an industry involved with the delivery of financial education to American citizens. The Council will work with the public and private sector to help increase financial education efforts for youth in school and for adults in the workplace, increase access to financial services, establish measures of national financial literacy, conduct research on financial knowledge and help strengthen public and private sector financial education programs.
Please visit MyMoney.gov for an extensive library of federal publications on a wide range of money-related topics, including budgeting, taxes, credit, home ownership, paying for education and saving for retirement. At MyMoney.gov you can also order a free toolkit of helpful financial publications.
1-888-MY-MONEY (1-888-696-6639) is the federal government's toll-free hotline accessible to the public seeking information about federal financial education materials. Information is available in English and Spanish and the hours of operation are Monday through Friday, 8 a.m. to 8 p.m. ET (except federal holidays).
Please note: To view and print .PDF documents, you must use the Adobe Reader software, which is available for download without charge.
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