Financial Literacy Now: New York

Campaign for Financial Literacy

Get smart with your money! The New York Public Library can help.

The more you learn about your finances, the more you can save or invest to get the most from your money.

• Spend or save? As you consider your needs versus your “wants,” remember that even a few dollars each week can add up.
• Afraid to keep your money in the bank? Don’t be! Here’s why...The FDIC insures most savings accounts up to $250,000. How do you know if your bank account is insured?
• Credit and debit cards are easy to get, but are you choosing the best option for you?
  Debt and a poor credit rating can prevent you from getting a job.
• Borrowing on a credit card has hidden costs. Low minimum monthly payments can be VERY costly. How much could you save by paying sooner?
• Planning to buy a home? What’s the best type of mortgage for you?
• You can start investing with as little as $100. But where do you find reliable information if the terms “stocks”, “bonds”, “mutual funds” and “ETF’s” are a mystery to you?
• Want to plan now for your child’s college education, or your retirement?
  Basic financial education can help you keep your hard earned money, and make it grow.

Take a first step by attending a financial literacy session –a class or a public program --at The New York Public Library, learn more about saving and investing as you explore the reliable, web-based financial information resources we’ve selected for you.

Take advantage of the rich range of information resources and programmatic activities brought to you by Financial Literacy NOW, a educational campaign underwritten by the McGraw Hill Companies.