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10 Resources for Financial Education

Online and offline tools to help you learn about money

Education is the key to any good decision because when you have all the information you can make the best decision.

Wouldn’t you agree?

Knowledge starts with finding the best resources for financial education and that’s why we’re here to help.

We believe in the value of being financially educated, so we’re sharing 10 tools to help with all aspects of your money life from credit card payments to mortgage loans. Everyone from beginners to seasoned money mavens can use a little advice when it comes to making money, tracking money, saving money, and spending money.

1. Start with small changes. Using tools like our Brown Bag Savings Calculator shows how much you’ll save by bring your lunch to work. Start by brown bagging it twice a week and watch your savings add up -- you’ll never want to buy lunch again.

2. Learn about your situation. Before applying for credit you need to know where you stand financially. Our Debt to Income Ratio Calculator does this for you. A 40 percent (or lower) debt to income ratio is ideal -- what’s yours?

3. Don’t underestimate a good book. Sometimes all you need is a good old paperback to help change your life. Reading stories of how others found resources for financial education to learn about budgeting and paying off debt is all the motivation you need to take that first step.

4. Ask about money, it’s OK. Think about the last time you bought a TV, was it suggested by a family member or friend? If you can take referrals for big purchases why not take them for money? It’s no longer taboo to talk about money, in fact people like to help. So ask your friends and family about their bank, credit cards and other financial products.

5. Find a budget tool. Sometimes one of the best resources for financial education is the cold hard truth. Using a budgeting tool such as Mint will show where your money goes, from there you can spot spending patterns and make cuts.

6. Go old school with Spreadsheets. Tracking your income and expenses with a good old fashioned spreadsheet keeps you accountable for your spending. If you have to enter every dime you spend maybe you’ll be less willing to pull out your wallet.

7. Use a Debt Relief Calculator. This is a great resource for financial education because it creates a personalized plan to get you out of debt. Outstanding debt balances can be overwhelming; this calculator shows you the light at the end of the tunnel.

8. See what’s right for you. Buying a home is one of the biggest financial decisions you’ll ever make, wouldn’t it be nice to know if it’s the right one? Our Renting vs. Buying Calculator helps compare the costs of both options to determine which one fits into your budget.

9. Visit your bank branch. Everyone in a bank branch -- from tellers to financial planners -- is there to lend a hand. Whether you have questions about monthly bank account fees or taxes on your savings there is someone in your bank branch who can help.

10. Talk to a credit counselor. If you want to find resources for financial education this should be your first call because a credit counselor can be your best friend. They will help you understand your debt and find solutions to your debt problem.

Join over 300,000 people who changed their financial lives; call us today at 1-888-919-CESI. One of our professionals will help find the resources for financial education you need to start making positive changes.

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Consumer Education Services, Inc. (CESI) is a non-profit service provider of comprehensive personal financial education and solutions for all life stages and for all of life’s milestones. Our goal is enhanced economic security for everyone we serve.


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