Financial Education Clearinghouse

Financial Education Blog

Financial education news and updates from the Washington State Department of Financial Institutions.

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Spanish Version of Money Smart for Older Adults Now Available

05/24/2015
The Federal Deposit Insurance Corporation (FDIC) and Consumer Financial Protection Bureau (CFPB) recently released a Spanish-language version of the Money Smart for Older Adults curriculum. The Spanish-language version is the companion to the English-language program jointly developed last year by...

Washington Governor Signs Bill Incorporating Financial Education into K-12 Standards

05/21/2015
On May 8, 2015, Washington Governor Jay Inslee signed into law Substitute Senate Bill 5202, making Washington State one of only 20 other states requiring financial education incorporation into existing K-12 learning requirements. Originally sponsored by Senators Mullet, Fain, Litzow, Billig, Frockt...

Online Calculators That Teach Money Basics

05/19/2015
Online calculators are a great tool for financial educators to show how certain financial habits can impact your life. These 5 calculators below are some of our favorites for introducing students to basic personal concepts. Saving for a Goal Calculator Saving for a new MP3 player, a new snow board...

CFPB Launches Financial Education Exchange

05/13/2015
The Consumer Financial Protection Bureau (CFPB) has launched a Financial Education Exchange (CFPB FinEx) and is inviting financial educators across the country to sign up. CFPB FinEx offers opportunities for you to: Learn: Review latest research, tools, and resources for financial educators. Pledge...

Add Your Classes to DFI's Financial Education Calendar

05/11/2015
Did you know that the Washington State Department of Financial Institutions (DFI) maintains a statewide financial education calendar? See: www.dfi.wa.gov/financial-education/calendar. The calendar is a great resource for both the public and our financial education partners. Adding Classes to the...

Smart About Money

05/08/2015
Smart About Money (www.smartaboutmoney.org) is a great website where you can find articles, calculators and tips to help you manage your money through life's ups and downs. On the website you’ll find helpful information such as: Saving for emergencies Refinancing mortgages Tips for increasing your...

CFPB Releases Mortgage Shopping Toolkit

04/03/2015
The Consumer Financial Protection Bureau (CFPB) earlier this week released a new toolkit designed to guide home buyers through the process of shopping for a mortgage.  “Know Before You Owe” is a great resource for home buyers and was designed to help explain the complicated mortgage process in...

FINRA Foundation-Funded Study Documents Effectiveness of State Financial Education Mandates

02/05/2015
A FINRA Investor Education Foundation-funded study released today examines the effectiveness of state mandates on financial education for high-school students, documenting notable improvements in credit outcomes for young adults who were exposed to rigorous programs. The study selected three states...

Financial Education Spotlight: Thurston County

12/17/2014
For those looking for financial education resources and classes in the Olympia area, need look no further than Bank on Thurston and Enterprise for Equity. Low or No Cost Accounts Bank on Thurston connects people with banks or credit unions that will help them to set up low cost or no cost accounts...

Plain Talk about the Foreclosure Process Video

12/08/2014
The Seattle University School of Law, in collaboration with City of Seattle, has produced an educational video that explains the non-judicial foreclosure process and shows why it is important for homeowners to seek help as soon as possible. Here’s the video: For more information about the...