MoneySKILL is a customizable, online personal finance course designed to educate students about money management and provide them with skills and knowledge to make sound financial decisions. It consists of 37 modules in English and Spanish and covers topics such as budgeting, savings and investing, credit, and more.
MONEYSKILL IMPACT EVALUATION is a report that assesses the impact of the MoneySKILL curriculum by measuring changes in financial behaviors and knowledge from 2014 - 2020 among middle school, high school, and college age students.
The AFSA Education Foundation partnered with Dr. Carly Urban, Associate Professor of Economics at Montana State University, to assess the impact of the MoneySKILL curriculum. This evaluation measures changes in financial behaviors and knowledge, specifically among middle school, high school, and college MoneySKILL users between 2014 and 2020.
MoneySKILL Myth Breakers is a webpage and downloadable handout that explains the truth behind ten common personal finance myths. It is designed as a supplemental resource for classes using MoneySKILL or other personal finance courses. Topics include identity theft, bankruptcy, credit scores, buying a car, co-signing a loan, and more.
Understanding APR is a downloadable booklet that describes what APR is and how it should be used to understand interest rates and personal loans. Topics include the Truth in Lending Act, credit scores, a monthly spending worksheet, and a chart comparing loans with varying length, amount borrowed, and fees.
Understanding Payment Protection Insurance is a downloadable booklet about how insurance can be used to protect your credit and your loved ones from unexpected life events such as involuntary job loss, illness, accident, death or loss of the loan collateral. It describes how these events can be devastating if one is not prepared financially.
Understanding Personal Loans is a downloadable brochure designed to help students understand the terms of financing and issues to consider before entering into a personal loan. Also included is a summary of Federal credit laws, a glossary of terms, and worksheets for a monthly spending plan and a comparison of financing terms for various loans.
Understanding Small Dollar Loans is a booklet that compares installment loans with payday loans, pawn loans, and car title loans. A chart summarizes the differences between these products. A summary of five major Federal credit laws is included.
Understanding Vehicle Financing is a downloadable booklet that explains vehicle finance laws and terms. It includes a spending plan worksheet, tips for applying for financing, and answers questions about leasing, co-signers, free credit reports, and a worksheet on how to comparison shop for the best financing.
UNDERSTANDING YOUR CREDIT RISK contains information about understanding the risk to the borrower in different loan products. It details factors to consider when assessing the risk of a particular type of loan, including secured loans, balloon payments, and lending options.
