One of the five basic concepts of financial literacy: all conversations around borrowing, when and why it is appropriate. More specifically, “credit and debt” refers to good decisions making about using credit cards, loans and other types of money owed.

A professional on your program team who works directly in the industry of finance, such as a banker, broker, financial advisor or economics teacher. Selection of this advisor must be based on their desire to educate the community and not to build their own client base, and therefore extra diligence is advised in this appointment.

Resources outside your program which have the potential to enrich your financial literacy activities. In addition to traditional potential assets like social services, universities and school-day counterparts, optimizing financial literacy assets demands creative research into the private finance industry in your area and existing non-profit or government organizations (whether local or online) geared toward financial literacy and consumer protection.

Representatives from all stakeholder groups that are hand selected to help you identify the unique financial literacy needs of your students and families and plan activities to meet those needs. This team may include staff members, students, parents, community members and financial experts all with strong community connection.

In addition to the traditional components, a safe learning environment in the context of financial literacy activities includes anticipating and diffusing feelings of embarrassment, awkwardness, intimidation, insecurity or privacy often experienced by students and their adult family members on the delicate subject of money.

One of the five basic concepts of financial literacy: building financial resources for the future.

This, the most intimate data level in all 21^st CCLC program design, carries added significance in the context of financial literacy. Voice, or direct input, is critical to gauge the goals of families as well as their perceptions of financial obstacles to educational success. Armed with an understanding of where they are, you can help your students and families discover a path for the future within the concrete realities of their respective financial circumstances.