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Keywords:Financial literacy 

Journal Article
Jumpstarting a new career

New Hampshire's young people are learning sound personal financial management skills. Leading the effort is Dan Hebert, who left a career in consumer lending to become president of the New Hampshire Jump$tart Coalition for Personal Financial Literacy.
Communities and Banking , Issue Fall , Pages 18-19

Journal Article
Building Wealth Characters Get Animated

When the Federal Reserve Bank of Dallas updated its popular print publication, Building Wealth: A Beginner's Guide to Securing Your Financial Future, it also produced a new animated, interactive CD-ROM version.
e-Perspectives , Volume 7 , Issue 1

Conference Paper
Credit, capital and communities: new roles present community-based organizations with new opportunities

Proceedings , Paper 966

Journal Article
FLLIP's \\"your money & your life financial education program reports high marks after first year

Profitwise , Issue Spr , Pages 8-9

Working Paper
Confidence, Financial Literacy and Investment in Risky Assets: Evidence from the Survey of Consumer Finances

We employ recent Survey of Consumer Finances (SCF) microdata from the US to analyze the impacts of confidence in one’s own financial knowledge, confidence in the economy, and objective financial literacy on investment in risky financial assets (equity and bonds) on both the extensive and intensive margins. Controlling for a rich set of covariates including risk aversion, we find that objective financial literacy is positively related to investment in risky assets as well as debt securities. Moreover, confidence in own financial skills additionally increases the probability of holding risky ...
Finance and Economics Discussion Series , Paper 2020-004

Journal Article
Banking on Financial Education

Last fall, the Texas Department of Banking surveyed Texas banks to identify the financial education services and programs they offer. One hundred and fifty-four banks responded to the online survey.
e-Perspectives , Volume 7 , Issue 1

Working Paper
Financial education in San Francisco: a study of local practioners, service gaps and promising practices

The landscape of financial education services in San Francisco is broad, with multiple organizations offering services for diverse populations. However, until recently, there has been little effort to coordinate the many resources and organizations committed to promoting financial education. The recently formed San Francisco Financial Education Network is a collaborative group of nonprofit service providers, philanthropic funders, and local public sector representatives dedicated to improving the provision of financial education services in the city. Network participants agreed there is ...
Community Development Working Paper , Paper 2009-08

Journal Article
Ways to work: putting working families behind the wheel and heading toward a stronger financial future

The demand for cars is strong in many areas of the country where public transportation fails to meet the needs of working families. Long commutes make it hard to get to work on time and take workers away from their families and homes. Using a Ways to Work loan to purchase a reliable vehicle makes it easier for workers to hold down a job, advance into better-paying jobs in different locations, or pursue additional education or training.
Profitwise , Issue May , Pages 11-13

Working Paper
Paying Too Much? Price Dispersion in the U.S. Mortgage Market

We document wide dispersion in the mortgage rates that households pay on identical loans, and show that borrowers' financial sophistication is an important determinant of the rates obtained. We estimate a gap between the 10th and 90th percentile mortgage rate that borrowers with the same characteristics obtain for identical loans, in the same market, on the same day, of 54 basis points|equivalent to about $6,500 in upfront costs (points) for the average loan. Time-invariant lender attributes explain little of this rate dispersion, and considerable dispersion remains even within loan officer. ...
Finance and Economics Discussion Series , Paper 2020-062

Conference Paper
Moving from unbanked to banked: evidence from the Money Smart program

Using data collected from participants of the FDIC?s Money Smart program, this study investigates the impact that financial education has on an individual?s decision to move from unbanked to banked. To date, most programs and initiatives that target the unbanked define program impact by the number of bank accounts opened. This study provides evidence that the best measure of program ?success? may not be the number of accounts opened, but instead whether the program has provided the unbanked with the skills and tools necessary to make sound financial decisions given their financial ...
Proceedings , Paper 964

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