Back to School Time
As students head into a new school year, it’s a great time to consider building their money smart habits. Whether it’s budgeting for school supplies or preparing teens for future financial responsibilities, the FDIC Money Smart financial education program offers free tools for learners of all ages.
Money Smart for Young People provides grade-specific financial education for Pre-K through grade 12. Teachers, parents, and youth leaders can use it to teach practical topics like saving, spending, credit, and goal setting.
For young adults starting jobs or college, Money Smart for Young Adults helps with real-world financial decisions—like managing a bank account or avoiding debt.
Organizing Financial Education Reality Fairs
Across the country, educators and community leaders are using the Guide to Organizing Reality Fairs to bring financial education to life for young people. These hands-on events simulate real-world budgeting challenges, allowing students to make decisions about housing, transportation, food, and other expenses based on a set income. Several schools and programs have found the toolkit’s customizable templates, occupation profiles, and volunteer guides especially helpful. Often surprised by the cost of everyday essentials, students gain a new appreciation for managing money. Many participants report how engaging and fun the experience was as they learned practical life skills about budgeting, needs versus wants, and financial planning.
These reality fairs can be an effective tool in classroom settings and larger community events involving volunteers including teachers, students, local businesses, and banks. Organizers say the keys to success are planning ahead, being creative with roles and scenarios, and encouraging student-led engagement. Participation has been strong and feedback overwhelmingly positive. Students walk away with valuable insights and communities benefit from renewed enthusiasm for financial capability.
Please consider sending us your Money Smart success story to ConsumerEducation@fdic.gov. We look forward to highlighting your programs in a future edition of this newsletter.
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