Patrons and students need guidance to navigate what can feel like an overwhelmingly complex financial landscape. And if the nation is to address its wealth inequality, libraries can help. Moderator Kenneth McDonnell, financial education program analyst at the Consumer Financial Protection Bureau, gave an overview of a pilot project the US federal agency created to … Continue reading Money Know-How
Created to facilitate the forgiveness of remaining balances on federal Direct Loans (student loans made directly by the US Department of Education), PSLF made headlines as a way to free up financial futures for many people. To be eligible for forgiveness, individuals had to have made 120 monthly payments under a qualifying repayment plan while … Continue reading Recognition and Relief
Episode 70, “Making Financial Sense,” marks the podcast’s six-year anniversary and the first installment helmed by American Libraries Associate Editor Diana Panuncial. In this episode, we celebrate Financial Literacy Month and wrap up Money Smart Week (April 9–16). The podcast team talks with library workers about some big questions around money: How do we raise … Continue reading Call Number Podcast: Making Financial Sense
Created to facilitate the forgiveness of remaining balances on federal Direct Loans (student loans made directly by the US Department of Education), PSLF made headlines as a way to free up financial futures for many people. To be eligible for forgiveness, individuals had to have made 120 monthly payments under a qualifying repayment plan while … Continue reading Recognition and Relief
For a significant number of Americans, the answer is no. Roughly 30% of respondents to a 2018 National Household Survey said they do not have any money set aside for an emergency. In another survey, 40% of Americans reported that they don’t have enough money to cover a $400 emergency expense. At “A Natural Disaster … Continue reading Can You Afford a Disaster?
1,000 Approximate number of libraries that participated in Money Smart Week activities in 2018. This year it will be observed March 30–April 6 and will include thousands of free programs and events across the country to help educate consumers on how to better manage their personal finances. 141,740 Number of people who attended Money Smart … Continue reading By the Numbers: Money Smart Week
First, American Libraries Associate Editor and Dewey Decibel host Phil Morehart talks with Lori Burgess, director of operations at Fond du Lac (Wis.) Public Library and the recipient of a 2012 Wisconsin Financial Literacy Award, about her library’s programs and why financial literacy education is important. Next, Morehart speaks with Heather McCue, a children’s librarian … Continue reading Dewey Decibel Podcast: Money Talk
