ALA is pleased to announce a partnership with the Federal Reserve Bank of Chicago to make Money Smart Week @ your library a national initiative, April 2–9, 2011. Celebrating its tenth year in 2011, Money Smart Week’s mission is to promote personal financial literary. Libraries of all types in the Midwest have already participated in Money Smart Week, creating successful programming while partnering with community groups, financial institutions, government agencies, educational organizations and other financial experts to help consumers learn to better manage their personal finances.
“Our participation in Money Smart Week Wisconsin over the last three years has brought hundreds of new patrons into the library and has helped us forge new community partnerships,” reports Lori Burgess, Support Services Coordinator, Fond du Lac (Wisc.) Public Library.
Libraries have attracted large audiences for financial seminars and classes. Libraries have been instrumental in the success of Money Smart Week in designing, facilitating, and hosting quality events. The expansion of this national initiative comes at a critical time in our country’s economic history. Participation in Money Smart Week @ your library gives libraries an opportunity to get involved in financial education at a grass-roots level, while demonstrating their commitment to promoting responsible money management and improved quality of life.
Libraries are excellent venues for Money Smart Week events. For decades, patrons have used libraries for unbiased business resources and financial information. From stock research to small business information, they have served job seekers, investors, entrepreneurs, business students and executives, providing the most up-to-date reliable sources available for making informed financial decisions. Combined with this established tradition of supporting local economic development, libraries have earned a reputation as reliable and trustworthy places to go for financial information.
How to Participate
During Money Smart Week @ your library, libraries are encouraged to partner with nonprofit groups, schools, colleges, local businesses, government agencies, and area financial institutions. The new Money Smart Week @ your library website provides ideas on how to get started with suggested resources, partner tools, promotional items, and programming topics. Libraries across the country can participate independently or as part of existing state and regional campaigns. Get involved in Money Smart Week @ your library and promote financial literacy in your communities!
Using the Website
Working with a committee of librarians who have already participated in Money Smart Week, ALA and the Federal Reserve Bank of Chicago have created a Money Smart website for librarians that provides a great list of resources and programming ideas for public, academic, school, and special libraries.
Sample program ideas include:
- Slaying the Debt Dragon
- Understanding today’s Real Estate Market
- Financial Literacy 101
- BizKids Budgeting Basics
- Don’t Pay the College Sticker Price
- Turning Your Ideas into Income
- Smart Investing
Visitors can also find resources on:
- Basic Banking Services
- Healthy Habits that Save
- Credit and Debt Management
- Kids and Money
- Personal Finance/Budgeting
- Investing and Wealth Building
- Teens and Money
- Retirement Planning
- Estate Planning
- Small Business and Entrepreneurship
- Saving and Planning for College
- Preparing for Emergencies
- Money Management for Women
- Housing/Mortgage Foreclosure
- Identity Theft
- Going Green to Save