MyMoney.gov, A Site with Resources and Tools that are Helpful for AFI Grantees and Program Participants

MyMoney.gov is a helpful website that provides useful tools, resources, and other information that AFI grantees may find valuable as they work with their program participants on financial education. Maintained by the U.S. Financial Literacy and Education Commission, MyMoney.gov is the federal government’s website dedicated to teaching all Americans the basics about financial education.

At MyMoney.gov, AFI grantees will find budgeting resources that provide advice for managing money in troubled times as well as a list of 66 ways to save money.

Among the resources on paying for an education, you will find tips for budgeting while in school and a wealth of information on financial aid.

If a program participant is starting a business, MyMoney.gov includes resources on determining whether entrepreneurship is for you, developing a business plan, and basics on marketing.

On the home ownership resources page, you will find information on the nine steps to buying a home, tips on avoiding foreclosure, and information on different types of mortgages. You will also find tools such as calculators that allow you to compare the costs of renting and buying or compare up to six different mortgages.

These are just a few of the numerous resources on MyMoney.gov that AFI grantees and their program participants may find useful. Be sure to check out MyMoney.gov today!

This article originally ran in the IDAresources.org Update Newsletter on 06/11/09 and is available for archival purposes.
For updated information on asset building and the AFI program, please see www.IDAresources.org.