This website is brought to you by 22 Federal entities that work on improving financial literacy and education. It is a central place for unbiased, reliable information and materials on financial topics of interest to you.
All 22 Federal entities represented on this website work together on these issues as part of the Financial Literacy and Education Commission (FLEC) that was created by Congress in 2003 through passage of the Financial Literacy and Education Improvement Act under Title V of the Fair and Accurate Credit Transactions Act of 2003 (P.L. 108-159). Congress designated the U.S. Department of Treasury’s Office of Financial Education to lend its expertise and provide primary support to the FLEC, which is chaired by the Secretary of the U.S. Department of the Treasury and composed of 22 other Federal entities. The newly-created Consumer Financial Protection Bureau is also a member of FLEC.
With support from the Treasury Department’s Office of Financial Education, the FLEC has worked with its member Federal agencies to improve financial literacy and education and provide free, reliable financial information to the American public through the MyMoney.gov Website, and the toll-free 1-888-MyMoney hotline.
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The Financial Literacy and Education Commission (FLEC) has developed a new national strategy to promote financial literacy and education. Promoting Financial Success in the United States: National Strategy for Financial Literacy 2011 was created through a process that included conversations with private, public, and non-profit representatives from the field. Articulating a vision of sustained financial well-being for individuals and families in our nation, this document sets strategic direction for policy, education, practice, research, and coordination in the financial literacy and education field in the U.S. and identifies four goals to focus this work: 1) increase awareness of and access to effective financial education; 2) determine and integrate core financial competencies; 3) improve financial education infrastructure; and 4) identify, enhance, and share effective practices.
Implementation Plan 2011
National Strategy for Financial Literacy 2011
National Strategy Background Report