MyMoney Tools

Planning for retirement is crucial for both business owners and their employees. This resource provides an overview of different retirement plan options available to small business owners, including 401(k) plans, SIMPLE IRAs, and SEP IRAs. It outlines the benefits of each plan, eligibility requirements, and key considerations to help business owners select the best option for their company and workforce. This guide ensures that small business owners can make informed decisions to secure their financial future and support their employees’ long-term savings. Available in English and Spanish.

Steps and tips on how to rebuild credit from the Consumer Financial Protection Bureau. Download guide in PDF Format.

Consumers can use this printable guide to navigate the auto financing process, including budgeting considerations, understanding the auto finance process, shopping for an auto loan, negotiating and closing the deal. The guide also emphasizes how to avoid common pitfalls. Financial educators can also use this guide to familiarize yourself with the auto finance process, so that you can provide helpful guidance to those you assist.

CFPB recently talked with consumers and found that many of them aspire to manage their spending better. We heard that people would like to use budgets and plans, but these tools can be hard to use in guiding spending decisions in the moment. Over 90 percent of the consumers CFPB talked with were interested in tools that could tell them how much money would be left in their budget if they bought something. These consumers said that spending feedback tools could help them curb impulse spending, manage spending on special occasions, and reduce uncertainty about their financial situation. This paper discusses ideas for educators seeking to teach adults about money management and spending. This is part of a suite of resources helping consumers and financial educators who work with consumers on this topic, which includes a worksheet, and two research papers.

This guide provides information to financial institutions on how they can enhance youth financial capability by partnering with youth employment programs. It maps out how and why financial institutions can engage with these programs and highlights best practices in the Workforce Innovation and Opportunity Act (WIOA) by local communities.

This resource guide is for youth employment programs that are interested in enhancing financial capability1 and building partnerships with financial institutions. It maps out how and why such partnerships can help young people2 achieve greater financial well-being and employment success.

Eating healthy doesn’t have to be expensive. MyPlate tips and materials can help you make healthy choices while staying within your budget. Resources include recipes, tutorials, sample menus, and tips on creating a grocery game plan, shopping smart to fill your cart, and preparing healthy meals.

This guide describes the research behind the CFPB Financial Well-Being Scale – a tool to measure individual financial well-being – and provides detailed steps for using it, including how to score individuals’ responses and compare their scores.

FLEC is providing this document as an overview of youth savings programs and key resources to encourage the development and implementation of programs that expand the financial capability of youth and build opportunities for financial inclusion for more families.

This document lists an array of resources for students and their families with tools and information to help make informed decisions about saving, paying, or financing their higher education. This list was compiled by members of the Postsecondary Subcommittee of the Financial Literacy and Education Commission (FLEC), and offers free resources from federal agencies.