Previously known as Financial Literacy Month, April is now National Financial Capability Month. The month lets you know about the resources and tools available to help you make sound financial decisions year round.
There are numerous free financial resources available to help you better manage and understand your money.
MyMoney.gov is dedicated to teaching basic financial education through resources and tools from across the federal government. You can use the helpful budgeting calculators to help plan for big life events like buying a house or having a child.
You can also visit ConsumerFinance.gov whose mission is to make consumer financial products and services work for all Americans. You can use the Ask CFPB tool to decode confusing financial jargon and learn about your financial rights.
Find more financial resources offered by the Financial Literacy and Education Commission.
Asked by Anonymous
how can i get help with a credit card ripping me off
We know that it can be tough to navigate the complex terms of your credit card agreement, but the Consumer Financial Protection Bureau (CFPB) is here to help. The CFPB is a government agency dedicated to shedding light on the financial landscape, and we hope you’ll take advantage of the resources we provide.
For example, we recently launched Ask CFPB, a search tool that can help you get plain-language answers to your financial questions and even features a whole section on credit cards. You can rate the questions on Ask CFPB and even suggest your own if you don’t find what you’re looking for.
Sometimes information isn’t enough. That’s why we continue to take your complaints. You can submit a complaint about your credit card company on our website or by calling (855) 411-2372. When you submit your complaint, you will be given a password and a tracking number to follow its progress. We’ll work to get a response from your card issuer.
Or, if you don’t want to submit a formal complaint, you can tell us your story. Share your experiences with personal financial products and services – good or bad – and help inform our ability to protect others.
Answer provided by Maggie Anderson, Consumer Financial Protection Bureau, Office of Consumer Engagement.
Money Smart Week starts tomorrow. Find an event near you to learn about saving, paying off debt, and investing wisely.
This tool tells you how many dollars went to each part of the federal budget.
Asked by Anonymous
percent of americans on welfare
In 2011, an average of 1,626,833 families per month received Temporary Assistance for Needy Families (TANF) benefits, commonly called welfare.
The TANF program assists families with children whose parents or responsible caregiver cannot provide for the family’s basic needs. TANF is administered by state, territorial, or tribal governments, not the federal government.
Learn more about TANF and how to apply for benefits.
