The goal of the educational outreach program of the Department of Financial Institutions (DFI) is to provide free workshops and materials so consumers can take informed action when managing their finances. DFI offers free financial literacy materials and workshops to high schools, colleges, libraries, adult community education centers, civic organizations, county extension offices, churches and other public groups. Topics include banking, investing, lending, credit, budgeting, fraud awareness and financial institutions regulation. There is no cost for speakers or materials, and workshops can be tailored to suit the audience age and experience level. To request a speaker, email Jennifer Doom
or call 502-782-9030.
Please note that materials on investing are not intended to give investment advice or tell participants with whom to invest or what to purchase. Presentations and take-home materials are designed to provide a basic understanding of concepts and prepare participants to research and make wise financial decisions.
Students create a real budget based on choices they make, such as whether to rent or own housing, and buy a new or used car. Then they account for their other monthly bills and spending. Discussion includes what to do if the budget doesn't work out.
Students write down real savings goals and learn how to reach them. Discussion includes the time value of money, compound interest and an explanation of different types of investments.
Students learn about the three types of credit – installment loans, home loans and credit cards. Discussion includes how credit reports and scores work and why it is important to maintain a good credit score.
Making Money Make Sense
This presentation is designed to motivate students to review their financial needs and desires then make wise money decisions. Examples are provided to encourage goal setting, smart spending, saving and budgeting. Also discussed is the importance of being "credit smart" from an early age.
Financial Industry Regulation
This brief civics lesson describes how DFI regulates banks, credit unions, lenders, stockbrokers and investment advisers. It also addresses fraud investigations and how state and federal regulators work together.
DFI offers free curriculum materials for teachers
that can be used for single classes or throughout the school year.
Successful Budgeting in 4 Steps
Creating a budget – a step-by-step plan for meeting expenses in a given period of time – will help you take control of your money. Learn the four steps to successful budgeting and use take-home worksheets to prepare your own household budget. There will be an opportunity to share personal experiences or ask questions. The workshop is based on the Money Smart series by the Federal Deposit Insurance Corporation.
10 Tips for Better Credit
Top 10 ways to build and keep a good credit score, as well as finding the right type of credit to suit your needs.
Borrower Beware: Avoiding Bad Loans
Avoid fraud by learning the signs of predatory loans and about various credit schemes prevalent today. Also learn about products that are legitimate but may need careful consideration, such as reverse mortgages. NOTE: This presentation also is used during DFI's Senior Scam Jam
Pay Yourself First (America Saves Week)
Paying yourself first means to set aside some of your paycheck in savings before paying your other bills. Identify your savings goals and consider ways to achieve them. Get tips on saving money, learn about different savings accounts and investments, and consider strategies for choosing the best investment for you. The workshop is based on the Money Smart series by the Federal Deposit Insurance Corporation.
ANYONE Can Invest
This workshop will benefit investors of all skill ranges. Brush up on investing basics so you can build or improve your personal portfolio. Attendees will receive nonbiased investment help materials for adults. Topics and concepts covered include: “Five keys to success,” time horizon, risk tolerance, types of investments, the difference between brokers and advisers, how to choose a professional to help you, account choices, how to avoid fraud, and additional resources. NOTE: This workshop is designed to provide a basic understanding of investment concepts. It is not intended to give investment advice, and it will not tell you what to invest in or who to invest with.
Securities Division: Protecting Investors ... Including You (Investment Fraud Bingo)
This brief presentation (15-30 minutes) reviews what the DFI Securities Division does; explains what securities are and the services the division provides. It also contains a brief review of common investment schemes and red flags of fraud. There is an optional opportunity to play Investment Fraud Bingo, a fun, educational game that provides tips for avoiding investment fraud (additional 30 minutes). Investment Fraud
This hour-long presentation details what investment fraud is and why anyone could be a victim. Americans lose billions of dollars each year to fraud. Learn about the top five investment scams and how to recognize the techniques scammers may use. Discussion includes red flags and how to check out an investment. NOTE: This presentation also is used during DFI's Senior Scam Jam
events. Financial Fraud and Older Americans
Nationally, financial abuse is considered to be the most common form of abuse to elders, costing its victims an estimated $2.6 billion per year. Securities fraud and predatory lending are two types of financial exploitation – a form of elder abuse. Learn to recognize the signs of financial exploitation and familiarize yourself with common scams. Learn when and how to report suspected fraud and/or elder abuse. NOTE: A similar presentation is used as part of the Elder Investment Fraud and Financial Exploitation (EIFFE) Prevention Program
Investment Fraud for Law Enforcement / Financial Exploitation of the Elderly for Law Enforcement
These presentations may serve as training for law enforcement and prosecutors who want the knowledge and tools to investigate potential securities and lending fraud cases. Objectives may include understanding fraud/exploitation and reporting, recognizing cases, case scenarios, how to gain assistance in prosecuting financial fraud cases and reporting fraud. This training also may help first responders, medical personnel and/or social workers to be able to recognize clients who may be a victim and report the fraud.
Financial Industry Regulation
DFI also has staff members who are willing to share their knowledge of the regulation of financial institutions such as banks, credit unions, lenders, stockbrokers and investment advisers. Staff also may address fraud investigations and how state and federal regulators work together. NOTE: DFI materials on investing provide a basic understanding of concepts and are not intended to advise participants on who to invest with or what to purchase.
Teacher Presentations/Train the Trainer
The Basics of Saving and Investing: Investor Education 2020
Understanding the basics of saving and investing will help students make smart decisions about how to manage and save money at every stage in life. The Basics of Saving and Investing guide focuses on investor education and protection in four units: Getting Started, Introduction to Financial Markets, Financial/Investment Plan, and Investment Fraud. Participants will receive a copy of the curriculum that includes lesson plans, worksheets, overheads/handouts and tests. This content can be incorporated into many types of classes, including business, math or family/consumer science.
Focus on Fraud: Keeping Your Savings Safe
Teach your students about fraud so they won’t later fall victim to the estimated $40 billion lost per year in securities fraud. This session will show how to use free resources to teach students how to spot investment scams and avoid becoming victims. Resources include links to a free curriculum called The Basics of Saving and Investing, online videos from Money Track, an online game called Fraud Scene Investigator and more. Also learn more about securities regulation and how to report fraud. This content can be incorporated into many types of classes, including business, math or family/consumer science.
The ABCs of Credit Card Finance
The free materials – student primers, teacher guide and PowerPoint – are newly revised and can be downloaded for free online. This valuable life lesson can be taught in just over an hour. New for 2011, the content also has been converted to an animated, interactive online program that students can take independently. Online student test scores are reported back to the teacher by email, at no cost. Lessons include information on interest rates, the importance of paying bills on time, late fees, over-credit-limit fees, penalty rates, promotional offers, responsible credit card behaviors and the consequences of paying late, going over a credit limit or bouncing a check.
Invest Yourself! Teacher Toolkit
Get the resources to host an exciting student investment education program at your school. First presented during the 2011-12 academic year, high school students from across the state were engaged in setting goals and learning the importance of developing an investment strategy early in life while planning for their educational and financial futures. Hear more about the program, student test results and teacher feedback. Then get access to a teacher toolkit with all the resources you need to host your own Invest Yourself! program: www.econ.org/investyourself
Live "Stock" Adventure
This is a fun and educational activity for middle school students. The goal is not only to raise students' awareness of the value of saving and investing, but also to provide an innovative way to practice specific math skills such as calculating percentage and computing multi-digit numbers. Find out how to get a free set of Live "Stock" Adventure cards on DFI's Teacher Resources
Teaching Finance Through Online Games
Teach finance in a fun way that will truly speak to your students. Choose NFL teams or international soccer teams and advance down the field toward financial knowledge and victory. Help a teenage girl find out if her grandma is a victim of fraud. Show a video of a real 14-year-old boy who built an investment portfolio of $50,000. Fill extra class time with quick investing, technology or ID theft games. Build savings and investing knowledge by playing miniature golf, visiting a skate park or attending a rock concert.
There is no cost for presentations or educational materials. To schedule a presentation, email Jennifer Doom
or call 502-782-9030.