Benefits April 9, 2002

Fannie Mae Launches Financial Literacy Program

April 9, 2002 (PLANSPONSOR.com) - The Fannie Mae Foundation has developed a personal finance curriculum which may help encourage participation in employer-sponsored retirement plans.
Reported by

The foundation teamed up with The Home Depot and Consumer Credit Counseling Services of Atlanta to launch “Growing Your Money: Personal Financial Tools,” a workplace personal finance course.

The curriculum provides 12 hours of interactive training with a workbook that includes lessons titled:

  • Developing a Spending Plan
  • Working with Checking and Savings Accounts
  • Understanding your Credit and Credit Report
  • Getting a Loan.

According to a news release from the foundation, the workbook provides worksheets on budgeting, tracking, and planning expenses, as well as a glossary and certificate of completion.

Trainers receive a toolkit that includes:

  • an instructor guide
  • a participant workbook
  • fact sheets
  • a readiness checklist
  • flyer templates
  • a participant sign-in sheet.

The Home Depot recently kicked off the pilot for 25,000 employees across the US.

For more information on the Fannie Mae Foundation, go to the Web site .

«