Happy National Financial Literacy Month!

Drum roll please…. April is National Financial Literacy Month! This means that April is the month you will see many events and activities around the country focused on financial education. Since 2003, the United States has recognized April as Financial Literacy Month in an effort to shine a spotlight on how important it is to educate everyone about the economy and how to better manage their finances. The Council for Economic Education (CEE) will have events this month concentrating on training teachers with professional development workshops, increasing free resources available to the public and lots of press coverage involved financial education.

For more information on how you can get involved, visit the CEE website here.

Twitter: #finlit #financialliteracy

Also, in honor of Financial Literacy Month, the experts at Money Management International (MMI) created the website, FinancialLiteracyMonth.com. They provide many resources to help folks learn more about their personal finances. According to Money Management International, Americans carry more than $2 trillion in consumer debt and 30 percent of consumers report having no extra cash; making it impossible to escape the burden of living paycheck to paycheck. This month, Money Management International will provide on FinancialLiteracyMonth.com free webinars, financial tracking worksheets such as income, expense, debt load forms you can easily print and work off from, an ebook full of savvy tips and a goals certificate you can personalize to help motivate you to reach your financial goals.

So please take advantage of all the resources available and get ahead in your financial journey starting today!

Welcome to April, National Financial Literacy Month

Check out this site for tools for success!

Remember to budget wisely. Don’t spend more than what you have. Don’t overuse your available credit. Only put on credit what you can afford to pay back within one month. Spend money on activities worth your while and that will make you happy for more than a few days, like a hobby or an well deserved trip with your family or lessons on something new you’ve been wanting to learn!

Good luck!

 

Is investing in a crowdfunding project right for you? By Ana Gonzalez Ribeiro • Bankrate.com

Looking for a place to put your money in a cause you believe in? Interested in investing your money in a new business? Whatever you choose, crowdfunding is the vehicle for investment.

The hip-hop group De La Soul was recently involved in a monthlong campaign on the Kickstarter crowdfunding platform and raised more than $600,000 from its fans. The goal was to help the group resurface and finish its new album, increase marketing, produce videos and set up tours.
About $10 billion in crowdfunding transactions occurred globally in 2014.

Even the money for the “Veronica Mars” movie came from Kickstarter. The sponsors offered rewards such as copies of the movie, and for those who gave a lot more money, a role as an extra in the movie.

But before you put your money into a crowdfunding campaign, do your research and make sure you know what you are funding.

“Avoid making it an emotional decision. You want to make it a business decision. You have to know what you are getting into, unless you feel like this is money you can afford to lose and the project is something you passionately believe in,” says Peter Crosby, chief marketing officer of DreamFund.com. Make sure you are comfortable with the risk.

Read more: http://www.bankrate.com/finance/investing/is-crowdfunding-project-right-for-you-1.aspx#ixzz3jGifxSWp