Empowering Generations Through Financial Literacy

Below are links to download the financial literacy presentation resources. If you have any questions or assistance downloading these resources, please contact membership@financialservices.org.

Young adults can benefit from a focused discussion of the benefits of financial freedom. While the specifics may vary on an individual level, the high level focus should include the following benefits: choice, lifestyle, security, emotional well-being, ability to help others, and time to focus on their personal passion. Real success begins with identifying what is important, and then setting goals and steps for success.

Three simple steps can set young adults on the path towards financial freedom:

Save early
Beware of the real cost of credit cards
Maintain a spending plan

Financial Awareness in a Changing World: RecognizinG Financial Abuse

For many people, they have spent a lifetime of hard work to accumulate what they have, and they need to be aware of how to protect their financial interests. Everyone also needs to aware of financial abuse, which largely seems to go unreported. Insight for the greatest generation and baby boomers is important because they have worked hard to get where they are today, and they may not be aware of the resources available to them at a federal level such as social security, Medicare, Medicaid, Low Income Home Energy Assistance Program (LIHEAP), SNAP program, Senior Community Service Employment Program (SCSEP), or Senior Health Insurance Assistance Program (SHIP). Programs may also be available on a state and local level.

Regardless, awareness is important in recognizing three kinds of abuse:	Financial threats, especially to elders, can include:
Physical	Aggressive lending practices
Emotional	Prepayment penalties
Financial	Biased financial tips
	Exploitation by family or friends
	Identity theft
	Mortgages or reverse mortgages

Please Note: this material is provided for informational purposes only and is not intended as legal advice. Please consult with your firm’s Legal and Compliance Department and your firm’s policies and procedures, for further guidance related to any specific scenario you may have.