Research from the Consumer Financial Protection Bureau (CFPB) shows that the knowledge, attitudes, skills, and habits adults need to make informed financial decisions and achieve financial peace of mind stem from three interconnected building blocks developed in youth. These building blocks form a framework for youth financial literacy education. Children and youth need all three of the interconnected building blocks to achieve financial capability. This video examines the building block called financial knowledge and decision-making skills. Financial knowledge and decision-making skills help people make informed financial decisions through problem-solving, critical thinking, and an understanding of key financial facts and concepts. Strong financial knowledge and decision-making skills help people weigh options and make informed choices for their financial situations, such as deciding how and when to save and spend, comparing costs before a big purchase, and planning for retirement or other long-term savings. The CFPB has classroom activities and other tools, resources, and materials to help teachers nurture their students’ development of the financial knowledge and decision-making skills. The Consumer Financial Protection Bureau (CFPB), is a U.S. government agency that makes sure banks, lenders, and other financial companies treat you fairly. Learn how the CFPB is helping teachers nurture youth financial capability with K-12 students: https://www.consumerfinance.gov/youth-financial-education/ Learn how the CFPB can help you: https://www.consumerfinance.gov/about-us/the-bureau/ Connect with CFPB https://www.consumerfinance.gov/ Twitter https://www.twitter.com/CFPB Facebook https://www.facebook.com/CFPB/

Research from the Consumer Financial Protection Bureau (CFPB) shows that the knowledge, attitudes, skills, and habits adults need to make informed financial decisions and achieve financial peace of mind stem from three interconnected building blocks developed in youth. These building blocks form a framework for youth financial literacy education. Children and youth need all three of the interconnected building blocks to achieve financial capability. This video introduces teachers to the building block called financial habits and norms. Financial habits and norms are the values, standards, routine practices, and rules to live by that people rely on to navigate their day-to-day financial lives. They support the ability to effectively manage money and respond quickly to financial decisions or challenges. The skills associated with financial habits and norms allow a person to more easily make financial decisions based on their attitudes, values, emotions, social norms, and contextual cues. These skills help a person decide what’s desirable and possible financially and guide their day-to-day behaviors. This could range from decisions about splurging on a treat to how much to save in a retirement account. The CFPB has classroom activities and other tools, resources, and materials to help teachers nurture their students’ development of the financial habits and norms building block. The Consumer Financial Protection Bureau (CFPB), is a U.S. government agency that makes sure banks, lenders, and other financial companies treat you fairly. Learn how the CFPB is helping teachers nurture youth financial capability with K-12 students: https://www.consumerfinance.gov/youth-financial-education/ Learn how the CFPB can help you: https://www.consumerfinance.gov/about-us/the-bureau/ Connect with CFPB https://www.consumerfinance.gov/ Twitter https://www.twitter.com/CFPB Facebook https://www.facebook.com/CFPB/

Research from the Consumer Financial Protection Bureau (CFPB) shows that the knowledge, attitudes, skills, and habits adults need to make informed financial decisions and achieve financial peace of mind stem from three interconnected building blocks developed in youth. These building blocks form a framework for youth financial literacy education. Children and youth need all three of the interconnected building blocks to achieve financial capability. This video introduces teachers the building block called executive function. Executive function skills help people stay focused, and manage the flow of information. Day to day, these skills allow a person to pay attention, plan ahead, remember details, and juggle multiple tasks. They also help control their behavior and emotions, delay immediate rewards for future benefits, and continue forward when faced with challenges. People need the skills associated with executive function to do things like set financial goals, decide when to buy and when to save, and make and follow a budget—all of which contribute to adult financial well-being. The CFPB has classroom activities and other tools, resources, and materials to help teachers nurture their students’ development of the executive function building block. The Consumer Financial Protection Bureau (CFPB), is a U.S. government agency that makes sure banks, lenders, and other financial companies treat you fairly. Learn how the CFPB is helping teachers nurture youth financial capability with K-12 students: https://www.consumerfinance.gov/youth-financial-education/ Learn how the CFPB can help you: https://www.consumerfinance.gov/about-us/the-bureau/ Connect with CFPB https://www.consumerfinance.gov/ Twitter https://www.twitter.com/CFPB Facebook https://www.facebook.com/CFPB/

Research from the Consumer Financial Protection Bureau (CFPB) shows that the knowledge, attitudes, skills, and habits adults need to make informed financial decisions and achieve financial peace of mind begin to develop in youth. Youth financial capability grows over time and is a key stepping-stone on the path to adult financial well-being. This video helps teachers understand that financial capability stems from three interconnected building blocks that support and encourage the development of additional skills and capabilities. These building blocks provide a framework for youth financial literacy education and help define how students can best learn the skills and knowledge they need to achieve financial well-being as adults. They go beyond traditional financial education by fostering a holistic and interdisciplinary approach to teaching financial literacy in all grade levels and subject areas. The Consumer Financial Protection Bureau (CFPB), is a U.S. government agency that makes sure banks, lenders, and other financial companies treat you fairly. Learn how the CFPB is helping teachers nurture youth financial capability with K-12 students: https://www.consumerfinance.gov/youth-financial-education/ Learn how the CFPB can help you: https://www.consumerfinance.gov/about-us/the-bureau/ Connect with CFPB https://www.consumerfinance.gov/ Twitter https://www.twitter.com/CFPB Facebook https://www.facebook.com/CFPB/

Research from the Consumer Financial Protection Bureau (CFPB) shows that the knowledge, attitudes, skills, and habits adults need to make informed financial decisions and achieve financial peace of mind stem from three interconnected building blocks developed in youth. These building blocks form a framework for youth financial literacy education. Children and youth need all three of the interconnected building blocks to achieve financial capability. This video helps teachers understand how using CFPB’s age-appropriate classroom activities can help their students develop the building blocks of youth financial capability. All of CFPB’s classroom activities come with a teacher guide and supporting student material, so it’s easy to implement whether you’re an experienced personal finance teacher, integrating financial literacy into another subject area, or supplementing your existing financial education curriculum. The Consumer Financial Protection Bureau (CFPB), is a U.S. government agency that makes sure banks, lenders, and other financial companies treat you fairly. Find activities that can help you teach and nurture the building blocks of financial capability that are targeted for your grade level and subject area. Learn how the CFPB can help you: https://www.consumerfinance.gov/about-us/the-bureau/ Connect with CFPB https://www.consumerfinance.gov/ Twitter https://www.twitter.com/CFPB Facebook https://www.facebook.com/CFPB/

This was a discussion about the Bureau’s prioritized assessment approach and how the Bureau is monitoring markets and institutions that may pose the greatest risk of consumer harm as a result of pandemic-related issues. Connect with CFPB https://www.consumerfinance.gov/ Twitter https://www.twitter.com/CFPB Facebook https://www.facebook.com/CFPB/