Financial Literacy in a Digital World

The Consumer Financial Protection Bureau’s goal to “provide information, guidance, and technical assistance for the underserved to participate in financial services and encourage innovation for inclusion” is central to a new collaboration model between Media Smart Citizens, the Stavros Niarchos Foundation Library (SNFL) of The New York Public Library and the NYSSCPA, a non-profit organization of accountants. The multifaceted public pedagogy-based initiative serves individuals with limited access to and experience with technology and digital financial tools. Engaging resources aim to address the most critical money issues community members face with a combination of on-demand LibGuides and QR code accessible guides, workshops featuring industry experts, and a social media campaign. Subjects covered include credit score apps, data protection settings, and online banking. Market research indicates that there is a minimal availability of necessary 21st Century financial literacy materials. By leveraging media and technology to develop actionable educational solutions based on financial knowledge from trusted experts, Media Smart Citizens has created a modern MIL model for empowering financial freedom. During this session, you will discover how to bring our educational approach to your community members.