Agencies Release Enhanced Version of “Money Smart for Older Adults

Agencies Release Enhanced Version of “Money Smart for Older Adults

The Consumer Financial Protection Bureau and the Federal Deposit Insurance Corporation (FDIC) announced the joint release of an enhanced version of the award-winning financial education curriculum, Money Smart for Older Adults.

Money Smart for Older Adults is a free curriculum that includes an instructor guide with presentation content, speaker tips, hands-on activities, presentation slides and a resource guide for participants.  The resource guide can also serve as a stand-alone handout for distribution to libraries, senior centers, senior housing centers and at senior information fairs and other events. All materials are provided free of charge and can be ordered in bulk for community-wide distribution.

The enhanced version includes a new section to help people avoid “romance scams” and an updated resource guide. The enhancements to Money Smart for Older Adults are based on stakeholder feedback and recent research conducted by the FDIC and CFPB for this collaborative effort.

In addition, the FDIC and CFPB have released a newly created informational brochure on COVID-19-related scams.

Published by

Darryl Hicks

Darryl Hicks is Vice President of Communications for the National Reverse Mortgage Lenders Association. In this capacity, Hicks writes for NRMLA's publications, manages the association's web sites and social media accounts, assists committees and the Board of Directors, and manages the Certified Reverse Mortgage Professional designation. Prior to joining NRMLA in 1999, Hicks spent three years in the Washington, D.C. bureau for National Mortgage News.