Financial Education Community Toolkit
sponsored by: bank of america - logo pic

about the financial toolkit

Guidance for this Toolkit was provided by an Affinity Group of Community-Based Financial Education Providers:

  • Allston Brighton Community Development Corporation
  • Asian American Civic Association
  • Dorchester Bay Economic Development Corporation
  • YWCA Malden
  • Nuestra Comunidad
  • One Family
  • Organization for a New Equality
  • Urban Edge
Sponsored by: bank of america logo

United Way of Massachusetts Bay and Merrimack Valley, in partnership with Bank of America, is working to remove the obstacles that keep many hardworking families from entering the economic mainstream. Along with a growing network of community-based organizations, we are responding to this regional crisis by focusing on the development of quality financial education programs.

"23 percent of Massachusetts households are asset poor. This means that if the household income is disrupted, their total savings would sustain them for less than three months."
-CFED State Asset Development Report Card, 2002

A core financial education increases a learner’s ability to make informed and effective decisions regarding the use and management of money, and is critical to building financial stability. In 2006, United Way and Bank of America conducted a survey of local agencies that run financial education programs for adults. The survey reveals the field’s scope of offerings, and identifies needs and opportunities. A copy of the survey is available here.PDF

This Toolkit is designed to meet the need for quality and consistency in financial education, and to give those working in the field a means to explore curricula, core competencies, measurement tools, and key resources. Instructor training and volunteer opportunities for financial professionals will supplement this Toolkit.

By supporting quality financial education opportunities, United Way and Bank of America are working to increase the financial stability of Massachusetts’ low-income families, as well as the quality of life in our neighborhoods.

Guidance for this Toolkit was provided by an Affinity Group of Community-Based Financial Education Providers:

  • Allston Brighton Community Development Corporation
  • Asian American Civic Association
  • Dorchester Bay Economic Development Corporation
  • YWCA Malden
  • Nuestra Comunidad
  • One Family
  • Organization for a New Equality
  • Urban Edge
United Way of Massachusetts Bay and Merrimack Valley
Main Phone: 617.624.8000
Fax: 617.624.9114
info@supportunitedway.org