Money Smart Week 

CPS encourages everyone to participate in financial awareness week.

April 20, 2009

Photo by Mireya Acierto


During this tough economic environment, many of us are re-evaluating the way we spend and save money. How can we save more and spend less? What’s a good investment versus a bad investment? Should we open new credit cards, consolidate the ones we have or get rid of them altogether?


The answers to those questions and much, much more can be found during the Federal Reserve Bank of Chicago’s Money Smart Week. The event, which runs until April 25, will feature more than 450 free financial education classes, seminars, and activities all across the City of Chicago.


The educational activities will be carried out by more than 200 local community groups, financial institutions, not-for profit organizations, businesses, schools, libraries, and local and national government agencies.


The goal of Money Smart Week is to help consumers learn how to manage their personal finances. The week is designed to help individuals raise their standard of living and also contribute to the welfare of neighborhoods, communities and cities. Event topics range from basic budgeting to advanced investing and target all audiences including children, teenagers, women, and seniors.


Other topics include:

  • Money management
  • Saving
  • Using credit wisely
  • Financial education for young people
  • Personal finance
  • Managing debt
  • Budgeting 101
  • Job search tips
  • Mortgages and foreclosures
  • Investment ideas


Money Smart Week will feature public, private, and online sessions. In addition to the free sessions aimed at the community, there are a host of events also taking place for CPS students. The activities are designed to teach students about the benefits of financial awareness now, so that they will be better prepared for the future.


Currently, there are Money Smart Weeks held annually in Illinois, Michigan, Indiana, Wisconsin and Iowa, with each offering hundreds of classes and seminars.


View a list of all the Money Smart Week sessions.