There’s a lot that goes into understanding money management, from learning how to budget, to how to save and invest wisely. You have to look in a lot of different places for good advice on these subjects which takes a lot of time. So, the U.S. Financial Literacy and Education Commission decided to lend a helping hand and shorten the search for information. They’ve created http://www.mymoney.gov/default.shtml. The website pulls together good, solid advice on all aspects of budgeting and financial planning throughout life. It includes calculators, advice on avoiding scams, how to deal financially with life changing events, taxes, and even information on starting a small business.
There’s an immense amount of information right at your fingertips from the site, but if it’s all just a little overwhelming to you, and you’d prefer to sit down with some good old-fashioned paper in your hand, you can do that too. You can order their free “My Money” Tool Kit from the website, or over the telephone. Just call 1 (888) Mymoney. That's 1 (888) 696 – 6639, between 8 a.m. and 8 p.m. eastern time (except Federal holidays). The tool kit won’t give you quite the depth and breadth of information that the website will, but it will offer a good start for those seeking basic financial advice.