April is Financial Literacy Month, a month focused on educating people about the importance of planning for a secure financial future. Here are a few tips for assessing your financial well-being and taking control of your financial future:
- Take this short quiz from the Consumer Financial Protection Bureau. Answer ten questions to measure your current financial well-being and see the steps you can take to improve it.
- Periodically review your Social Security Statement through your personal my Social Security account. Your statement is an easy-to-read record of your earnings that determine your future benefits. The online statement is paired with an interactive Retirement Calculator that allows you to run additional benefit estimate scenarios comparing how different future earnings and retirement benefit start dates affect your benefit amount.
- Take advantage of free resources to increase your financial literacy. The Federal Deposit Insurance Corporation’s Money Smart financial education program and MyMoney.Gov can help people of all ages enhance their financial skills through interactive games, podcasts, and game-based learning with separate tracks for adults and teenagers.
- Check out the Financial Resources page on the DHS Employee Resources website. This page includes a wide variety of resources and tools for improving your financial literacy and wellness.
Your Employee Assistance Program Is Here To Help
If you want assistance in becoming more financially literate, your Component Employee Assistance Program (EAP) can help. Your EAP offers financial consultations for a wide variety of financial concerns. For more information, contact your Component EAP or send an email to firstname.lastname@example.org.