India, Canada and U.S. Top Today’s Financial Literacy News

Headlining today’s financial literacy news, the Reserve Bank of India has announced its financial awareness program.  In collaboration with leading Indian bank SBI Reasi, the Reserve Bank of India conducted a program focused on creating awareness about forged currency notes, credit cards, ATM’s, and bank deposits.  During the program, a broad range of financial literacy material was distributed to all attendees.  To learn more about the program or to read more about other events by the Reserve Bank of India, please click here.

Also drawing attention today is the Bank of Montreal, which just recently announced its newest financial education initiative. Throughout the summer, BMO (Bank of Montreal) will offer daily “financial education tips” to help Canadians make the “BMOst of Summer.” The Bank of Montreal hopes to draw attention to a serious issue afflicting many Canadians today, which is the lack of financial literacy among many Canadians. To learn more about this program, please click here.

In other financial literacy news, the National Financial Educators Council has pre-launched its most recent development, SavingsFund.com. This innovation offers families a way to save for their children’s college or long-term financial security. The National Financial Educators Council, known for its financial education focus, now broadens its reach with a new system to help families start to save for their children at an early age. For more information on this new technological development, please click here.