The program offers a number of curriculums tailored for different audiences, some of which are Money Smart for Young Adults, Money Smart for Adults, Money Smart for Older Adults. Each curriculum contains different modules and approaches to teaching the specific target audience.
Some topics that are covered in the Money Smart curriculum are:
- Bank on It (Introduction to bank services)
- Borrowing Basics (Introduction to credit)
- Check it Out (Choose and keep a checking account)
- Money Matters (How to keep track of your money)
- Pay Yourself First (Why you should save)
- Keep it Safe (Your rights as a consumer)
- To Your Credit (Your credit history)
- Charge it Right (How to make a credit card work for you)
- Loan to Own (Know what you are borrowing before you buy)
- Your Own Home (What home ownership is all about)
- Financial Recover (How to recover financially & rebuild your credit)
In June 2016, Beneficial State Bank acquired Pan American Bank/Finance & Thrift, which had been facilitating the Money Smart Program since 2011. Since the acquisition, Beneficial State Bank has proactively utilized and adapted the program to teach financial education workshops in more than 30 locations – including high schools, colleges, nonprofit organizations and conferences. Rafael Rogel, our Financial Education Instructor, is dedicated to educating and building financial health in our communities and he also provides training and simple guidelines internally for staff, to empower them to teach financial education on their own to kids or adults, small groups, or even 1:1.