DollarWise: Mayors for Financial Literacy
DollarWise is dedicated to the idea that all Americans can benefit from increased access to financial education. As individuals improve their financial literacy, they become better prepared to build stable families, to help themselves and their children gain education, to be productive members of the workforce, and to contribute to their communities and the nation.
DollarWise - Mayors for Financial Literacy is the official financial education and literacy effort of The United States Conference of Mayors and its Council for the New American City. Since its inception in 2004, mayors and cities across America have made a commitment to increasing their residents’ financial literacy by participating in all that DollarWise has to offer. By 2015, our goal is to incorporate a financial education component to every summer youth job in the nation.
DollarWise supports the goals and objectives of the National Strategy for Financial Education 2011, released by the federal Financial Literacy and Education Commission in December 2010. It invites mayors and city staff to examine their communities’ financial education needs; create an action plan; and forge partnerships with financial institutions, faith-based groups, nonprofits, local businesses, and others in the community to address this important issue. DollarWise offers support through technical assistance, partnerships with national organizations ranging from Bank of America and the Foundation for Financial Planning to the Federal Reserve System, and its two grants programs.
We invite you to explore our website, where you can learn all about DollarWise and find out what it takes to tackle financial illiteracy in your city. Most importantly, we invite your city to make a commitment to financial education and participate in the campaign. Together, we are building strong foundations for the future of our communities and those who call them home.
Sponsors
Founding Sponsor: Bank of America DollarWise has been supported by a generous grant from Bank of America since 2005. Bank of America’s underwriting enables campaign initiatives such as the DollarWise Summer Youth Campaign and the DollarWise Innovation Grants.
Partners
DollarWise works to build relationships with national organizations. These partners include national nonprofits such as the Consumer Federation of America; federal agencies, including the Federal Reserve System and the U.S. Department of the Treasury; and the members of The United States Conference of Mayors’ Council for the New American City.