MCPL to Teach Young Adults about Money

The Monroe County Public Library is beginning a financial education project that targets 15 to 29 year olds.

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Photo: Ben Skirvin - WFIU

MCPL is offering new financial education to young adults.

The Monroe County Public Library is beginning a financial education project that targets 15 to 29 year olds.

Adult and teen programming director Sarah Bowman, says the project will teach how to create a budget, make good decisions about purchases and home ownership, and manage credit, savings and investments.

“Our program,” she says, “overall is called “It’s Your Money” to make people feel empowered about the choices that they make about where they spend their money, how they’re saving, and how they’re thinking about their money.”

The library will also offer a financial literacy web portal with educational podcasts and videos.

In addition, “It’s Your Money” will provide public training and “talk to an expert” sessions in the fall. The library will use a grant worth nearly $80,000 from the American Library Association and the Financial Industry Regulatory Authority to fund the program. Only 20 public libraries nationwide received such funding.

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