Financial Education
Five Money Management Tips
- Contribute the maximum amount to your retirement accounts, including your 401(k) and your IRA.
- Get a free credit report at www.annualcreditreport.com (limit one per year)
- Open up a 529 savings plan to make college more affordable, and get a tax deduction! Visit www.cfnc.org for more information.
- Make a goal to pay yourself first each month by investing money in an interest-bearing savings account. Start with a small amount - say $10 - then increase that amount every three months. Try to save at least 6% of your monthly net income!
- Create an emergency fund for yourself and your family. You should have at least three months of living expenses stashed away in an interest-bearing account in case you lose your job or encounter an unexpected major expense.
Financial Education
Since his first day in office, Treasurer Moore has worked to educate North Carolinians of all ages about financial issues, including the importance of saving and the power of homeownership. He has spoken to groups across the state on the importance of financial literacy and hosted the first statewide conference on financial literacy and asset building.
Treasurer Moore has been particularly focused on the education that North Carolina’s children receive about money matters. Through a number of coalitions and outreach efforts, including the Jumpstart Coalition and the BizWorld Foundation, he has helped to teach students about basic financial concepts. Along with the Department of Public Instruction, Treasurer Moore recently implemented a statewide survey of 7th graders’ financial literacy, called $kill $et.
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