It has never been more important than the present that we become better prepared for the financial challenges of tomorrow. Nearly every household in our country has been impacted by the global economic crisis. Many individuals are faced with unprecedented financial stress caused by the threat of foreclosure, unemployment, high credit card debt, and lack of personal savings.
This crisis has illuminated the fact that most people need better knowledge and skills to help them manage their financial lives. The best way to address this need is to provide people with the basic tools of personal finance. This site provides a starting point for people looking for information about managing their money, controlling spending, investing for the future, protecting assets, and maintaining good credit.
The Muriel F. Siebert Foundation, Inc., and the New York Legal Assistance Group are pleased to promote financial literacy through www.learnmoney.org.
About Muriel Siebert
Muriel Siebert, President
The Muriel F. Siebert Foundation, Inc.
Muriel F. Siebert (1928-2013) was known as the First Woman of Finance. Ms. Siebert was the first woman to own a seat on the New York Stock Exchange and the first to head one of its member firms, Muriel Siebert & Co., Inc. She also served for five years as New York State’s first woman Superintendent of Banking, responsible for the safety and soundness of all New York State chartered banks and other financial institutions. She was a trailblazer for the rights of individual investors, women and financial literacy. She received 20 honorary doctorates and multiple other awards and honors throughout her life.
In the interest of improving the financial literacy of our nation’s young people, she developed the Siebert Personal Finance Program, a curriculum that teaches essential financial management skills. This high school program is in use in various school districts across the country, has been adapted for middle schools and adults and is the basis for the financial literacy content presented on the LearnMoney.org Web site.
In keeping with her personal vision, Ms. Siebert worked tirelessly to see this curriculum made available to teachers across the country and implemented nationally. The Muriel F. Siebert Foundation continues her work to make this vision a reality.
Founded in 1990, the New York Legal Assistance Group (NYLAG) provides high quality, free civil legal services to low-income New Yorkers who cannot afford private attorneys. NYLAG’s comprehensive range of services includes direct representation, case consultation, advocacy, community education, training, financial counseling, and impact litigation. Attorneys provide specialized assistance in core practice areas, such as consumer law, public benefits, eviction and foreclosure prevention, employment law, health care, immigration, special education, Holocaust compensation, elder abuse, advance directives, LGBT rights, domestic violence, and matrimonial and family law.
NYLAG is unique for its ability to serve not only the abject poor, but also individuals and families who earn slightly above the government-designated poverty threshold and therefore do not qualify for free government civil legal services. In addition to more than 100 paid legal staff members, the agency leverages the services of over 800 volunteer lawyers, law students, and interns to maximize its impact while training and inspiring the next generation of public interest attorneys.
NYLAG Financial Counseling
NYLAG’s financial counselors offer free and confidential services to eligible clients who encounter short term financial crises and/or require long term financial planning. Their experienced financial professionals work directly with clients who struggle to budget for and meet their financial expenses. NYLAG works to empower individuals and families to confront and navigate difficult financial choices in light of major life events including loss of employment, reduction in income, unexpected medical and hospital bills, domestic violence, housing/mortgage/foreclosure issues, and lack of credit or accrual of onerous credit card debt.
For more information on NYLAG and their free and confidential legal and financial counseling services, please visit www.nylag.org.