The American Financial Services Association Education Foundation (AFSAEF), an affiliate of the American Financial Services Association (AFSA), was established in February 1990 as a non-profit organization to heighten consumers' awareness of personal financial responsibility. AFSAEF's mission is to help consumers realize the benefits of responsible money management, understand the credit process, and seek help if credit problems occur.

MoneySKILL^® Mania

On March 12, the University at Buffalo School of Management and M&T Bank sponsored the second annual MoneySKILL^® Mania, a financial literacy competition for high school juniors and seniors.

Read a Buffalo News article on the competition here.

MoneySKILL^® -- Financial Literacy Course, a personal finance course, is a highly interactive, reality-based Internet curriculum. Its purpose is to educate students to make informed financial decisions. The course consists of 34 "How To" modules covering income, expenses, saving, credit and insurance.

Created by the U.S. Treasury Department and Department of Housing and Urban Development, this new Web site provides consumers with interactive tools to help determine their eligibility for the Obama Administration's Making Home Affordable loan modification and refinancing program.

For more information, visit http://makinghomeaffordable.gov.