For Adults

Get Money Smart at the Library


09/13/2021

Join us in-person or online to master basic financial literacy, such as understanding budgeting or ways to improve and maintain a good credit score. Learn how to make informed financial decisions, effectively manage household finances, and strive toward financial independence!

In-Person Programs

How Money Works Schedule
Does the thought of money stress you out? In this workshop you will learn easy to understand concepts such as debt stacking, investing versus saving, and much more, to make the money you work so hard for, work for you! Please register by calling or visiting your branch. Limited space is available.

Budgeting Is Not A Dirty Word Schedule
Does the word Budget make you cringe? Learn the six steps to creating and following a budget, and how having a budget will help your money last longer than your month does. Please register by calling or visiting your branch. Limited space is available.

Marriage & Money Schedule
Many couples spend more time planning their wedding than planning for their financial futures. Learn how to build your “Financial House” with topics like the importance of a will, debt dos and don’ts, and more. Please register by calling or visiting your branch. Limited space is available.


Online Class
Money Management Skills - What Everyday People Need to Know

You can use your IndyPL Library card to check out each episode of the Great Courses online money management class. Whether you're just getting started in life or contemplating retirement, this course offers an excellent primer with all the information you need to build a financial plan to achieve your goals.

How to Get Started

Have questions? Call the Tinker Tech/Device Helpline at 317-275-4500 or call, text or email Ask-a-Librarian.

Episode 1 Understanding Your Financial Brain 34 mins
Begin with an examination of the brain to explore the tension between conscious decision-making and the automatic emotional response of our limbic systems. This tension affects many of our approaches to financial management, including our innate aversion to loss, our tolerance of risk, and our investment confidence.

Episode 2 Managing Money with Life Cycle Theory 29 mins
Reconsider your entire approach to your finances. Life cycle theory is a framework for making financial decisions at different stages in your life, and it offers sound guidance for saving, borrowing, and investing across time. In other words, it's about making sure you get the most out of your money from young adulthood through retirement.

Episode 3 Basic Investing - Keep It Simple 29 mins
You don't have to be a financial guru to make wise investment choices. In fact, as you will learn, a few basic rules of thumb are all most of us need to make solid financial choices. Review the basics of investment and risk, the importance of diversification, and a simple theory for building a profitable investment portfolio.

Episode 4 The Key Financial Instruments 31 mins
Tour the range of investment options, from liquid assets such as cash and checking accounts to long-term assets such as mutual funds, stocks, and bonds. See what fees and returns you can expect from each type of instrument - and what tax obligations you may incur. Then build a strategy of investment for the long haul.

Episode 5 How to Use Credit Optimally 30 mins
Debt can be intimidating, but when used appropriately, it is a powerful tool. Psychology plays a key role when we take on debt, so it is important to recognize bad habits such as impulsiveness. After getting an overview of credit and credit history, you'll survey the variety of loans available, from credit cards to auto loans to mortgages.

Episode 6 Investing in Education 32 mins
Most economists would agree that education offers one of the highest returns of any investment; however, paying for college often involves taking on student loans. Whether you're a high school student or a parent preparing to pay for your child's tuition, learn the key risks of student loans, and see what tax advantages you might apply toward a college education.

Episode 7 The Economics of Home Ownership 31 mins
After education, home ownership might be the most important financial decision we make in our lifetimes. Is home ownership really a great investment? When should you buy a house versus renting? Examine these questions as well as the basics of obtaining a mortgage. Key considerations include types of loan, mortgage insurance, points, and taxes.

Episode 8 Managing Risk with Insurance Insurance 31 mins
Insurance is really about "risk management." The world abounds with perils, and insurance is about estimating the probability of a loss and weighing the cost of insurance versus potential out-of-pocket expenses. Fortunately, some elementary principles help guide you toward critical coverage and help you avoid less beneficial policies.

Episode 9 Essential Tax Principles 30 mins
No discussion of finances can evade the topic of taxes. Professor Finke provides a clear and concise overview of the U.S. income tax system: how our income is taxed, as well as the myriad credits and deductions that are available. His discussion also includes payroll and state taxes, as well as other taxes the average American pays.

Episode 10 Saving for Retirement 33 mins
When should you retire? And how do you save enough to ensure that you're financially covered for the future? Demystify the retirement savings process with continuing guidance from the life cycle theory of managing money. Explore the different investment options at your disposal - including 401(k)s, IRAs, and annuities - and build a strategy for retirement.

Episode 11 Fundamentals of Estate Planning 32 mins
The goal of estate planning is to prepare your financial affairs to save your relatives from a confusing mess of assets, liabilities, and property transfers after you've passed. Here you'll discover a roadmap for sorting out your affairs, setting up trusts for your assets, and creating a plan for your end-of-life care options.

Episode 12 Putting Your Financial Plan Together 36 mins
Wrap up by building a solid and realistic financial plan. You'll learn how to set up a cash-flow statement, prepare a budget for future expenditures, and make a balance sheet for your estate planning process. Then, apply the fundamentals to achieving your financial goals.

Get Started Early! Money Skills for Kids

Look to these simple introductions to dollars and cents to help kids achieve a good foundation for building money management skills. Naming the coins and knowing the value of bills and coins is only the beginning. Help them learn how to count change as well as set goals to both spend and save wisely.

Reading a kids book about more advanced financial concepts like interest rates, how pensions work, bitcoin, and more can be a great introduction for adults too!

Money

How to Save, Spend, and Manage your Moola!

Field, Jacob F.

A helpful for guide for kids to the basics of money including what discounts are, how loans work, and a few more advanced topics like bitcoin and pensions.

Curious About Money

Reid, Mary E.

What was money? What is money? Sometimes sheels, sometimes paper, sometimes credit cards and even the mysterious bitcoin. Reveals the history and logic behind how people use these things to buy, sell and trade.

Managing your Money

Bingham, Jane

Practical advice for kids about how to choose a goal, set up a budget, save, and shop smart.