Blog

We’re now accepting applications for the Your Money, Your Goals 2020 cohort.

We are working hard on our commitment to grow our relationships with community representatives across the nation.

We are working hard on our commitment to grow our relationships with state and local government partners.

Understanding how financial institutions work with people who have limited proficiency in English.

The Office of Financial Empowerment welcomes 61 organizations to receive Your Money, Your Goals training and technical assistance to expand the reach of financial empowerment tools and information to economically vulnerable consumers. 

Whether you’re helping people get a job, find a place to live, or deal with a legal problem, money always comes up. Your Money, Your Goals can help your staff and volunteers start the conversation. We’re looking for 40 organizations to work with us in 2018 to bring Your Money, Your Goals to the people you serve. 

These organizations will receive training and technical assistance on how to use the Your Money, Your Goals financial empowerment materials.

The Office of Financial Empowerment is requesting Letters of Interest from organizations who wish to join the 2017 Your Money, Your Goals cohort.

The Office of Financial Empowerment announces 30 new partners selected to participate in Your Money, Your Goals training and expand the reach of financial empowerment tools and information to low-income consumers. The national launch report, released today, outlines the initial success of the Your Money, Your Goals initiative.

Twenty new social services, legal aid, and volunteer organizations are joining with CFPB to train staff and volunteers on Your Money, Your Goals. You can learn to lead Your Money, Your Goals workshops in your organization or community by joining us on a train-the-trainer webinar.

This expansion builds on the success of last year’s launch of Your Money, Your Goals. Since then, we’ve trained over 2,000 frontline staff in both public and private non-profit social service organizations.

In the six months since we announced the release of Your Money, Your Goals: A Financial Empowerment Toolkit for Social Services Programs, organizations across the country have been at work equipping frontline social services staff to use its information and tools to help their clients learn financial decision-making skills. This comprehensive guide to empowered financial decision-making covers topics like budgeting daily expenses, managing debt, and avoiding financial tricks and traps.

Today, we’re announcing that as part of Project Catalyst, we’ll be working with H&R Block to evaluate practices to promote consumer saving behavior during tax time.

The Armed Forces Services Corporation is looking for 20 organizations, in geographically diverse locations across the country that serve economically vulnerable consumers, to host financial coaches.

So often, the work that we do relies on the knowledge and expertise that community-based organizations provide us. These organizations are our eyes and ears on-the-ground, and they give us feedback on how our work can impact people. We want to make sure that we not only informally include these organizations in our meetings and […]

We know that individuals with disabilities often face barriers and challenges in moving toward economic security and self-sufficiency. That’s why we’re committed to making sure that these individuals have the help and support they need to begin planning and saving for their financial goals. Over the past year, our team has traveled across the country; […]

One way we further our mission to protect consumers is through appropriately sharing with state and local law enforcement agencies information that CFPB has gathered. Today, we’re announcing a new dimension in our ongoing sharing efforts. The CFPB recently signed a Memorandum of Understanding (MOU) with the Navajo Nation Department of Justice, setting out a […]

In my first blog post I wrote that part of our work in the Office of Financial Empowerment is connecting with people and organizations around the country that are building financial stability for low-income and other economically vulnerable Americans. Last week, over 400 participants joined CFPB Director Richard Cordray, Division of Consumer Education and Engagement […]

Last week, I had the good fortune to spend two full days in Memphis, Tennessee, with my friend and colleague, Holly Petraeus, who heads the CFPB’s Office of Servicemember Affairs. I was in Memphis because of a great organization called RISE, whose name stands for embracing responsibility, initiative, solutions and empowerment. It is one of […]

Today, I attended my first public meeting of the Financial Literacy and Education Commission. Financial education has been a passion of mine for years. The ability to understand and control one’s finances is one of the most important life skills. It creates a path to economic independence and mobility. I view it as fundamental to […]

The Consumer Financial Protection Bureau will bring together under one roof a collection of important consumer protection duties that used to be scattered across the federal government. This week, we join a variety of government agencies to mark National Consumer Protection Week. This week is about raising awareness of your rights and resources as a […]