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08/15/2014 - VISA Inc.

Visa Inc. Practical Money Skills for Life

WHAT WE DO:
Visa Inc. is a global payments technology company that connects consumers, businesses, financial institutions and governments in more than 200 countries and territories to fast, secure and reliable digital currency. Visa believes the most important financial tool is not a product – it is knowledge. That is why for nearly 20 years, Visa has been a private sector leader in developing innovative, free programs that help people learn the fundamentals of personal finance, including budgeting, saving, and the responsible and wise use of credit. Supporting financial literacy is good for our business and the right thing to do.

WHAT WE OFFER:
The Visa flagship financial literacy initiative, Practical Money Skills for Life (www.practicalmoneyskills.com), is a free program to help parents, teachers, students and consumers of all ages learn the essentials of personal financial management. Launched in 1995, the program is now available in more than 30 countries. Program components include:

  • Money management information: From credit and debt to saving and life events like buying a house or a car, Practical Money Skills offers a wealth of information to help you understand financial concepts and decisions.
  • Classroom curriculum: Comprehensive classroom curriculum for grades pre-kindergarten through college and special needs, complete with teacher’s guides, lesson plans and student activities.
  • Online games: Edutainment to help young kids learn the basics of money management include Road Trip to Savings, Peter Pig’s Money Counter, Cash Puzzler, Money Metropolis and Ed’s Bank.
    • Financial Football: An NFL-themed educational video game; since 2006, 44 state governments have endorsed and distributed the game to all of their public middle and high schools – more than 28,000 schools.
    • Financial Soccer: A FIFA World-Cup-themed educational video game that harnesses the popularity of the world’s most popular sport; the game has been rolled out in 35 countries, translated into 14 languages and played more than 4.4 million times.
  • Avengers: Saving the Day: A one-of-a-kind action-packed comic book and instruction guide created by Visa and Marvel that combines Marvel’s iconic superheroes with Visa’s financial literacy expertize to teach kids about budgeting and saving; distributed in 10 countries around the world and available in eight languages.
  • Financial calculators: This suite of online calculators allows consumers to explore their own financial information in greater detail by forecasting and assessing financial choices.
  • Educational guides: Complete coverage of personal finances basics, from mobile banking to credit history for all ages.
  • Monthly e-newsletter: Visa’s monthly newsletter for educators featuring relevant financial literacy news and Practical Money Skills’ Innovative Educator of the Month has nearly 90,000 subscribers.
  • Mobile apps: Consumers can manage their finances on the go with the following apps for smartphones and tablets: Tooth Fairy Calculator, Plan’it Prom, Financial Football, Peter Pig’s Money Counter and Financial Calculators.
  • Financial Literacy Summit: For the past eight years, Visa has co-hosted the annual Summit with the Federal Reserve Bank of Chicago. This year’s theme was Providing Financial Literacy Resources for the Unbanked and Underbanked. It was webcast live and viewed by thousands of financial literacy leaders around the world.

WHAT WE NEED:
Parents, teachers, students and consumers of all ages should use the free financial materials to have an opportunity for a better financial future.

WHAT’S NEW:

  • Games:
    • 2014 Financial Soccer: The updated game, launched in January 2014 ahead of the FIFA World Cup in Brazil, tests players’ knowledge of financial management skills as they advance down the field and try to score. Lesson modules are available for educators to review and download before game play.
    • Cash Puzzler: This online game for young kids helps them learn to differentiate dollar bills by putting the pieces of the puzzle back together to complete the image of a dollar bill and learn fun facts about Benjamin Franklin, Ulysses S. Grant and more.
  • Plan’it Prom App: Available for iOS and Android phones, the app helps teens and their parents make a realistic, detailed prom budget and stick to that budget by tracking their spending as they shop.
  • Veterans Financial Coalition: Visa recently became one of four members of the newly formed Veterans Financial Coalition that helps guide military veterans and their families during the transition period into civilian life by offering free materials about managing finances. Resources include budgeting and saving tips, tax break information, and educational games. Other Coalition members are the Association for Financial Counseling and Planning Education, Consumer Action and Consumer Federation of America.

CONTACT INFORMATION:
For more information about Visa’s financial education program, visit www.practicalmoneyskills.com. Partners interested in easily utilizing and integrating Visa’s content into their own can visit the special web page www.practicalmoneyskills.com/orders. For general information about Visa, visit www.visa.com.

Nathaniel Sillin
Head of U.S. Financial Education
Visa Inc.
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