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Consumer & Family · Family & Education

OFFICIAL-SOURCE UPDATE

New financial-literacy strategy emphasizes practical skills for families

The CFPB's October 2 announcement highlights youth learning, saving, digital decisions and fraud awareness.

By Staff Writer · Reviewed 2026-10-05

What the announcement covers

The CFPB announced on October 2, 2026 that it supports a new national financial-literacy strategy. Its four priorities concern young people's money skills, saving and investing, informed use of digital financial services, and recognizing fraud.

A starting point for parents and educators

The announcement links to CFPB education materials and a youth-learning framework. That framework connects planning skills, everyday financial habits and knowledge used in decisions. Families and teachers can use the linked materials to identify lessons appropriate to a child's stage of development.

Use the resources at decision time

The strategy favors education tied to real choices, repeated practice and hands-on learning. Open the official announcement below to reach the education resources. It outlines an education approach; it does not provide an application, a new benefit amount or a household eligibility determination.

Official sources