Building Capital at the Library: Financial Literacy Programming and Partnerships

Abstract

Lack of personal financial knowledge negatively affects both individual and collective economic vitality, making financial literacy programming an important way that libraries can contribute to strong communities. Financial literacy is one of five essential 21st century literacies identified and supported by PA Forward, an initiative of the Pennsylvania Library Association to support libraries in their literacy efforts. Offering these events and workshops is a daunting task, but connecting libraries with partners who are trustworthy financial literacy experts can ease the difficulties. Using examples from public and academic libraries in Pennsylvania, this article will discuss PA Forward Financial Literacy partners, illustrate a variety of programming opportunities, and highlight best practices for library financial literacy programs.