As a leading education, research and advocacy organization, we have a vision that AAUW California is paving a path for girls and women to achieve economic security, or Financial Fitness for Life. Our goal is to provide AAUW branches with the information and tools required to implement financial literacy programs within the individual branches and as a community program.
Financial Literacy is defined as the ability of an individual to make appropriate decisions in managing personal finances. It guides a person to do basic financial task accurately by:
1. Reconciling the bank and credit card statement.
2. To read a credit report
3. Create a budget and spending plan
4. Understand an employee benefit package
5. Distinguish between mutual funds, stocks and bonds
6. Know the power of compounding and saving.
Money Trek Project
Financial Literacy’s Money Trek project was created and customized by Financial Literacy Committee. In 2009-2010, the AAUW Board of Directors for the State of California requested that the Financial Literacy Committee, under the leadership of Bakula Maniar, create a program that branches can use to teach our younger women the basics of Financial Literacy using information from AAUW Student Affiliates about their interest in learning financial basics, six modules were developed for teaching basic personal money management skills, entitled: Money Trek.
Start Smart & Work Smart
In addition to California’s programs, AAUW National has offered the Start Smart and Work Smart Initiatives. These programs have been offered all over the United States with the specific purpose of helping women negotiate their starting salaries (Start Smart) and then empower them as employed women to get fair compensation (Work Smart).