Many Oklahoma youth lack the skills to navigate today’s complex financial maze.  A national survey of high school seniors indicated that nearly 70 percent of respondents did not understand basic financial concepts or fiscal principles; however, many of these same students are borrowers, securing student loans and using credit cards regularly.  This lack of financial knowledge and experience coupled with excessive spending yields detrimental consequences. 

Planning and preparation are essential for a financially successful life. Financial success can be challenging to anyone, regardless of age, income, status or education level.

Use the links on the left to learn more about the core elements of financial planning:

• Income
• Money Management
• Consumer Credit
• Savings and Investing

Practicing creative financing?  Regain control with a budget!

Do you juggle paychecks and bills throughout the month, leaving no money for savings or unexpected expenses?  OKMM can provide resources to help you design a spending plan that will not only handle your monthly bills, but will also allow you to start paying off debt and saving for the future.  Want to know more?  Visit the Money Management page.

 

Managing your money isn't a gamble.      

Playing the lottery or visiting a casino can be a thrill ... as long as you keep that fun in perspective.  There's nothing wrong with enjoying casino games and supporting Oklahoma education through the lottery, but it's important to play responsibly.  If you're gambling at the expense of your financial goals and obligations, contact the Oklahoma Department of Mental Health and Substance Abuse Services for help, information and resources.