October 4, 2011
A unique personal finance website
This message is not brought to you by J.P. Morgan Chase, Ameriprise Financial Services, Goldman Sachs, or Bank of America:
The AFL-CIO and the National Labor College have launched Invested, a unique personal finance website offering free and unbiased financial education resources. According to the creators, the site was imagined due to a lack of endorsement-free personal financial advice for working people. The website addresses topics applicable to people of all ages and backgrounds: financing for college, purchasing a home, managing family finances, how to save for retirement, and how to respond to life events from a financial perspective.
“In today’s economy, there are too many financial minefields to count,” said Zach Teutsch, director of investor education. Invested is providing a resource that doesn’t exist – a product and endorsement-free zone where working people can go and get the information they need for the life decisions important to them.”
Invested is part of the National Labor College’s Financial Empowerment Project which launched in 2010. It is funded by the FINRA Investor Education Foundation and is dedicated to helping working people through life’s financial milestones.
At http://invested.nlc.edu/ you can search for information based on moments to invest for (like paying off debt, dealing with home foreclosure, or having a new child. You can also view helpful investment how-to videos (like The basics of Asset Allocation, Why Invest in Stocks?, and Know Your (Investing) Enemies). Invested has a list of bias-free resources such as calculators and tools to help you “find the big numbers in your life”.