Effective July 1, 2013, the Department of Corporations and the Department of Financial Institutions merged to form the Department of Business Oversight in accordance with the Governor’s reorganization of state departments and agencies to provide services more efficiently and effectively.

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Financial Literacy

The Department of Corporations wants every Californian to be Financially Literate.

Financial Literacy is the ability to read, analyze, manage, and communicate about the personal financial conditions that affect material well-being. Financial literacy includes the ability to discern financial choices, discuss money, plan for the future, and respond competently to life events that affect everyday financial decisions.

Related Financial Literacy Links
  • Mymoney.Gov
    U.S. Financial Literacy and Education Commission - Providing financial education resources for all Americans.
  • AnnualCreditReport.Com
    This central site allows you to request a free credit file disclosure, commonly called a credit report, once every 12 months from each of the nationwide consumer credit reporting companies: Equifax, Experian and TransUnion.
  • The JumpStart Coalition for Personal Financial Literacy
    The Jump$tart Coalition for Personal Financial Literacy seeks to improve the personal financial literacy of young adults.
  • Financial Literacy 2010
    Financial Literacy 2010 is a national campaign to increase the average high school student's savvy about personal Finance and investment.
  • CPA Financial Literacy Resource Center
    360 Degrees of Financial Literacy is a multi-faceted effort, spearheaded by the AICPA, with the support of state CPA societies.
  • U.S. Department of the Treasury Financial Literacy and Education Commission
    The Financial Literacy and Education Commission (the Commission) was established under Title V, the Financial Literacy and Education Improvement Act, which was part of the Fair and Accurate Credit Transactions Act of 2003, to improve financial literacy and education of persons in the United States.
  • Illinois Department of Financial and Professional Regulation Financial Literacy 101
    There are times in every person's life when understanding how money works helps when making major decisions. Opening a bank account? Moving into your first apartment? Buying a car? Getting your first credit card? For each of these life-changing experiences, there are things to know that allow you to make wise decisions about the best option for you.
  • Consumer.Gov Your Money
    Your source for consumer information from the Federal Government.
  • National Endowment for Financial Education
    The National Endowment for Financial Education® (NEFE®) is a non-profit 501 (c) (3) foundation dedicated to helping all Americans acquire the information and gain the skills necessary to take control of their personal Finances. NEFE accomplishes its mission primarily by partnering with other concerned organizations to provide financial education to members of the public—in particular, to underserved individuals whose financial education issues are not being addressed by others. These partnerships are an effective means of responding to the needs of many different groups within the general population.
  • The Better Business Bureau
    BBB reports provide information on over 2.5 million organizations. It's a good idea to check before you invest or give.
  • CNN Money 101 - Financial Advice & Lessons Made Easy by CNNMoney.com. This site contains a step by step guide to control of your financial life.