May 29th is College Savings Day. The goal of College Savings Day is to encourage students and their families to open or add to an Indiana College Choice 529 Plan, which is one of the best tools available to help with paying for college. These plans were established to help people save money for students' post-secondary or higher education that can be used at eligible schools accross the country.

College Choice 529 plans are a great tax-advantaged way to save for current or future education expenses. The plan has many attractive features and benefits:

The Financial Industry Regulatory Authority (FINRA) helps provide Americans with the knowledge, skills and tools necessary for financial success. The FINRA Foundation envisions a society characterized by universal financial literacy. Established in 2003, the FINRA Foundation supports innovative research and educational projects aimed at segments of the investing public that could benefit from additional resources.

Money Smart Week® (April 20-27) is a public awareness campaign designed to help consumers better manage their personal finances. This is achieved through the collaboration and coordinated effort of hundreds of organizations across the country including businesses, financial institutions, schools, libraries, not-for-profits, government agencies and the media. These groups come together once a year to stress the importance of financial literacy, inform consumers about where they can get help and provide free educational seminars and activities throughout the week.

See below for several Money Smart Week events planned this week at the Carmel Clay Public Library.

The Federal Reserve Bank of Chicago’s Money Smart Week announces the start of the Money Smart Hunt, a free, nationwide, photojournalistic, scavenger hunt promoting financial literacy. The Money Smart Hunt is running now through Saturday, April 27. 

 “The Money Smart Hunt is an attempt to appeal to a younger, more tech savvy audience that typically do not attend financial literacy classes,” said Money Smart Week spokesman, Alejo Torres.

“By making learning fun through the app, we hope people who play the game will at the very least give some thought about how they can be more money smart.”

For full details about the scavenger hunt and to see the official rules, visit www.moneysmartweek.org/hunt