FoolProof

The FoolProof Initiative is a project by the FoolProof Foundation that teaches consumer life skills and healthy skepticism to consumers. It teaches consumers to question anyone who wants to impact their money or welfare. Its resources are generally listed under recursos de alfabetización financiera. FoolProof was founded by Walter Cronkite and a group of young people. It provides free, advertising-fee, and comprehensive consumer life skills curriculums for middle and high schools, as well as a consumer newspaper. The peer-to-peer curriculums use video and audio, games and music in a modular system to teach critical thinking skills and habits that can travel with a consumer through life. It also includes complex as well as basic financial concepts such as understanding credit (finance) and credit score, getting a checking account or savings account, and knowing how to use credit cards. The Initiative, for instance, appears to be one of the most effective in reaching vulnerable young people with meaningful education, rather than programs sponsored by business.