Myvesta News Release

ROCKVILLE, Md. — Credit and money troubles, while often seen as a problem of recent years, have been around for generations. Today, Americans are carrying record levels of consumer debt and a call for more financial education has been heard across the country. But is financial education a new concept?

Myvesta, a nonprofit consumer education organization, has recently launched an online exhibit exploring financial education from years past. The exhibit consists of various films discussing money, savings, credit and consumerism that were produced from the 1930's to the 1980's.

"As more and more people push for financial education as a solution to today's credit problems, we often forget that these issues have been around for years," said Jim Tehan, spokesperson for Myvesta. "While the films in our exhibit may be dated, many of the lessons contained in the films are as valid today as they were when the films were first produced."

Some films contained in the Myvesta exhibit include:

• American Thrift (1962) - Color film that connects American history, patriotism and thrift.
• Financing the American Family (1935) - A film that helps explain how to use credit and why credit is important.
• Using the Bank (1947) - Good fundamental instruction about banks and the flow of money through a bank.

"It's always fun to look back and see what the views about money were years ago," Tehan said. "It's surprising to see how many of the lessons have held up over time and how we can learn from what our parents and grandparents were taught."

All of the films in the Myvesta collection are free to view by visiting Myvesta.org/films online.

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Myvesta^SM is dedicated to helping people create healthy financial lives. The organization provides a wide range of materials to inspire and inform people so that they can break down their barriers to financial and personal success. For more information visit Myvesta.org online.