Experts Offer Resources and Guidance for Building Personal Finance Skills
Financial knowledge is a valuable commodity in today’s world, yet too few American adults possess a sound grasp of money management basics. We asked a group of financial professionals what resources or guidance they might provide that could help our country’s citizens gain much-needed financial skill sets. This article summarizes some […]
Educators Reveal Keys to Gaining Confidence to Teach Personal Finance
If you were asked to teach a financial education course, what would give you confidence in your capability to teach personal finance concepts effectively? That’s the question we posed to a group of financial experts and educators in a recent forum. Their answers revealed that high-quality training – whether obtained through […]
Real-life Context Helps Kids Grasp Money Concepts
Most financial experts will concur that financial education should begin at home, taught by parents to their children starting at an early age and ongoing through young adulthood. But what are the best ways for parents to help their kids gain money smarts? In the following article, several financial professionals describe how grounding […]
Is Gen Edge More Money-savvy than its Parents?
What are the implications of the Great Recession of 2008 for the money skills of future generations? Never mind the Baby Boomers, Generation X or the Millennials (aka Generation Y). Make way for Generation Z, the upcoming generation – the children of the Great Recession, whom some also call “Gen Edge.”
When we asked […]
Most Parents NOT Qualified to Teach Kids Financial Education, According to Some Experts
When the National Financial Educators Council recently asked a panel of financial professionals whether they thought parents should be responsible to teach their children key money management lessons, they received some surprising answers. Although the majority of respondents were in favor of parents teaching kids about finances, a […]
How Do Parents Best Teach their Children Financial Skills? By Example, say Experts
In a recent poll, the National Financial Educators Council (NFEC) asked adults around the U.S. who they believed should bear primary responsibility for teaching children about money, and 65% responded that this task should fall to parents. The NFEC took the question a step further by asking financial […]
Financial Professionals Recommend Empowerment, Plain Language to Help Clients Build Financial Literacy
The recent Great Recession underscored how critical it has become for Americans to learn more about managing their personal finances. But financial experts and educators agree that helping people grasp the importance of improving their financial literacy often presents a substantial challenge. How can financial professionals encourage their […]
College CNBC Article with Vince Shorb
In a recent CNBC article, Money Skills Your Teen Needs for College, the NFEC’s CEO Vince Shorb made some comments that some readers found controversial. Please share your thoughts about his comments below.
Click here to read the full article – Money Skills Your Teen Needs for College.
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Organization Spotlight: Center for Financial Education Community College Financial Literacy Program
Between Fall 2013 and Spring 2015, the SunTrust Foundation Center for Financial Education at Wake Technical Community College enhanced its programs aimed at raising financial literacy competencies among Wake Tech students, staff, and community members.
The community college financial literacy campaign designed by the NFEC include more than 80 live instructional […]
Experts Recommend Books to Help Couples Talk about Money
What is the number one source of friction between couples? It’s not work; it’s not the kids; it’s not who cleans the house. No – it’s money. Family finance experts recommend that determining whether they are financially compatible should be a top consideration for any two people considering a long-term commitment.
Learning how […]