Financial Literacy Education

We appreciate your interest in providing yourself, your loved ones or your community a financial literacy education.  This NFEC information page will share practical tips on finding the financial literacy education resources that best meet your needs.

Visitors of this page also explored:

Financial Literacy Programs - Virtual training courses and online learning

Teaching Financial Literacy - Teach and promote personal financial skills.

Workshops and Events - Host your own events and full production shows.

Financial Literacy Curriculum  - Free lesson plans and tip video.

Financial Education Services  - Funding, speakers, workplace education and consultants.

Watch an hour worth of news today and you will likely hear stories of people struggling with money simply because they never received a practical financial literacy education.  Many of the stories you hear about – foreclosures, bankruptcies, debt – represent severe personal challenges that often disrupt the lives of the individuals and cause large amounts of stress. 

Fortunately, there has been an increase in the financial literacy education resources that are now available, giving you a choice in the type of money management training you desire.  This article will share with you the common type of financial literacy education programs on the market today and give you tips on how to locate one that best meets your needs.

Getting a financial literacy education can improve your financial situation. People of all ages can benefit from money management training.

by Devin Shandler

Here is a bold yet true statement – of any subjects taught in school a financial literacy education is the subject that is most needed.  All the other subjects taught will help you get paid more but only one helps you keep and grow the money you earn.  Many people today that have earned their MBA’s, PhD’s and other advanced degrees are often times living paycheck to paycheck.  Without a financial literacy education, people can work multiple jobs and still be unable to reach a state of financial security.

Arguably, the subject we need taught the most, getting the least amount of attention.  For those that believe education works, shouldn’t we be providing financial literacy education training to our youth?  Money is something that impacts almost every area of our lives, and yet it is rarely taught to our children. 

Educators, school administrators, parent, concerned citizens, business leaders and the youth themselves recognize the importance of learning about money.  Studies show the vast majority of people feel that financial literacy education should be a requirement needed for high school students to graduate.  The knowledge will serve our youth for many years to come and directly impact their relationships, emotions and health.

If you are like most, you understand the importance of providing youth a financial literacy education; now, let’s explore the steps you can take to choose an effective financial literacy education course.

Locate personal finance programs that are focused on delivering practical lessons in a way students would relate to.  A good example of this is the Money XLive financial literacy education event put on by the NFEC.  This even combines what today’s teen and young adults like most: technology, celebrities, live bands, DJ’s and world class financial education experts.

Now of course an event like that may not be everyone’s cup of tea but the point is to find an event, workshop or program that keeps your students or children excited about the information.   Financial literacy education courses that keep students interested are the most effective.  Experiential learning experiences like the Real Money Experience (RMX) engage students through interactions with live volunteers.   

When high school students attend the RMX event, they are safely practicing the real life decisions they will face later.  As students visit the education booths, they complete activities that will increase their retention and benefit from that knowledge throughout their life. This event acts as a test run so your students or children are prepared to make better personal finance decisions. 

Often times a young adult’s first financial decision is a bad one.  These decisions in the real world end up costing people money, time, freedom and add greatly to their stress levels.  The simple step of ensuring they take a professional financial literacy education course can give our children an advantage and a big head start in life. Financial literacy is a skill that makes life a lot easier. 

Studies have shown that providing students a financial literacy education before they graduate high school can provide lasting benefits.  Lessons on savings, credit and investing young are just a few of the lessons that help to shape their financial habits.

The bottom line, providing today’s youth a practical financial literacy education is a critical. It not only impacts the health and well being of an individual but also the country as a whole.  Being a consumer based economy it is important we train the future generation to be responsible with their money so there can be sustained growth in the nation’s economy.