Although there is still a shortage of financial literacy programs; the recent economic strain has put a renewed effort in providing people of all ages a quality financial education. Today there is more financial literacy funding opportunities available and professional financial education organizations that are helping to fulfill the need.
This article will focus on the financial literacy programs that are available and recommended by the National Financial Educators Council. The NFEC evaluates the financial literacy programs on the market to ensure it meets their standards. All of the programs mentioned below are endorsed and certified by the NFEC.
Financial education events can be a great kickoff to any financial literacy program. Events give us a way to connect with the community and educate the people we serve. Here are a few events offered and recommended by the NFEC:
The Real Money Experience is an experiential
financial education workshop that has students making financial decisions they will face later in life. This is customizable and is a great feature of any financial literacy program. Joanna Mueller, Program Coordinator for the Simon Family Foundation, had this to say about the RMX event “The event was amazing and we had great comments from the students. You could tell by their questions they were asking that they were thinking about their finances and what their parents had to deal with.”
Money XLive is a full production
financial literacy event that brings out top sport stars and celebrities to motivate and education the audience. This financial education program serves audiences of 1,000 or more and has kicked off national financial literacy initiatives. Kenressa Pierce from Verity Credit Union had this to say: “The Money XLive program covers the financial literacy that schools are presently lacking today. A lot of schools may not be able to afford to bring Money XLive to their campus. Working with a local Credit Union to bring financial literacy into the classroom can be an affordable alternative.”
Money XLive multimedia combines live presenters with celebrity and sport star videos. This program is especially effective with youth ranging from junior high through college. Natalie Nahas, Financial Education Coordinator for the Los Angeles Police Credit Union had this to say about Money XLive Multimedia, “It was a huge success! A lot of excellent feedback from both the kids and parents regarding the videos. I think next time we need to put it on at a bigger venue.”
Evolve is a flexible program that can be delivered over a day, a week or semester. This in depth learning experience produces measurable results and has received great reviews from the students.
The NFECs’ workplace financial literacy program offers employers a way to comply with Employee Retirement Income Security Act while educating their employees. High level studies have shown that having workplace financial literacy programs in place increase the productivity and emotional state of employees.
The financial education programs mentioned above are delivered turnkey or fully hosted by certified educators. If you want to host your own financial literacy programs we have included additional tips below to help.The first recommendation is to ensure your trainers receive their financial educator certification. Training is an important part of any financial education program as trained instructors ensure the message is delivered effectively and retained by the students.
Also be careful to choose highly rated financial literacy curriculum will improve the test results of your financial literacy programs. NFEC curriculum combines the national standards with real world information. Collaborating with teachers, financial professionals and leading experts, the NFEC curriculum is an important piece of any financial education program.
The NFEC also offers a variety of virtual financial literacy programs. This includes their acclaimed multimedia learning center Money Smarts Multimedia Personal Finance Course and other virtual financial education programs. Upon completion of our virtual classrooms students receive a certificate in financial education and have a new found motivation for picking up money skills.
With all the financial literacy programs the NFEC also has a team of world class financial education speakers available to support your efforts. These experts know how to entertain and engage an audience while delivering a practical financial education program.
Whatever financial literacy program you choose it’s important to realize that you are making a lasting difference in the lives of those you reach. Keep up your commendable efforts and together we can improve the lives of individuals, families and communities worldwide.