Community Finance Blog

Community Finance Blog2018-02-02T12:32:18-08:00

Students Financial Literacy

Public Schools Responsible for Preparing Students for Financial Life, Say Experts Why do 1.3 million U.S. college students graduate annually carrying student loan debts? Why do 30% of college and university students drop out after the first year? The National Financial Educators Council is concerned that lack of money management education in junior high and high schools may be the [...]

By |July 8th, 2016|

Financial Literacy Improves Graduation Rates

Financial Literacy Training May be Best Way to Improve College Graduation Rates According to College Atlas, although 70% of Americans today study at a four-year college, fewer than two-thirds actually finish. Among the more than 600,000 freshmen entering college each year, at least 30% of students will drop out after the first year. And the number one reason why students [...]

By |July 8th, 2016|

Financial Professionals Pass Background Checks

Industry Experts Agree: Financial Services Professionals should Pass Background Checks When consumers seek to enlist advice about their personal finances, there are many ways to determine whether a financial professional is a good fit. Educational credentials, professional licenses, and a demonstrated track record certainly are important factors to consider. But a further criterion shouldn’t be overlooked: how good are they [...]

By |July 8th, 2016|

Youth Personal Finance Benefits

For Youth, Learning about Personal Finance has Immediate Applicability to Life Decisions Recently the National Financial Educators Council asked financial experts to answer the following questions: “Do you feel teaching personal finance to students will benefit them? When compared to core subjects taught in school – mathematics (algebra, geometry), science (biology, chemistry) and social studies (history, government) – do you [...]

By |July 8th, 2016|

Money Management High School

Money Management Coursework should be High School Requirement, Financial Professionals Say Recent research by the National Financial Educators Council revealed that the majority of young adults aged 18-24 claim money management would have been the high school-level coursework that would have benefited their lives the most. Yet few – if any – public schools make financial education a priority. We [...]

By |July 7th, 2016|

Is Money Costing You Your Job

Is Your Money Costing You Your Job? Survey finds money-related stress affects employee productivity. by Anne Loppnow, Francis Investment Counsel Is your money costing you your job? When you go to work tired because you were awake all night wrestling with which bill to put off again this month, does it reflect poorly on your performance? How about when you [...]

By |April 12th, 2016|

Teaching Financial Education Technology

Using Technology to Teach Financial Education: Important First Step in the TPACK Framework Effectively teaching financial literacy to students or clients of any age requires a solid educational framework. The National Financial Educators Council (NFEC) has adopted the TPACK scaffold as the foundation for its curriculum and instructor training programs. The TPACK acronym stands for Technology, Pedagogy, and Content Knowledge [...]

By |March 24th, 2016|

Knowledge Critical to a Personal Finance Advisor

Understanding the “CK” in TPACK: Content Knowledge Critical to a Personal Finance Advisor According to the National Financial Educators Council, teachers are the single most important factor contributing to students benefiting from personal finance courses successfully, regardless of the learner’s age or stage of life. That’s why the NFEC adheres to the TPACK framework when developing its instructor training program. TPACK, which [...]

By |March 24th, 2016|

Financial Literacy Month Activities

Professionals Plan Giveaways, Activities for Financial Literacy Month With National Financial Literacy Month swiftly approaching, this is a good time to find out what the financial industry has planned in terms of celebration. 2016 marks the third year since the National Financial Educators Council (NFEC) officially set aside April as the month to recognize financial education initiatives and honor advocates [...]

By |March 24th, 2016|