The Eight Stages of Successful Financial Education Seminars

Are you searching the internet, hoping to find a resource that will help you plan successful financial education seminars? Your search is finally over, my friend! We’ve prepared an in-depth breakdown of all the right steps that will help you reach your goal. Keep reading to find out.

First Glance: Financial Education Seminars

Formation of Financial Education Seminars Assets

Proficiency of Financial Education Seminars Assets

A Real-World Win

The example that follows is a scenario of a working American who, with a bit of help, successfully held helpful financial education seminars:

Danika is the event coordinator for a community organization, where she was recently put in charge of a financial education training program – where she oversees 13 new employees who are all in their early 20s. Many of them are fresh out of college. After she noticed multiple employees coming up to her with personal finance questions, she decided to try and plan a series of financial education seminars that they could participate in. She already had a well-rounded education on the topic at hand, but she quickly understood that she’d need some help if she was to successfully pull these seminars off.

After quickly performing an informal sample survey with some members of the group, she realized that what this group lacked was a basic understanding on the topic.

Goals for Your Financial Education Seminars

Danika understood that her goal for the near term was to help these employees gain an education on personal finance principles that would help them improve their financial lives as soon as possible. Because of the wildly varying availability of everyone in the group, she realized that – at most – each person would be able to participate for about three hours each week. That’s why she was cool with planning more condensed seminars that focused on the basics.

With these financial education seminars, her final goal was for this group to achieve the “Skills and Concepts” level of understanding.

Setting Out: Where Success Begins

After Danika had defined her practical goals, the delivery method was what she needed to decide next. Given this group’s lack of availability, she opted to do achievement-based seminars so they would be motivated to continue through each phase.

Being Sure to Customize

Danika, at that point, needed to figure out a narrower concentration for her financial education seminars. Most of the people in this group were young professionals, so she decided to center the program on credit scores and retirement investing.

Suggestions for Financial Education Seminars Policies

Augmentation of Financial Education Seminars Resources

Reaching Out for Some Qualified Help

Danika, at that moment in the process, had to find an educator that would be experienced enough to present this material. That’s why she went searching for a presenter that had proven teaching skills and a verifiable track record, on top of a robust level of personal finance knowledge.

The person she chose was an NFEC-Certified Financial Education Instructor.

Why Curriculum Design Matters

Danika would need a solution that would still work smoothly in the face of the inconvenient schedule limitations. With that understanding, she decided to ensure she created a solution that’s broken up into smaller, easy-to-digest modules that can be done whenever.

Visualizing the Results

Out of the 13 new employees, 12 ended up finishing the whole thing with an average improvement rate of 20%. Danika’s next decision was to compile the resulting data and craft a report that she could show her supervisors just how successful her efforts were.

Formation of Financial Education Seminars Operations

Emphasizing Progress & Success

Danika realized that this group would be able to reach their highest potential if they were to receive ongoing support. When the financial education seminars ended, she made a public post on social media congratulating everyone’s progress.

She decided to continue helping this group by offering follow-up seminars, once per month, so that they could retain and apply what they had already learned.

The National Financial Educators Council (NFEC) is an independent organization with a demonstrated commitment to improving people’s financial knowledge. Using financial education seminars, full-scale campaigns, and online resource centers, this group offers a variety of options to help citizens around the world gain practical skills for handling their money efficiently.

One of the key lessons in the NFEC’s financial education workshops is how to build a workable budget. The primary goal of having a good budget is to help folks figure out how to save for the things they want now, while ensuring that they have enough set aside for later. Setting aside a certain amount of money each month is like “paying yourself first.” A savings plan builds a foundation for accumulating future wealth, while still allowing people to enjoy their lives in the moment.

These days too many people get into money trouble because they live outside their means, using credit cards to buy things and going into unnecessary debt. Savings is a much safer method of getting what we need. During financial literacy workshops, people learn how regular savings can free them from the emotional stresses of being unable to pay their everyday bills.

Life is all about experiences. And how can we enjoy experiences if we’re always worried about how to pay for them? For this reason, getting a financial education depends on making the choice to save money rather than spending every penny we earn. Living paycheck to paycheck carries a big price—we give up our freedom. Savings and budgeting empowers us toward experiencing all that life has to offer.

The NFEC is a nationally-recognized leading provider of financial education services. They offer financial education programs, resources, and online learning tools to reach audiences of all ages and walks of life. Their team of financial experts can even tailor financial education seminars to meet the unique needs of a specific group.