Latest Advocacy Campaigns
In the Black Friday (November 29)
“In the Black Friday” kicks off the NFEC’s holiday promotions that encourage people to reduce spending this holiday season and build savings instead. For parents, this promotion offers a timely educational opportunity to teach kids valuable personal finance lessons.
Financial Education Instructor of the Year Announced (January 24)
This year’s National Financial Education Instructor of the Year (FEIY) will be announced on January 24. This award is given to one financial educator who delivers top-quality education and raises awareness for the financial literacy movement.
Financial Literacy Month (April)
The NFEC has a series of promotions planned for Financial Literacy Month including events, online promotions, and announcements of testing and survey data. We invite you to participate in these financial literacy month activities to push the financial education movement forward.
National Financial Educators Day (April 24)
Financial Educators Day recognizes those individuals who are working to improve the financial capabilities of people in their communities. Nominate yourself or another person to receive this award.
Cash for Candy (October 31st)
The NFEC encourages you to contribute to children’s physical and financial wellbeing by substituting ‘cash for candy’ this Halloween. The NFEC’s Cash for Candy campaign provides a fun solution that highlights your contribution to the community. The NFEC encourages you to contribute to the physical and financial wellbeing of our children by substituting ‘cash for candy’ or hosting a candy buy-back event this Halloween.
Nomination Period: Financial Education Instructor of the Year (starts November)
Each year the National Financial Educators Council honors an outstanding financial educator by presenting him or her with the coveted Financial Education Instructor of the Year Award. Each year we select one winner whose history of empowering people through financial literacy make them the best match for the NFEC’s award criteria. Nominate yourself of another.
Sunset Savings Time (November 3rd)
Twice per year the Sunset Savings Time campaign reminds people to review their savings plan and make the changes needed to help them work toward long-term financial security. Sunset Savings Time occurs on Daylight Savings Time day to serve as an easy reminder – when you change your clocks, review your savings.
Financial Literacy Month (starts April 1st)
On March 9, 2004 Senate Resolution 316 was passed designating April 2004 as “Financial Literacy Month” to raise public awareness about the importance of financial education in the United States and the serious consequences associated with a lack of understanding about personal finances. We commend those organizations that are promoting financial wellness, and encourage you to expand your programs this year.
Financial Education Instructor of the Year Announced
Each year the National Financial Educators Council honors an outstanding financial educator by presenting him or her with the coveted Financial Education Instructor of the Year Award. Each year we select one winner whose history of empowering people through financial literacy make them the best match for the NFEC’s award criteria.
Financial Educators Day (last Friday in April)
Financial Educators Day recognizes those individuals who are working to improve the financial capabilities of people in their communities. will honor educators with a Financial Educators Day Certificate of Appreciation. The only requirement is that the award recipient contributes positively to the financial literacy movement. Nominate yourself or another
Latest Research, Surveys & Testing Data
Cost of Financial Illiteracy (January)
Each year the NFEC promotes the cost of financial illiteracy survey. These data are gathered from people around the country and the results help define the real costs of lacking money management knowledge. Featured on the front page of USA Today, MarketWatch, and MSNBC.
Annual Love & Money Valentine’s Day Survey (February)
So what impact does money have on your romantic relationships? The National Financial Educators Council was curious, so they asked 2,644 people across the US survey questions related to money and relationships.
National Financial Literacy Test Results (March)
Each year the NFEC releases the results of its annual national financial literacy assessment, the National Financial Capability Test. More than 40,000 participants have taken the test, which has been featured in Forbes, Yahoo Finance, The Hill, and CNBC.
Should Financial Literacy be Taught in School Survey
The goal of this survey was to measure people’s opinions about the value of personal finance education relative to other coursework commonly offered in high school. The findings demonstrate that most people across the country agree that financial literacy is a topic that public schools should teach. See the results.
Educational Methodologies in Personal Finance Research Report
The educational methodologies developed by the NFEC support learners to develop positive financial behaviors, acquire financial knowledge, and establish systems that help them work toward stronger financial positions. Toward those ends, these research-based educational and financial principles incorporate insights from both the pedagogical canon as well as current research into how people change attitudes and behaviors.
Updated Standards for Financial Educators
The NFEC updated the Framework for Teaching Personal Finance. These standards developed in partnership with the Danielson Group (creators of most widely accepted instructor standards in public education) to share benchmarks with the financial education industry and provides clear performance criteria. The qualifications set forth in the Framework give public assurance that financial education instructors are held to the highest standards of practice.
Cost of Illiteracy
The latest Cost of Financial Illiteracy data is available. The last few years survey results of over 8,000 has estimated the collective cost of lacking knowledge about personal finances cost the country over $200 Million annually. In this literacy research the average respondents reported losses of over $1,000 annually. See the latest illiteracy cost survey results – click here.
The latest Financial Literacy Test Results. More than 70,000 people from all 50 states participated in our financial literacy test and surveys. The test questions cover the ten subjects covered in the Financial Literacy Framework & Standards and has been featured in Huffington Post, The Hill, Yahoo Finance, Business Insider, MarketWatch, Forbes, CNBC and USA Today. See the latest national test results – click here.
Educator Spotlight of the Quarter
Educator Spotlight of the Quarter
Financial Literacy News & NFEC Updates
CBS MarketWatch featured the NFEC’s survey on the cost of financial illiteracy to make a case for mandating high school personal finance classes.
University of North Georgia
A team of Certified Financial Education Instructors was trained at UNG to teach personal finance on campus and in the community.
A feature story describing Certified Financial Education Instructors and the role these instructors play in financial education.
NFEC survey on the most beneficial course that could be taught in schools. Money management was chosen above all other topics.
September 16, 2019
NFEC launches new website – over 1,200 educational webpages to support financial educators.
September 30, 2019
New curriculum launches – significantly expanded resources & topics.
October 7, 2019
New product line available – turnkey financial education program.
October 17, 2019
New complementary training course – How to Build a Financial Education Program.