Certified Financial Education Instructor – Financial Literacy Certification (CFEI)

The NFEC’s Certified Financial Education Instructor program helps individuals acquire the expertise, credibility, and self-assurance they need to teach money management lessons effectively. CFEI graduates report that they experience greater enjoyment teaching and achieve better results among the audiences who attend their presentations.

The CFEI coursework meets standards for the highest academic rigor while providing practical lessons that increase your impact as a financial educator. You will develop skills and learn techniques that help you motivate, engage, and move participants of all ages to take positive financial action.

Graduation from the NFEC’s financial literacy certification program demonstrates that you are qualified to teach the subject matter and increases your credibility as a financial education instructor. Graduates of the coursework take their place among the most highly-qualified personal finance educators in the nation, with proven ability to teach essential money management concepts effectively to people of all ages.

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CFEI Qualifications
Course Details
National Standards
Enrollment Includes

CFEI Graduate Course Ratings

189 Graduates Completed This Post-Training Survey

Do you feel more confident in your
knowledge of how to deliver
financial literacy topics?

98.4%

Will you incorporate what you learned
next time you teach
financial literacy?

97.8%

As a result of this training, my capacity to adapt the curriculum to meet the needs of my audience has improved.

95.7%

Would you recommend that other financial educators complete this class before teaching financial literacy?

97.4%

Qualified Educators – Cornerstone of the Financial Literacy Programming

Personal finance is a unique subject that requires specialized expertise to teach effectively; the educator directly influences both short-term student outcomes and long-term impact on their financial wellbeing. A key provision in the National Financial Capability Strategy, a report that compiled the overall strategies identified by 47 agencies to guide nationwide financial literacy promotion, is the training and deployment of qualified financial educators.

Researchers agree that effective educators help learners achieve better outcomes.

Distinguished financial educators who graduate from the NFEC’s Certified Financial Education Instructor program are not merely dispensers of knowledge; they are learning facilitators who can mold and modify participants’ behavior to guide them toward financial wellness. These certified instructors understand that the subject of personal finance is unique in that it elicits emotional reactions from participants, and are able to deliver training that helps people work toward their personal financial goals.

CFEI Qualifications

The NFEC welcomes individuals with a passion for teaching personal finance and a desire to help people build the skills they need to achieve financial wellness. The NFEC has successfully trained people from various backgrounds to be financial education instructors. From seasoned financial professionals and experienced educators to those with no educational or financial backgrounds, the NFEC works with people of all abilities.

For individuals without a background in education or finance, the training is more challenging; however, they still gain the knowledge and skill sets they need to confidently teach personal finance. We regularly train volunteers, students for peer education programs, and entrepreneurs new to financial education. We even trained a high school student who successfully completed the CFEI program in order to teach youth at a homeless shelter – Read Camille Ko’s Story.

The financial literacy movement needs qualified financial education instructors and we appreciate your interest in becoming an integral part of addressing the financial health of our nation’s citizens.

CFEI Course Details: Topics & Continuing Education Units

The CFEI course includes 2 components: 1) Methods of Teaching (pedagogy) and 2) Content Knowledge.

Graduates of the CFEI coursework successfully complete practical lessons that help them present financial education topics in a group or one-on-one setting. The coursework is listed as a Professional Designation on FINRA’s website* and provides 3 Continuing Education Units (CEUs) for a total of 30 Professional Development Hours (PDH).

Use the tabs below to learn more about the 2 components included in the course.

Teaching financial literacy class

Component 1: Methods of Teaching (Pedagogy, Teaching Techniques & Best Practice)

This portion of the CFEI course focuses on teaching the methods and pedagogies that will help you become an effective financial education instructor no matter what financial literacy curriculum is used.

Throughout the CFEI professional development course, you will learn the instructional techniques that effectively encourage financially sustainable behavior. This section of the training is composed of 12 lessons for which graduates earn 1.5 Continuing Education Units (CEU) / 15 Professional Development Hours (PDH).

  • Overview and Financial Education Benefits

  • Understanding Financial Literacy & Illiteracy

  • Financial Psychology: Decision Process

  • Financial Psychology: Emotions & Money

  • Measurement & Depth of Knowledge

  • Quantifying Measurement Results

  • Teaching Financial Literacy: Learning Styles

  • Teaching Financial Literacy: Approaches

  • Participant Experience & Presentation Tips

  • Motivate, Engage & Move to Action

  • Holistic Education Approach & Recap

  • Framework for Teaching Personal Finance

NFEC's financial literacy certification

Component 2: Content Knowledge (Personal Finance Topics)

If you just need to brush up on personal finance topics, the content knowledge portion of the coursework will help you learn the money management lessons you will be teaching. Those who pass this section earn 1.5 Continuing Education Units (CEU) / 15 Professional Development Hours (PDH).

Content knowledge of personal finance subject matter is an essential component of being a qualified financial education instructor and gaining the confidence to teach lessons on core topics. During this portion of the course you will gain a deeper understanding of core personal finance topics (credit, budgeting, etc.) while improving your abilities to explain the subject lessons.

Test Out & Completion Options

You may either test out of the content knowledge portion of the course or complete the lessons.

Option 1: Test out of the ‘Content Knowledge’ portion of the course. Financial professionals, personal finance experts, and those proficient on money management matters may choose to test out of this portion of the course. You will still be granted full access to the lessons if you desire to review the coursework.

Option 2: Complete the ‘Content Knowledge’ portion of the course. Improve your personal financial capabilities and gain the confidence to teach the lessons effectively. Lessons include:

  • Financial Psychology

  • Budgeting & Savings

  • Account Management

  • Credit Profile

  • Loans & Debt

  • Economic & Government Influences

  • Risk Management & Insurance

  • Investment & Personal Financial Planning

CFEI-Product-Display-Full-1200

Enroll Now

Total Investment is $297
(includes everything needed for Certification: training, testing, certification)

Annual training and testing are required to maintain CFEI status. Starting year 2 (365 days after order), your annual investment is $97 and includes all the training, tools, and testing you need to keep your certification up-to-date. Read the complete terms and conditions.

CFEI Certification Meets National Standards for Financial Education Instructors

The Framework for Teaching is backed by evidence-based research and widely accepted by educators, administrators, policymakers, and academics. The Framework identifies skill sets qualified educators should possess and performance levels that define instructor capabilities. The Framework for Teaching is the most widely-used teaching model in the United States, and has been adopted as the single model, or one of several approved models, in more than 20 states.

The NFEC partnered with Danielson Group consultants to modify Charlotte Danielson’s Framework for Teaching to meet the specific needs of Financial Education Instructors. This collaboration yielded the first and only national standards for financial educators – the ‘Framework for Teaching Personal Finance’. The Framework identifies the responsibilities of financial educators proven by empirical studies and theoretical research to produce the highest gains in participant test scores, and provides clear benchmarks to enhance educators’ongoing professional development.

The Framework for Teaching Personal Finance is a research-based set of components aligned with InTASC standards and grounded in a constructivist view of learning and teaching. This Framework breaks down teaching financial literacy into 22 components recognized as best practices in the industry. To date the NFEC is the only organization to clearly define the knowledge, performance expectations, and skill sets in which financial educators should demonstrate competency.

Meet the Course Instructors

The CFEI’s Curriculum Advisory Board and team of educators are diverse and include traditional educators, personal finance experts, and financial professionals. This collaboration between more than 50 experts has yielded a professional development course that bridges the gap between theory-based education and practical application.

Diane Larsen is a NFEC Certified Financial Education Instructor and award winning economics teacher at Mater Dei High School where she has taught for 26 years. She was selected as Jump$tart Coalition Outstanding Educator and the only California teacher chosen by CEE and the U.S. State Department to travel to South Africa to teach and review other economics teachers in an exchange program. Her students have won high honors in the California State Stock Market Simulation placing 1st in 2008, 2009, and twice in 2012. Last year she had trained 5 of 10 teams in the top ten in the State and had a team win the National Stock Simulation. Diane’s students have scored in the upper 10% in the National Financial Literacy Challenge with one in the upper 1% of the nation. Her teams have been regulars in the CCEE Capital Markets Competition and last June had a team place in the top 6 in the Money Wise Teen competition sponsored by CCEE.

Steve Repak, is a Certified Financial Planner™, Army veteran, and author of Dollars & Uncommon Sense: Basic Training For Your Money. Steve graduated Summa Cum Laude with a Bachelor of Science in Management Communications from Amridge University. Steve has been a frequent guest on Fox and Friends, Fox Business, and the 700 Club. Steve has been interviewed on NPR, Bloomberg, Market Watch, and Wall Street Journal Radio. Steve’s work has been featured in Forbes, Investor’s Business Daily, BusinessWeek, MSN Money and Yahoo Finance. Steve is currently a contributor to the Equifax® Finance Blog, Choose Now Ministries and The Life of a Single Mom Ministries. Steve is an advocate for financial literacy and a 15 year veteran in the financial services industry. Steve has demonstrated expertise as an educator from how his presentations are well received by the audience, and from the post-surveys collected which demonstrated the material made an impact.

Erica K. Jackson served as Director for the Center for Financial and Consumer Outreach (at Penn State Erie, The Behrend College) and holds a certification as a Certified Financial Education Instructor (CFEI). In this role, she was responsible for financial literacy programming, project management, and community outreach /collaborations. Jackson has also served as the inaugural Executive Director for Junior Achievement’s Northwest PA Regional Office. Over the years, Erica has partnered with several agencies and organizations to advocate for financial capability including: National Financial Educators Council, Pennsylvania Treasury, Pennsylvania Department of Banking, and Jump$tart Coalition. Because of her active involvement throughout the state, Erica has been recognized for her commitment and dedication. This includes: Distinguished Leadership Award – Honored by Governor Edward Rendell, U.S. House of Representatives Congressional Certificate, and Women Making History.

 Tony Steuer provides simple answers to your complex questions on insurance. Tony Steuer, CLU, LA, CPFFE is a recognized authority on life, disability and long term care insurance literacy and a member of the California Department of Insurance Curriculum Board and the National Financial Educators Council Curriculum Advisory Board. Tony provides insurance literacy education and resources. Tony’s Questions and Answers on Life Insurance and The Questions and Answers on Life Insurance Workbook were winners of the Excellence in Financial Literacy Education™ Award from the Institute for Financial Literacy®. Tony is a frequent speaker and media contact for print, online & radio. Tony’s also the author of: The Questions and Answers on Disability Insurance Workbook and The Questions and Answers on Insurance Plan. His book, the Questions and Answers on Life Insurance has been named by Forbes as 1 of 9 great investment books worth reading.

Gary Jaeckel’s passion for improving people’s financial capabilities took him from the corporate world to the financial literacy industry. He brings real world experience to the academic side of the financial literacy field with his background in the financial and securities industries and corporate finance. He is a recognized expert in teaching personal finance and is known as an advocate promoting personal financial education as a stand-alone course in all schools across the country.  At NFEC, Gary was instrumental in developing the Framework for Teaching Personal Finance and his textbook, Teaching Personal Financial Education, is used as part of the NFEC’s curriculum.  He has also authored another textbook, Personal Finances and the Economy which covers the major personal finance and economic content standards.  Gary holds a Masters degree in international business and a Secondary Education Teaching Certificate.

Vince Shorb is CEO of the NFEC and one of the Council’s original founders. Shorb remains involved in educational development and raising awareness for the financial literacy movement. Before joining the NFEC, Shorb talked with more than 20,000 people about their personal financial situation and reviewed the personal financial statements of more than 10,000 clients. This real-world experience in the financial literacy field contributes to his deep understanding of the challenges people face today. His passion for helping people improve their financial capabilities combined with his expertise in the financial education industry propelled him into a leadership role in the industry. Shorb was instrumental in developing the Framework for Teaching Personal Finance, the CFEI training program, founded the first national speakers association for personal finance experts, created a PSA campaign covered by TIME, was the lead consultant on initiative that will reach over a half-million people, has lead the Curriculum Advisory Board on development of over 250 hours of curriculum and enlisted the support of top celebrities – Shorb’s credentials make him among the most qualified financial literacy advocates in the world.

What the CFEI Course Includes

Coursework

As you know by now, the Certified Financial Education Instructor course helps you improve your capabilities as a financial educator while adding to your credibility. The Certified Financial Education Instructor training includes:

Graduates Resource Center

Graduates of the Certified Financial Education Instructor course receive both personal and professional benefits. The NFEC encourages individuals and organizations to leverage the benefits of starting a financial literacy initiative toward satisfying other professional and personal objectives.

Besides training effective instructors, we seek to help you raise community awareness and develop a sustainable outreach model. These resources are available to graduates complimentary:

Certification Resources

(Available for CFEI graduates upon course completion)

Awareness Resources

(Available for CFEI graduates upon course completion)

Sustainability Resources

(Available for CFEI graduates upon course completion)

Enroll in The CFEI Course

By now you understand that the Certified Financial Education Instructor program provides the skill sets you need to teach financial literacy effectively. Completing the program gives you added credibility and confidence when teaching. Simply register below or contact us using your preferred method.

Right now you are invited to join the financial literacy movement. Become an active participant working toward solutions proposed in the National Financial Capability Strategy. Your investment also will help support a variety of programs funded through the NFEC’s social enterprise model.

CFEi-Process-Flowchart

CFEI-Product-Display-Full-1200

Enroll Now

Total Investment is $297
(includes everything needed for Certification: training, testing, certification)

Annual training and testing are required to maintain CFEI status. Starting year 2 (365 days after order), your annual investment is $97 and includes all the training, tools, and testing you need to keep your certification up-to-date. Read the complete terms and conditions.

The NFEC appreciates your interest in improving the financial capabilities of your community members. The more people you reach with money management training, the closer it brings us to accomplishing our mission of “creating a world where people are informed and able to make qualified financial decisions that improve their lives, the lives of those they love, and the lives of those they reach around the globe.”

References

[1] W. L. Sanders, S. P. Wright and S. P. Horn, University of Tennessee, Journal of Personnel Evaluation in Education, Vol. 11 (1997), Teacher and Classroom Context Effects on Student Achievement: Implications for Teacher Evaluation.
[2] Annamaria Lusardi and Olivia S. Mitchell, NBER Working Paper No. 17078 (May 2011), Baby Boomer Retirement Security: The Roles
of Planning, Financial Literacy, and Housing Wealth.
[3] Bennett et al., BMC Geriatrics, 12:30 (2012), Correlates of Health and Financial Literacy in Older Adults without Dementia.
[4] R. J. Marzano, D. J. Pickering and J. E. Pollock, Association for Supervision and Curriculum Development, Alexandria, VA (2001),
Classroom Instruction That Works: Research-based Strategies for Increasing Student Achievement
[5] Max Nisen, Business Insider (Sep. 16, 2013), Impact of Teachers on Lifetime Earnings.
[6] Pamela D. Tucker and James H. Stronge, Association for Supervision and Curriculum Development (2005), Linking Teacher
Evaluation and Student Learning.
[7] William J. Webster and Robert L. Mendro, Dallas Public Schools (1997), The Dallas Value-Added Accountability System Report.
[8] National Financial Educators Council (2016), National Financial Capability Strategy.

*FINRA does NOT approve or endorse any professional designation. Nor does a designation’s inclusion in this database imply that FINRA considers the designation to be acceptable for use by a registered representative.

 

 

 

 

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