Financial Literacy Handouts: An Essential Guide
Have you had enough of your lengthy online search for financial literacy handouts? Not very many reliable offerings can be found out there, sadly. Finally, however, your search has brought you to the best place – right here! We have put together a truly unique, step-by-step guide that details the necessary actions one would need to take in order to set up a high-quality financial education program, in order to serve as a helpful resource to both people and organizations.
At the NFEC, we have financial literacy handouts available to participants worldwide, featuring material that’s completely customizable for any collection of participants – regardless of how old they are or what socioeconomic background they have.
The heavily tested solution we’ve built is engaging, leaves an impression, and still keeps things fun and entertaining.
A Look at Real-World Financial Literacy Handouts
Henrietta works as the head coordinator at a university-affiliated volunteer initiative, where she oversees 31 college-aged volunteers. Following several questions from volunteers related to their personal financial literacy, she decided that she would set out to help them all by providing them with financial literacy handouts. The only snag was that she had no idea where to begin. She was confident in her own personal knowledge on the topic, but she didn’t have much experience in teaching. For that reason, she understood that it would be best to reach out for some experienced help in teaching this vital information.
After informally speaking with the majority of her employees, she realized that a large part of the group lacked even a basic understanding of the topic, and she knew that they would benefit best from easy-to-digest financial literacy handouts that wouldn’t bore them.
The First Step
Henrietta’s initial plan in this journey was to somehow help this group obtain a solid understanding of this subject area without any assistance, via a round of workshops she would hold herself. She decided the fundamentals were the most important, so she chose to begin with just the basics. Down the line into the future, however, her long-term plan was to build total confidence in this group as it relates to personal money management.
How to Tackle Financial Literacy Handouts
As Henrietta was finally decided when it came to her short-term plans and long-term blueprint, she was able to begin considering which presentation method would be best for this particular group. What pace should she set the learning at? And what delivery method should she choose? With such varying schedules and mismatched availability, it would be hard to get this group in the same place at the same time. Coming to realize that complication made her understand that a program that’s fully based online financial literacy course would be the best route, enabling everyone in the group to learn the material whenever they want.
Executing a Plan
What Henrietta needed to proceed with next was to narrow down the focus of the financial literacy handouts. Because the whole group were total novices when it came to the topic at hand, which led her to decide that giving them a general introduction to the material would be ideal. The financial literacy lesson plans she selected were provided by the National Financial Educators Council and fit her audiences needs.
Working out a Pace
Henrietta needed a course choice that went over these topics with the help of interactive and in-depth activities, and one that could also fit around everyone’s mismatched schedules. Understanding this, she knew that a flexible, modular type of program would be best for this particular group.
Finding a Partner for Financial Literacy Handouts
Henrietta knew that laying out a course like the one she had in mind could be done by herself, but she was worried that she wouldn’t make the program entertaining enough. To ensure that the program would be helpful to everyone, she decided to get in touch with a NFEC Educator (CFEI) and get some help with the “fun” part of the equation. With a seasoned financial literacy consultants help in her endeavor, she was much more confident.
Understanding the Results
Of the 31 volunteers that ended up taking part in the financial literacy handouts, 28 of them (90%) successfully completed the whole program. Out of the volunteers who made it to the end of the program successfully, everybody (100%) indicated in the post-course survey that their knowledge as it relates to personal finance increased “significantly.” Once everything was said and done, Henrietta went on to build a report detailing all the results from the program – so she could demonstrate how positive the conclusion of the course was.
Following Up Matters
If this group was ever going to achieve continued success on this topic, Henrietta knew that they would need some additional support moving forward. Right after the end of the initial financial literacy handouts, she sent each of the participants a personalized email message encouraging them to keep learning about money management. She also give a final financial literacy test and sent them the results to show them how much they improved.
In order to enable them to retain the knowledge they gained in the program, Henrietta chose to provide them with monthly follow-up sessions. This would help everyone continue to grow the foundational knowledge they’d already established.