Good News for Those Seeking Top-quality Financial Literacy Tools

For anyone seeking the best quality of financial literacy tools, there’s good news. The NFEC has a variety of financial education tools available, and they are recognized as the best financial literacy resources in the business. From curriculum packages to teach all ages, to large-scale event hosting, to a state-of-the-art online learning center, this broad scope of financial literacy tools and resources can be customized to fit the needs of audiences with any demographic profile.

Further, these financial education tools are firmly grounded in the educational principles defined by the latest research evidence. That means they incorporate insights both from current pedagogical practices and from research on how to encourage positive behavior change.

NFEC Financial Education Tools Employ Backwards Design, Meaningful Engagement Strategies

All of the NFEC’s financial literacy tools are created with the mindset of inspiring learners to adopt good financial behaviors and habits. These personal finance resources and strategies go well beyond simply imparting knowledge; they help students establish financial systems that support lifelong learning and instill long-term positive money habits. Three principles underpin the resources:

  • Backwards design: lessons follow a sequential process to help learners build knowledge and skills and change attitudes and behaviors.
  • Meaningful engagement: financial education tools are organized around financial events learners may face, or may already be facing. Instructors probe students’ answers to better understand their motivations, and strive to incorporate students’ individual interests and priorities within the teaching.
  • Active and applied learning: learners present discussion topics related to the financial literacy tools, translating what they learn into real-life application. As established by Bloom’s Taxonomy of Higher-order Thinking, when students give their own meaning to the learning experience, the information becomes more vivid and significant.
Infographic of Financial Literacy Tools Scopes

Financial Literacy Tools Delivered With Not Just One, But Multiple Methods

According to the latest research, the NFEC has discovered that teaching from the book is not enough to inspire lasting behavior change. That’s why their financial education tools are delivered using multiple methods, including personal education, digital delivery, and supportive ongoing education to offer timely follow-up.

Financial education resources and tools that can be used before the program begins include marketing materials, invitations, registration forms, and assessments. During the time while programming is being delivered, the financial education tools and personal finance guide manual incorporate signs that can be custom-branded, handouts to support the instruction, and anticipatory education materials. Afterward, post-programming resources include participant recognition, continuing follow-up education such as videos and webinars, report templates, and training in how to design reports for maximum impact.

Format of Financial Literacy Tools Operations

Featured by The Federal Reserve

The NFEC’s state-of-the-art multimethod approach to financial education has been featured by the Federal Reserve.

Blueprints of Financial Literacy Tools Administration

The primary goal of every parent is to help his or her kids achieve independence. Yet nowadays a growing number of young people are continuing to live at home long after they reach adulthood. So what can a parent do to avoid having a lifetime roommate? Giving kids financial literacy tools can make a real and positive difference in moving kids toward independent living.

For good definitions of financial literacy terms, consult the National Financial Educators Council website (NFEC; https://www.financialeducatorscouncil.org). Here you can find a variety of programs and resources to give young people a firm basis of money education. Raising money-smart kids should be a primary goal of all parents, and learning the basics of budgeting, savings, investing, and long-term planning are part of that process.

One of the financial literacy tips provided by the NFEC is to build a team of financial advisors to guide important decisions. A solid financial advisor team should include a tax professional, accountant, attorney, and financial consultant, plus any contacts from one’s network who are interested in moving toward financial independence and security.

The NFEC is a leading financial education provider with a stated mission of improving the financial competencies of individuals around the globe. This social enterprise team defines financial literacy as follows: “Possessing the skills and knowledge on financial matters to confidently take effective action that best fulfills an individual’s personal, family and global community goals.” Financial goal-setting is one of the key lessons the NFEC teaches in an online financial literacy essay.

Practical money smarts are rarely if ever taught in public high schools, and you’re unlikely to find financial literacy 101 on a community college class schedule. That’s why the NFEC is working to make financial literacy campaigns and educational resources available across the U.S. The organization’s overall objective is to make a positive difference in individuals’ lives by helping them build a secure financial future.