Personal Finance Training: Building an Engaging Program
Are you in search of assistance in drawing out objectives of financial literacy training? This is your lucky day, because you’ve arrived in just the right place. Here, we’ve carefully built an in-depth blueprint that details every step that you should take to achieve your goal.
Financial Wellness Training: A Blueprint
How to Achieve Your Goals
What you’re about to read is an example of a working professional who successfully organized an engaging personal finance training program:
Patrick works as a marketing coordinator at a global corporation, and he is currently the supervisor of 23 young associates who have all recently began a 6-month training program. When a number of his team members came up to him with money management questions, he decided to try and help all 23 of them by organizing some sort of financial wellness training. He already understood the topic quite well, but he knew he’d need to reach out for some help with a few critical pieces.
After taking a small number of the employees and doing a fast sample survey, he realized that what these young professionals lacked was a basic level of knowledge on this crucial topic.
Defining Goals: Personal Finance TrainingPatrick understood that his goal with the financial wellness program for the near term was to help these young employees obtain an education on personal finance fundamentals that would help them enhance their financial lives as soon as possible. Due to the wildly varying schedules and availability of everyone in this group, he understood that – at most – every person would be able to participate for about two hours weekly. That’s why he was okay with designing money management training that was condensed – while being comprehensive – and focused mainly on the fundamentals.
When it came time for this financial wellness training to end, his final aspiration was for each person in the group to grow to the “Skills and Concepts” level of understanding on this topic.
Getting Down to Business
Patrick had his objectives set to be a financial wellness provider, so he then needed to move on to figuring out the delivery of the personal finance training. This specific group of coaches had wildly mismatched schedules, so he knew that an internet-based answer would be the ideal route.
Refining Money Management Training
Patrick then needed to figure out a narrower focus for his financial wellness training. This particular group was made up of young adult professionals, so he decided to build this program with a core focus on building a healthy credit history.
Reaching Out for Some Qualified Help
Patrick, at that moment in his journey, needed to seek out a seasoned educator that could present the money management training. That’s why he went looking for an instructor who possessed proven teaching skills, as well as an advanced level of knowledge on money matters.
The person he chose was an NFEC-Certified Financial Education Instructor.
Formatting Financial Wellness Training
Patrick needed a personal finance training program that could work with the group’s availability limitations. That’s why he opted to build flexible financial wellness workshops that was thoughtfully divided into smaller portions that can be completed whenever possible.
Proving Impact: Critical Data
In the collection of 23 employees who participated in the financial wellness training program, 21 were able to complete the whole thing successfully – amounting to an average improvement of about 20%. Patrick then collected the data so that he could make a summary that emphasized how much progress the group had made together, so they could see it for themselves.
Encouraging Future Success
Patrick knew, as the financial wellness training came to an end, that this collection of young professionals would be best helped if he could keep providing them with continued educational support. As the program came to an end for this group, he wrote out personalized emails congratulating everyone and encouraging them to advance their personal finance training into the future.
In the end, he decided to keep offering follow-up money management training sessions at the beginning of every month, so they would have a better chance of keeping what they had already absorbed through his initial effort.