To make a measurable impact on a person’s financial capabilities – many programs fall short. The current reality is that most financial education programs:
When locating a financial education service provider, your reputation is on the line. You will find many financial literacy salespeople who push a single solution. These options do little to address your organization’s unique needs.
Best Practice & Processes
There are recognized best practices for developing, promoting, and sustaining a financial wellness program. The NFEC has devoted a decade into researching, designing, and testing programming. Now a recognized thought leader in the space, we are bringing the resources and materials we’ve used to serve organizations around the globe to you.
Our process is different than others that simply sell you a financial education product as ‘the’ solution. With more than 80 financial literacy assets, the NFEC takes time to understand your needs; then creates a unique programming mix designed to meet your specific objectives. Some of our clients include:
4 Phases to a Purposefully Design Programming Mix
Successful financial wellness programs balance end user and organizational goals. Understanding the needs of all parties helps ensure that a program benefits all stakeholders. During the ‘discovery’ phase, our team uncovers your unique goals – this lays the foundation for clearly-defined programming objectives and custom program design.
- Participants. The needs of the target audience to be reached by the campaign are uncovered.
- Organization. The right questions are asked of key stakeholders to help guide the overall initiative design.
- Feasibility. Consultants assess the feasibility of your vision, given the available monetary and personnel resources.
- Scale. Discover growth plans to ensure that the initial rollout aligns with longer-term goals.
Financial literacy programs that do not clearly define quantifiable measures of success in advance of development lack structure and are likely to deliver subpar results. The ‘define’ phase provides the measures that will provide the overall blueprints for the campaign and barometers of the program’s impact.
Our consultants develop measures to provide empirical evidence of the program’s impact toward achieving your organizational objectives. The data gathered through these measurements provide empirical data by which program success can be judged. We work with your team to define:
Each program has data points we can measure to help us assess program impact.
Key barometers are established to empirically measure your organizational objectives. These measures vary widely from organization to organization, but our experts help you determine the best methods of gathering data specific to your needs. This can include:
We review your current philanthropic initiatives and establish measures aligned with new or expanded financial wellness programming.
Programs designed by qualified experts are built with purpose. All the campaign components work together to promote financial literacy and to further your business objectives. In well-designed programs, the flow of information and built-in promotional components lead to greater overall campaign results.
After completion of the design process, the NFEC provides a comprehensive report that outlines the details of your custom program. Once approved, this report serves as the basis for all future steps.
The NFEC offers various management options for those who need on or off-site support. Common services provided include program direction, data-gathering services, promotional aspect management, project grading, progress reporting, personal consultation, and other aspects our team of experts can handle for you.
Dedicated Campaign Director
Your initiative is organized and led by an experienced campaign director assigned to manage your campaign and ensure that the initiative meets stated goals. Directors are responsible for communication, managing promotions, beneficiary support, and all aspects of the campaign you would like us to manage.
Project Management Platform
The project is managed on a platform that provides you real-time information on deliverables, timelines, campaign status, tasks, promotion calendar, and other aspects. All stakeholders are informed about all updates, and status can be viewed on the interactive Gantt chart.
Aligning educational materials and mix with the learning objectives forms a cornerstone of any financial education initiative. To start the education development process, the NFEC matches the learning outcomes from our inventory of over 400 hours of financial education assets. For those organizations with unique lesson needs, our curriculum design team will create custom resources for you.
A few options are listed below. Hybrid solutions that include pieces of all or some of these methods are most popular.
Live Presentation Resources: In-person or Webinars
The NFEC financial literacy curriculum and presentations are engaging and fun, yet also meet core educational standards. Materials are available for all ages – kids through adults. The programming has been widely recognized for its ability to connect with students and inspire participants of all ages and socioeconomic backgrounds to take positive financial action.
Kids through Adults
Connect & Inspire
Decade in The Making
Technology-based Learning: eLearning & Mobile Platforms
The NFEC’s technology assets leverage best practices in eLearning and vivid design to create a unique learning experience where participants start to take action toward building a sound financial foundation. Participants complete real-world activities and all aspects are measured. Flexible design accommodates a variety of schedules and learning outcomes, and provides blended learning options.
Full Measurement Records
One-on-one Consultations & Accountability Programs
Let experienced and highly-qualified consultants work with those you serve in a personal setting conducted by live stream, phone, or in-person visits. Consultants can answer specific questions or guide the learning process. For those looking for personalized lessons and accountability, this support provides the most customizable option for the individual learner.
Highly Qualified Consultants
In-Person or Digitally
Interactive Experiences, Contests & Gamified Learning
Including interactive experiences, challenges, and contests adds a gamification element to financial education programming that can enhance the learning experience. Although most popular with youth programming there are ways to includes this for select adult populations. From financial scavenger hunts to employee education contests and character-based events for kids – the NFEC provides options for you.
Enhanced Learning Experience
Kids through Adults
The NFEC offers you a variety of customized branding options to ensure that your organization’s messaging is communicated in alignment with your objectives. View the branding options below.
Your program can be delivered by our team or yours. You have access to our team of instructors, or we can train your staff to lead the education.
Final Preparation Options
Now that your program is designed and prepared to launch, it’s time to announce this initiative to your end users and implement the program.
During the implementation phase, we will launch the program and the actual educational components will be conducted. Throughout this process the NFEC will be gathering data and measurements needed for the post-programming phase.
Program launches are a great way to generate momentum and encourage participation in your financial education program. Deciding how to promote, what messaging to include, and the overall event structure are just the tip of the iceberg when it comes to announcing your initiative.
The NFEC provides the resources and personnel needed to give you confidence as the event date approaches, and ensures that the event leaves participants excited about your initiative.
- Launch events are customized to best suit the needs of your organization and the audience.
- Formal program announcements and other methods to let your audience know about your financial education programming.
- Media announcements and marketing efforts to attract outside parties to participate.
Ongoing management of the educational components of the initiative and measurements