To obtain a better understanding of personal finance NEFE identifies and promotes in-depth exploration of financial issues of concern to the public.Learn more below about the different research NEFE has done through grants or with partners.
Dartmouth college researchers are optimistic that the workplace financial education program model they have identified and developed will increase participation in retirement savings accounts. Using video testimonials, researchers witnessed a 56 percent increase in enrollment in employer-sponsored retirement savings plans within 30 days of new-hire orientation.
Many college graduates will enter young adulthood poised for success. Some may stumble at first, and still others will fall. What sets them on different pathways? To answer this question, University of Arizona started a landmark longitudinal research study to look at the connections between financial success and well-being in a diverse group of first-year college students.
Did you know that Latino workers are more likely than other ethnic groups to rely heavily on Social Security for their retirement income? It’s true — Latinos also are far less likely to be covered by employer-provided pensions or to be contributing to employer based retirement savings plans. And, with limited individual assets, Latinos remain more vulnerable than other groups tolow income and poverty.
In an exclusive six-week series from Nov. 20 to Dec. 29, 2006, the National Endowment for Financial Education and USA TODAY® launched a study of the twenty-something generation titled “Young & In Debt,” which found that young adults are facing significant challenges in managing their money and their debt. The series paired five different young people with financial planners to give them—and readers—advice on maintaining order in their financial lives, while providing helpful tips on paying off debt, establishing a budget and saving for the future.
In 2006, NEFE awarded a $104,807 research grant to the University of Wisconsin-Madison to study how prepared teachers are to teach financial education in the nation’s schools and how educators’ personal issues with money management may affect their willingness and ability to effectively include personal finance in the curriculum.
An innovative tool to evaluate the effectiveness of financial education programs now is accessible to individuals and organizations involved in financial literacy activities. The new resource, called the NEFE Financial Education Evaluation Toolkit® , was developed by university researchers through a $137,000 grant from NEFE.