Highlights from NEFE’s 2013 Education Forum

In September 2013, financial literacy experts from the fields of policy, research, and education gathered in Washington D.C. for NEFE’s Education Forum. The event engaged thought leaders in discussion of the NEFE-funded research project, The Effect of Financial Literacy and Financial Education on Downstream Financial Behaviors.

Due to the significant and potentially controversial nature of the research findings, NEFE felt it was important to provide a framework for discussion and debate. What resulted was a lively conversation about the implications of this research. At the end of the forum, attendees charged the field to evolve with changing trends and research findings as they continue to work toward a more robust understanding of financial literacy.

Implications for Future Research

  • Establish shared standards for reporting on financial education and measuring changes in financial literacy.
  • Examine teacher training as a distinct variable that might affect the impact of interventions on literacy and behavior.
  • Explore which financial education interventions work for which populations and in what contexts.
  • Study how various marketing strategies and campaigns affect financial behavior (e.g., ads promoting credit card use or retirement savings).

Implications for Financial Educators

  • Identify teachable moments to deliver timely and relevant information.
  • Explore ways to learn from workplace and career educators, who have demonstrated a greater impact on later financial behaviors.
  • Share effective interventions and best practices with key stakeholders in the field.
  • Use research findings to guide appropriate changes in the delivery of effective financial education.

Contacts

  • Paul Golden

    Media Relations Director

    Direct: 303-224-3514
    Cell: 303-918-3620
    [email protected]

  • Patricia (Pat) Seaman

    Senior Director of Marketing and Communications

    Direct: 303-224-3538
    [email protected]

Contacts

  • Paul Golden

    Media Relations Director

    Direct: 303-224-3514
    Cell: 303-918-3620
    [email protected]

  • Patricia (Pat) Seaman

    Senior Director of Marketing and Communications

    Direct: 303-224-3538
    [email protected]