News 2018

Updates from NEFE in 2018.

 
 

Majority of Americans Aim to Strengthen Focus on Financial Well-Being in 2019

By Harris Poll

NEFE's annual survey on consumer expectations, finds that almost eight out of 10 (79 percent) of U.S. adults will set a financial New Year’s resolution for 2019. A 10 percent increase over last year’s survey.

NEFE Announces New Chief Financial Officer

The National Endowment for Financial Education welcomes Joanne Flores Moses as its new chief financial officer. Moses will oversee day-to-day business operations and management of the endowment’s investment activity and finances.

Mandates Matter When it Comes to Borrowing for College

Mandates Matter When it Comes to Borrowing for College

By Harris Poll

Managing rising education costs remains a challenge for families. A recent survey conducted by Harris Poll finds three quarters of American parents are regularly saving for their child’s education, yet two thirds will rely on grants on grants/scholarships to pay for education costs, and about one third (34 percent) say they will rely on loans.

2018 Excellence in Personal Finance Reporting Award Winners

The National Endowment for Financial Education, in partnership with the Radio Television Digital News Association (RTDNA), proudly recognize winners of the 2018 RTDNA/NEFE Excellence in Personal Finance Reporting Awards. As part of the two organizations’ ongoing efforts to encourage and support radio, television and online news outlets to report on personal finance issues.

Digest Special Issue: Serving Domestic Violence Survivors

NEFE has partnered with the National Coalition Against Domestic Violence (NCADV) to create this special publication for Voices Rising: NCADV's 17th Annual National Conference on Domestic Violence.

New Senior Director of Education, Research, Strategic Impact

Katherine M. Sauer, Ph.D., has joined the National Endowment for Financial Education. Sauer assumes the lead on philanthropic, research, evaluation and technology engagement of the collegiate and adult consumer education initiatives of the foundation.

Study: Self-Efficacy is Biggest Factor in Financial Well-Being

Financial self-efficacy is a better predictor of financial well-being more than race, gender and socioeconomic background, according to a landmark 10-year study.

National Endowment for Financial Education Names New CEO

The National Endowment for Financial Education proudly announces that Billy J. Hensley, Ph.D., has been named today as the new president and CEO effective July 9, 2018. Hensley, who for the past eight years has been NEFE’s senior director of education, will replace Ted Beck, who announced his retirement after 13 years leading the nonprofit foundation.

1 in 3 Americans are Financially Fragile

Research funded by the National Endowment for Financial Education® and conducted by the Global Financial Literacy Excellence Center at the George Washington University, finds one in three Americans are financially fragile, meaning they are unable to cope with emergency expenses in a short timeframe.

Latinas: Hungry for Financial Education, Challenged by Cultural Sterotypes

Researchers at the University of Notre Dame, in a study funded by NEFE®, say Latinas have a huge appetite for financial education and a strong desire to save, and their savings could provide a critical safety net to America’s largest minority group.

Celebrate Relationships, But Beware of Financial Infidelity

Celebrate Relationships, But Beware of Financial Infidelity

By Harris Poll

The National Endowment for Financial Education has been following financial infidelity for a decade, and the problem continues to be prevalent among couples. The latest findings from a biennial survey finds two in five (41 percent) of American adults who combine finances with a partner or spouse, admit to committing financial deceptions against their loved one.

Research Statistic on Financial Windfalls and Bankruptcy

Over the past couple of years several news organizations have attributed a statistic to the National Endowment for Financial Education (NEFE) stating that 70 percent of lottery winners end up bankrupt in just a few years after receiving a large financial windfall. This statistic is not backed by research from NEFE, nor can it be confirmed by the organization.

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