The Latest

NEFE RETIRES SMART ABOUT MONEY, HIGH SCHOOL FINANCIAL PLANNING PROGRAM

NEFE has ended management of its financial education platforms to focus on new endeavors to support financial education.

NEFE, Higher Education Financial Wellness Alliance Agreement will Continue CashCourse

NEFE, Higher Education Financial Wellness Alliance Agreement will Continue CashCourse

NEFE donates the entire CashCourse platform, including intellectual property and resources, to HEFWA as part of a philanthropic effort.

NEFE Names New Senior VP of Research, Impact

NEFE Names New Senior VP of Research, Impact

NEFE welcomes Beth Bean, Ph.D., as senior vice president, research and impact. Bean will oversee the expansion and application of NEFE’s research, insights and engagement.

Collaboration Is Vital to Improve Financial Well-Being

Collaboration Is Vital to Improve Financial Well-Being

By Billy J. Hensley, Ph.D., President and CEO National Endowment for Financial Education

A true spirit of collaboration within the financial education community is necessary to unlock the doors to improved financial well-being for all Americans.

What We’re Reading: Working Paper Revisits Evidence on the Effectiveness of Financial Education

NEFE reflects on a working paper that quantifies the impact of financial education programs.

Majority of Americans Battered by Pandemic, Unsettled Economy

Majority of Americans Battered by Pandemic, Unsettled Economy

NEFE survey finds that nearly seven in 10 U.S. adults say they experienced unexpected financial setbacks in 2020.

NEFE Welcomes New Board Members

NEFE Welcomes New Board Members

The National Endowment for Financial Education® (NEFE®) welcomes three new members to its Board of Trustees for 2021.

RTDNA/NEFE Announce 2020 Excellence in Personal Finance Reporting Award Winners

RTDNA/NEFE Announce 2020 Excellence in Personal Finance Reporting Award Winners

NEFE, in partnership with the RTDNA, announce the winners of the 2020 Excellence in Personal Finance Reporting Awards.

Survey Update: Over 4 in 5 Americans Still Experiencing COVID Related Financial Stress

By NEFE/The Harris Poll

According to a new survey over four in five Americans have experienced little to no relief on their financial stress since the initial outbreak of COVID-19.

NEFE Invests in Underserved Communities

NEFE Invests in Underserved Communities

NEFE is making a greater commitment to address structural and systemic racism and inequality by investing in several organizations that support underrepresented populations.

NEFE, AFCPE Partner to Support Diverse Communities

NEFE, AFCPE Partner to Support Diverse Communities

NEFE is launching an initiative through a partnership with the AFCPE to fully sponsor the training and credentialing of 100 new Accredited Financial Counselors® (AFC®), all of which will be people of color.

Racism, Bias and Economic Inequality Impair the Financial Well-Being of Millions

Racism, Bias and Economic Inequality Impair the Financial Well-Being of Millions

By Billy J. Hensley, Ph.D., President and CEO National Endowment for Financial Education

NEFE provides unrestricted operational grants to organizations focused on equity.

Listening, Reflection Is Key to Our Nation’s Healing

Listening, Reflection Is Key to Our Nation’s Healing

By Billy J. Hensley, Ph.D., President and CEO National Endowment for Financial Education

NEFE has always valued equity and inclusion, but is making a greater commitment to evolve by investing in communities of color and underserved populations.

The 2020 Excellence in Personal Finance Reporting Awards is Now Open

The 2020 Excellence in Personal Finance Reporting Awards is Now Open

The Radio Television Digital News Association (RTDNA) and NEFE are now accepting entries for the 2020 Excellence in Personal Finance Reporting Awards.

Nearly 9 in 10 Say COVID-19 Crisis is Causing Financial Stress

By NEFE/The Harris Poll

According to a new survey released by NEFE, nearly nine in 10 (88 percent) Americans say the COVID-19 crisis is causing financial stress.

With This Crisis Does Financial Literacy Even Matter?

With This Crisis Does Financial Literacy Even Matter?

By Billy J. Hensley, Ph.D., President and CEO National Endowment for Financial Education

Financial literacy matters more than ever, especially as the country moves forward in recovery.

NEFE's Commitment and Short-term Changes in Light of the COVID-19 Pandemic

NEFE's Commitment and Short-term Changes in Light of the COVID-19 Pandemic

By NEFE

The National Endowment for Financial Education first and foremost prioritizes people and do not take this current situation lightly. In this global effort, we want to update you on our response and our actions as we continue to closely monitor COVID-19.

NEFE Partners with Knology on U.S. Financial Education Spending Database

NEFE Partners with Knology on U.S. Financial Education Spending Database

By NEFE

The National Endowment for Financial Education and Knology announce a collaboration to create a database of historical spending on financial education across all 50 states.

NEFE Welcomes New Board Members

NEFE Welcomes New Board Members

By NEFE

NEFE announces two new members have joined its Board of Trustees who can provide diverse and unique insights and perspectives.

Majority of Americans Plan to Hone Financial Focus in 2020

By NEFE/The Harris Poll

NEFE's annual survey on consumer expectations, finds that three quarters of U.S. adults will make financial New Year’s resolutions for 2020 and that they may have anxiety over their ability to save money.

NEFE’s Hensley Speaks with Bigger Pockets Podcast on State of Financial Education

NEFE’s Hensley Speaks with Bigger Pockets Podcast on State of Financial Education

Billy Hensley, Ph.D., president and CEO of NEFE, joined Mindy Jensen of the Bigger Pockets Podcast for a thorough dialogue about NEFE’s vision for the future of financial education.

NEFE Welcomes New Managing Director Research

The National Endowment for Financial Education announces Jill Jones, Ph.D., has joined the organization as its new managing director of research.

NEFE Welcomes New VP External Affairs

The National Endowment for Financial Education announces Chris Shannon has joined the organization as its new vice president of external affairs.

Politics Hinders the Effectiveness of Financial Education

Politics Hinders the Effectiveness of Financial Education

By Billy J. Hensley, Ph.D., President and CEO National Endowment for Financial Education

Billy Hensley, Ph.D., President and CEO of NEFE writes about the role politics plays in the creation of financial education mandates.

RTDNA-NEFE Announce 2019 EPFR Award Winners

The National Endowment for Financial Education, in partnership with the Radio Television Digital News Association (RTDNA), proudly announce winners of the 2019 Excellence in Personal Finance Reporting Awards.

Study: College Debt by Degree | NEFE

Study: College Debt by Degree | NEFE

The National Endowment for Financial Education, in partnership with The Ohio State University, recently published a study examining types of debt held by individuals at age 30, uncovering several inequalities between two- and four-year degree holders.

Stop the Argument Asserting Financial Education Doesn't Work

By Billy J. Hensley, Ph.D., President and CEO National Endowment for Financial Education (NEFE)

Billy J. Hensley, Ph.D., NEFE president and CEO, pens rebuke to claims that financial education is futile.

Many Americans Satisfied with Tax Filing Outcome

Many Americans Satisfied with Tax Filing Outcome

By NEFE/Harris Poll

Significant changes to the federal tax law in 2019 led to speculation that many taxpayers would end up owing money unexpectedly. Read how a new poll finds that 2 in 5 Americans are happy with their results.

NEFE Welcomes New Board Members

NEFE announces two new members have joined its Board of Trustees and has named a new chair and vice chair for 2019.

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.

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.

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.

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.

Common Income Shocks Disrupt Retirement Savings

New research finds that almost no one is safe from periods of lost income due to a health crisis, job loss or other life transitions during their working years.

CashCourse Names 2017 Financial Educator of the Year

CashCourse and the National Endowment for Financial Education (NEFE) announce Paul Goebel, director of the Student Money Management Center at the University of North Texas, has been named the 2017 CashCourse Financial Educator of the Year.

Neiser Appointed to CFPB Advisory Board

The Consumer Financial Protection Bureau (CFPB) has announced the appointment of Brent Neiser, CFP®, senior director with the National Endowment for Financial Education (NEFE) as one of six new consumer experts from outside the federal government to its Consumer Advisory Board.

PRNDI-NEFE Announce 2017 Financial Reporting Award Winner

Brian Bull from KLCC public radio in Eugene, Oregon, has received the 2017 PRNDI/NEFE Excellence in Consumer Financial Reporting Award for his entry, “Robust Eugene-Springfield Housing Market Subject to Potential Downturns,”.

Report: 1 in 5 U.S. Teens Lack Basic Financial Literacy Skills

Results by the Program for International Student Assessment (PISA) show that one in five (22 percent) U.S. teenage students lack basic financial literacy skills.

How Do We Get Teens to Care About Financial Future?

How Do We Get Teens to Care About Financial Future?

A recent analysis on the financial proficiency of teenagers shows Americans are uniquely in peril as the U.S. is the only country demonstrating low financial literacy levels compounded with low retirement income replacement rates.

The Conversation Couples Should Have on Valentine's Day

It’s time to celebrate relationships, love and commitment—and it won’t be cheap. What often is overlooked when couples take time out to appreciate each other is dedicating a moment to discuss money and financial values.

Millennials Show Alarming Gap Between Financial Confidence and Knowledge

Millennials are overconfident and underprepared when it comes to managing their money, according to new research. They consider themselves far more knowledgeable financially than they actually are.

1 in 3 Say Financial Life is Worse Than They Expect it to Be

By Harris Poll

More than two thirds of adults will make a financial New Year’s resolution for 2017, a sign that Americans remain focused on their financial health as much as their physical health.

Americans Reflect on Election and Impact on Personal Finances

By GfK Custom Research

New Poll Sheds Light on Financial Concerns under New Administration.

Millennial-Age Parents Suffering Severe Financial Strain

Millennial-Age Parents Suffering Severe Financial Strain

By NEFE/Harris Poll

A new survey conducted by the National Endowment for Financial Education (NEFE) and Parents Magazine reveals two in five (41 percent) of millennial-age parents rate their financial health unsatisfactory, while another 40 percent say financial strain is putting stress on their relationship with their spouse/partner.

New Guide Helps with Financial Consequences of Disaster

To help people mitigate potential damages and lessen the financial blow of a disaster, the National Endowment for Financial Education® (NEFE®) has partnered with the American Red Cross and the American Institute of Certified Public Accountants (AICPA) to produce a new guide.

Study Finds College Grads Confront Rocky Transition to Self-Sufficiency

Study Finds College Grads Confront Rocky Transition to Self-Sufficiency

The majority of young adults are struggling to achieve financial security in their transition from college to adulthood, according to the latest report from a longitudinal study co-sponsored by NEFE. Arizona Pathways to Life Success for University Students (APLUS), an investigation at the University of Arizona that follows young adults from their college years to the workforce, is discovering how this time of passage affects financial attitudes, behaviors and overall well-being.

Where Financial Education Has the Greatest Impact

Where Financial Education Has the Greatest Impact

By Harris Poll

According to a new survey from NEFE in partnership with Right About Money, 74 percent of Americans believe financial instruction in K-12 schools gets the best results in building financial well-being.

President's Financial Capability Council Completes Work, Issues Final Report

The President’s Advisory Council on Financial Capability for Young Americans published its final report to the President and Secretary of the Treasury on ways to build the financial knowledge and skills of the nation’s young people. The report includes recommendations for government, individual commitments to action, and best practices for improving financial capability.

U.S. Teens Average in Financial Capability

An international financial literacy assessment finds American teenagers struggle to demonstrate competitive financial knowledge on the world stage. Among 18 participating countries and economies, the U.S. ranks between 8th and 12th place in financial aptitude.

Financial Disconnect Among Seniors

A survey by the National Endowment for Financial Education finds that many adults say there are major barriers preventing their families from openly communicating about who will make financial decisions on behalf of an aging family member if they become unable to.

NEFE Digest

Inside, you'll find an archive of the NEFE Digest. These publications highlight NEFE's role in sponsoring research and innovative thinking in the field of personal finance.

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