Who We Are
The National Endowment for Financial Education (NEFE) believes financial education is a powerful force for positive change—a principle that has driven their work for more than 30 years. NEFE focuses on high-quality financial education through robust research, decision-making tools and reliable interventions.
NEFE is committed to leading and encouraging collective impact to improve financial capability. They do this at:
- The organizational level. NEFE’s programs and initiatives serve a unified purpose to meet educational needs through every stage of life.
- The financial capability field level. They break new ground in thought leadership, research and programs, and learn from others who are similarly pioneering new ideas and evaluating results.
- The financial well-being model level. NEFE ensures that their education programs incorporate the Five Key Factors for Effective Financial Education and encourage other financial education programs to include these factors.
Jump$tart Clearinghouse Links
- 40 Money Management Tips Every College Freshman Should Know
- NEFE Financial Education Evaluation Online Toolkit
- NEFE High School Financial Planning Program® (HSFPP)
- Your Spending, Your Savings, Your Future: A Beginner’s Guide to Financial Readiness
- The Effects of K-12 Financial Education Mandates on Student Postsecondary Education Outcomes
- Smart About Money
A NEFE survey conducted in wake of the COVID-19 pandemic revealed that nine in 10 Americans are experiencing financial stress.
More than half (54 percent) of Americans noted that among the top five concerns causing the most financial stress were:
Not having enough saved (41 percent for emergency savings, 23 percent for retirement)
Being able to pay bills (28 percent for both housing payments and utilities, 19 percent for health care bills)
The NEFE survey found that 39 percent of employed Americans said that the stress over job security was among their top financial concerns. The survey was conducted online by The Harris Poll, on behalf of NEFE, from April 7-9, 2020, among more than 2,000 U.S. adults.
While concern about money has been clear during this health crisis, a majority (75 percent) of Americans say they have taken steps to adjust their personal finances due to the COVID-19 outbreak. Over two in five (42 percent) note they have cut monthly expenses, 26 percent are putting off major financial decisions, and 22 percent have increased contributions toward savings.
For more on the survey:
Connect With NEFE
- Follow @NEFE_ORG for the latest tweets from NEFE
- Follow NEFE’s LinkedIn page
- Subscribe to our newsletters for more information: CashCourse and HSFPP
- Like our NEFE Facebook page
With serious concerns about money during the #COVID19 pandemic, a @NEFE_ORG survey finds 75% of Americans say they have taken steps to adjust their personal finances https://bit.ly/3eHD8kl
Managing Director, Media and Communications