PFES offers professional development workshops for teachers and learning opportunities for college students and adults on topics related to personal finance. We suggest educational resources and provide information on new initiatives in personal finance education through this PFES website.

We build our educational programs on the following content areas of personal finance that are identified in the 2007 National Standards in Personal Finance Education, a publication of the national Coalition for Personal Financial Literacy in Washington, D.C.:

  • Financial Responsibility and Decision Making
  • Income and Careers
  • Money Management
  • Credit and Debt
  • Risk Management and Insurance
  • Saving and Investing.

We correlate PFES services with state and national educational standards in business education, mathematics, family and consumer science, and social studies/economics.

Why Personal Finance is Important

The increasingly complex financial marketplace requires that young people and adults be better educated if they are to take responsibility for their financial well-being and make informed financial decisions.

  • The 2006 Jump$tart Survey of Personal Financial Literacy Among High School Students revealed that only 14 percent feel that stocks are likely to have higher average returns than savings bonds and savings accounts over an 18 year period.
  • University administrators report that they lose more students to credit card debt than to academic failure.
  • Studies show that 76% of parents of high school students believe that schools should be required to teach money management skills.