Upload
cherie
View
26
Download
1
Embed Size (px)
DESCRIPTION
Financial Literacy Training for Secondary Teachers. National Institute for Financial and Economic Literacy (NIFEL) William E. Wilcox, MCE President, CBM Credit Education Foundation . October 21, 2013. What is NIFEL?. NIFEL IS:. 3 distinct sessions - PowerPoint PPT Presentation
Citation preview
Financial Literacy Trainingfor Secondary Teachers
National Institute for
Financial and Economic Literacy (NIFEL)
William E. Wilcox, MCEPresident, CBM Credit Education Foundation
October 21, 2013
What is NIFEL?
NIFEL IS:3 distinct sessions
Each session includes a pre-test and post-test
Work in groups on projects and make presentations
Homework, computer lab, reading and quizzes
Most importantly course instruction is by “Industry Presenters”
HISTORYAs of August 2013
800+ Educators trained600+ Wisconsin high school teachers trained
2012-13 SCHOOL YEAR
459 NIFEL-trained Wisconsin teachers X 79 students
=36,261 students engaged in financial literacy
TOPICS
MONEY & CREDIT
• Types of Credit (costs, fees, terms, etc.)• Credit Reports & Credit Scores• Collection Issues – Debt Repayment• Money Management – Wise Use of Credit• Money, Inflation, Monetary Policy• Programs – LifeSmarts, MoneySkill, Fool Proof
TOPICS
INSURANCE & INVESTING
• Types of Investing (Stocks, Bonds, Mutual Funds, Etc.)• Investor Education & Protection• Investment Planning (Risk vs. Reward)• Personal Risk Management• Types of Insurance (Life, Health, Home, Auto, Etc.)• Tips on Buying Insurance
TOPICS
PAYCHECKS, FINANCIAL CONTRACTS & ENTREPRENEURSHIP
• Taxes, Social Security, Employee Benefits• Home Buying Process (Mortgage Contracts, Etc.)• Automobile Purchasing (Lease vs. Finance)• Cell Phone & Rental Contracts• Role of Entrepreneurship Throughout History• Panel of Entrepreneurs & Field Trip
COST TO ATTEND in 2013
Registration Fee $300…..includes room, board and all materials (per session)
3 Graduate Credits $450…..granted by Edgewood College (per session)
Many attendees’ registration fees have been covered by local credit unions or school districts…some credit unions have covered the entire $750 cost
Additional InformationRegistration
www.edgewood.edu/NIFEL