Education

Developing education tools and programs based on research is a priority for GFLEC. In order to be most effective, education tools and programs need to incorporate research findings about financial literacy, financial capability, and financial education.

 

MANAGING PERSONAL FINANCES DURING CORONAVIRUS (COVID-19)

As we are all experiencing firsthand, the spread of COVID-19 has changed the global landscape, affecting our financial, professional, and social environments. The sudden disruptions caused by this public health crisis are presenting economic challenges with growing repercussions. While some factors affecting financial well-being are beyond individual control, financial knowledge can help people better manage their finances through times of hardship and times of prosperity. On this page, GFLEC offers suggestions and resources to manage our personal finances and buffer ourselves against the financial emergency caused by COVID-19.

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Fast Lane

Developed by experts at GFLEC with support from PwC US, Fast Lane provides research-based guidance and support for students, teachers, school administrators, parents/guardians, policy makers, and community members who are committed to giving students the knowledge and skills they need before they make financial decisions that can profoundly impact their future well-being.

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Personal Finance Course

GFLEC has developed materials for a new personal finance course at an institution of higher education, with the support of the Calvin K. Kazanjian Economics Foundation. All the materials an educator needs to implement the Personal Finance course are provided at the below link.

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Campus Life 101: Personal Finance

Director Lusardi provided GW Today with helpful tips students can follow to achieve a sound financial future.

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Girl Rising FinLit Curriculum by GFLEC

GFLEC and Girl Rising partnered to create financial education lesson plans for K-12 students that correspond with the documentary, Girl Rising. Together, the financial literacy lessons aim to teach students about the many ways in which education and finances are related.

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Financial Literacy Micro-Credentials

GFLEC teamed up with Digital Promise to create a set of twenty personal finance micro-credentials. Our micro-credentials can be displayed as digital badges by 7th-12th grade educators to show competency in specific personal financial topics. Learn more about our micro-credentials and see the full list here.

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The Big Three

Test your financial knowledge here. Professor Annamaria Lusardi and Professor Olivia S. Mitchell of the Wharton School developed three questions that indicate one’s financial literacy. They have been used worldwide, including in the U.S. National Financial Capability Study.

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The Federal Reserve and the Financial Crisis

Dr. Ben Bernanke served as the Chairman of the Board of Governors of the Federal Reserve from 2006 to 2014. Between March 22 and March 29, 2012, Dr. Bernanke gave a series of four lectures in Washington, D.C. regarding the origin and the role of the Federal Reserve Board.

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Educational Videos

Learn about five fundamental concepts behind financial planning.

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Thinking Money: The Psychology Behind Our Best and Worst Financial Decisions

This documentary reveals our natural behavior biases—and provides innovative solutions to get us on the path to financial security.

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Free Resources

You can find free financial education resources at the link below.

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