Financial

Community education programs are a mainstay for financial organizations. Delivering K-12 outreach that makes a real impact will form lasting connections and improve the wealth and prosperity of your community and your organization. An effective strategy, though, takes more than providing a few money-saving tips to your customers. Inspiring students…

There is a genuine and justifiable fear that in the not-so-distant future, major industries will be struggling to find skilled workers. Think about your financial organization and what it takes to make it function properly. Are there enough potential employees continually interested in being a part of your team? And…

There are many ways that your financial organization can educate those in your community about smart money management, from volunteers in schools to educational print materials and online resources. With many of these methods however, it’s easy to track the cost of implementation but hard to track the return on…

Educating your customers about the basics of financial literacy is more important than ever before. Credit options abound, online shopping is the new norm and financial markets continue to deal with general instability. Encouraging your customers to prepare for their financial future can increase wealth and prosperity for both your…

From Tulip Mania in the Netherlands in the 1630s to fidget spinners in 21st-century USA, fads and economic bubbles throughout history have demonstrated the financial power of social norming. The science of social norming states that our behavior is influenced by misperceptions of how our peers think and act –…

When done well, bank-sponsored financial literacy programs fulfill a vital public mission and help refine the industry’s public reputation in the eyes of its stakeholders. Even so, financial institutions sometimes question the efficacy of such programs and can fail to optimize the funds they receive for the purpose of community…

As of 2017, only 17 states require high schoolers to take a class in personal finance, while 20 states require at least one high school economics class. It often falls to outside organizations to invest in K-12 financial literacy education, which can improve the national economy over the long-term and…