October 6, 2020 Financial Literacy and Education Commission (FLEC) - - PowerPoint PPT Presentation

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Dec 05, 2022 226 likes •270 views

Financial Literacy and Education Commission Public Meeting October 6, 2020 Financial Literacy and Education Commission (FLEC) National Strategy for Financial Literacy 2020

SLIDE 1

Financial Literacy and Education Commission Public Meeting October 6, 2020

SLIDE 2

Financial Literacy and Education Commission (FLEC) National Strategy for Financial Literacy 2020

https://home.treasury.gov/system/files/136/US-National-Strategy-Financial-Literacy-2020.pdf

SLIDE 3

Best Practices for Financial Education

know the individuals and families to be served
provide actionable, relevant, and timely information
improve key financial skills
build on motivation
make it easy to make good decisions and follow through
raise standards for financial educators
provide ongoing support, such as one-on-one financial counseling
evaluate for impact

SLIDE 4

FLEC Priority Working Groups

(Working Group Lead)

basic financial capability (CFPB)
housing counseling (HUD)
retirement saving and investor education (DOL)
postsecondary education (ED)
military (DOD)