Nurturing Economic Empowerment Through Financial Education Across New Jersey
The New Jersey Financial Educators Council’s mission is rooted in providing people with the knowledge and guidance they need to foster greater financial well-being.
To this end, we provide complimentary resources, advocacy campaigns, and local personal support to build scalable financial wellness initiatives throughout New Jersey.
Strengthening New Jersey with Sustainable Economic Empowerment Programming
The mission of the New Jersey Financial Educators Council℠ is to build sustainable, scalable economic empowerment programs that have a real impact on people’s lives at the community level. To accomplishing this mission, we focus on these 3 Pillars:
Join The Movement
Beneficiaries
Receivers of resources & support.
Supporters
Promote the campaign across the community.
Join Advisory Board
Community leaders of local & state chapters.
Why We Are Uniquely Positioned to Serve
The New Jersey Financial Educators Council℠ is a state chapter of the National Financial Educators Council®. The National Chapter is well-qualified to support our initiatives here across the state of New Jersey – they bring:
Accreditation
As an IACET Accredited Provider, the NFEC offers IACET CEUs for its learning events that comply with the ANSI/IACET Continuing Education and Training Standard.
Social Impact
As a Certified B Corporation, the NFEC meets the highest standards for socially responsible commerce, using the power of business to build more sustainable economies.
Standards
The NFEC set industry standards for the financial education and financial coaching industry.
Our Local Champions Across New Jersey Make this Possible
Local champions ensure that financial education programming, resources and data are provided complimentary to individuals and organizations throughout New Jersey.
New Jersey Financial Literacy
Lack of money knowledge has many negative repercussions. So what is the Garden State doing about it? Recently in New Jersey, financial literacy has received an important boost as the New Jersey Financial Educators Council℠ is taking steps to offer resources and tools to improve New Jersey financial literacy levels. This drive is part of a nationwide effort, giving organizations and individuals access to crucial resources to build New Jersey financial literacy among citizens and communities.
Complimentary Financial Literacy Resources
Financial Education Framework and Standards
Personal Finance eLearning Center
Live Presentation Materials
Financial Literacy Testing
New Jersey Financial Literacy Legislation & Educational Stats
Comparing New Jersey to the national average for the U.S., the Common Core of Data (a program of the National Center for Education Statistics at the Department of Education) says that, in 2014-2015, New Jersey had far more total teachers, schools, and students than the average state. The Garden State had more than 115,000 teachers (61,418 average); 2,591 schools (1,972 average); and 1.4 million students (986,521 average). New Jersey’s pupil/teacher ratio is extremely favorable at 12.17 (16.06 average).
Financial literacy legislation in New Jersey as of 2015 includes two bills enacted by the state Senate and General Assembly which require “students enrolled in public institutions of higher education to complete course on financial literacy” (National Conference of State Legislatures, 2015).
New Jersey Financial Capability Stats
Average Score of 62.47% to Date
Percentage of Passing [70%] Scores to Date
National Financial Capability Stats
Average Score of 64.26% to Date
Percentage of Passing [70%] Scores to Date
About the New Jersey Financial Educators Council℠
The New Jersey Financial Educators Council℠ is a key financial literacy initiative which began in 2017. This effort to build community campaigns working to achieve shared financial education goals is one facet of a more wide-ranging drive led by the National Financial Educators Council® (NFEC®).
National Financial Educators Council, State Chapters