Each person’s financial journey is unique. Yet, many financial education programs fail to recognize these differences. By tailoring learning pathways, we can reimagine financial education, ensuring learners receive the most relevant and impactful content for their financial situations.
For financial institutions, engaging this tech-savvy and socially conscious generation requires innovative, thoughtful, and out-of-the-box strategies.
In an era where Gen Z's purchasing power is set to skyrocket to $12 trillion by 2030, businesses must adapt to meet the unique needs and values of this influential demographic. To win their loyalty, companies must go beyond traditional marketing tactics and invest in creating meaningful, authentic brand experiences.
As the world becomes increasingly digital and interconnected, financial institutions face the challenge of engaging with an emerging generation of customers: Gen Z.
As financial products and services become increasingly intricate, the need for consumers of all ages to be well-informed and capable of making sound financial decisions grows exponentially.
By leveraging customer engagement and learning strategies that incorporate goal-setting principles, we’re able to meet the learner where they are and help them directly with the financial goals they are trying to achieve.
With 26 states having mandates requiring financial education for students prior to graduation, the only constant is that no two states approach this the same.
By prioritizing tools that demonstrate personal impact, organizations can achieve more effective and lasting results in financial education.
Financial institutions are uniquely positioned to mitigate common financial mistakes. By addressing these issues directly with customers, banks and credit unions can improve financial literacy.
By offering relevant, engaging, and accessible financial literacy resources to K-12 students, adults, and communities at large, financial institutions can not only enhance brand awareness but also strengthen their role as leaders in creating a financially literate society and future workforce.
Economics, while often perceived as a complex and intimidating subject, holds immense practical value for individuals and society alike. Introducing economics education at the high school level is pivotal in equipping Gen Z with the necessary tools to navigate the complexities of the modern world.
With more consumers viewing banking as a transactional relationship, banks and credit unions are facing fierce competition to attract new customers, expand revenue from existing customers, and increase brand loyalty.
For the private sector, the NSFI presents a clear opportunity to address the financial literacy gap while strengthening their communities and customer base.
Financial literacy is more than a buzzword, it’s a crucial life skill that shapes future financial well-being and independence. This belief formed the heart of the recent EVERFI webinar, Reframing the Flame: Critical Financial Education, led by Alyssa Lyons, Senior Manager of Social Media, and Jacquie Moen, Head of K-12 Product Management.