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.
Financial institutions can be a trusted resource in helping their customers understand exactly where they stand financially. EVERFI Achieve’s new Debt Repayment Strategy Learner Pathway offers a structured approach to developing a customized debt repayment plan by calculating total debt balance, interest rates, and minimum monthly payments. This baseline information is crucial in selecting the most effective repayment method and mapping out a debt-free journey.
In our recent webinar, Empowering Clients with Personalized Financial Planning, a panel of EVERFI experts discussed the current state of savings for Americans and provided guidance for how financial institutions can leverage EVERFI’s financial capability tools to educate their customers.
Nearly 73% of Gen Z report that the economic climate makes it challenging to save, and more than half lack sufficient savings to cover three months of expenses. As a result, many are pursuing side hustles to supplement their primary income.
It's important for financial institutions to help their banking customers understand the value of building a savings account for emergency expenses.
Today, as more consumers view banking as a transactional relationship, banks and financial organizations are facing fierce competition to attract new customers and increase revenue from existing customers.
In 2025, financial services companies will face unique challenges when it comes to marketing The industry’s highly regulated environment, diverse range of...
In today’s rapidly evolving financial landscape, with increasing competition and the rise of digital banking, standing out from the crowd and fostering customer loyalty has never been more important.
We’re proud to partner with the MassMutual Foundation on a groundbreaking initiative that addresses the financial education gap in schools across the nation and in Puerto Rico. Together, we’re empowering students with the tools and knowledge they need to confidently navigate their financial futures through the innovative FutureSmart℠ program.
Despite its importance, the state of financial education in the United States has significant disparities in access and quality across states.
What Qualifies for CRA Credit Community Reinvestment Act (CRA) credit is awarded to financial institutions for qualified activities that contribute to the...
At Fortune’s Future of Finance 2024, moderator Diane Brady spoke with Tom Davidson, Founder of EVERFI from Blackbaud, David Nason, Chief Operating Officer at TIAA and President of TIAA Wealth Management, and Vanessa Okwuraiwe, Principal at Edward Jones about how the public and private sectors can work together to help prepare the next generation for lasting financial success.
Financial education is a pivotal skill for young people to develop, as it prepares them for the challenges and opportunities ahead in adulthood.
While many adults are stressed about finances, college students are dealing with an added layer of stress as they prepare to enter the workforce. The ripple effect of student financial stress extends beyond individual well-being, influencing the broader economy in several ways.