Nurturing Economic Empowerment Through Financial Education Across Kentucky

The Kentucky 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 Kentucky.

Strengthening Kentucky with Sustainable Economic Empowerment Programming

The mission of the Kentucky 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:

Pillar 1: Increase Access & Develop Sustainable Financial Education Programming.

Organizations – We provide resources, training, personnel, and support to build scalable financial wellness programming.

Individuals & Families – Resources and courses are provided for those seeking to improve their own finances and/or teach their kids about money.

Pillar 2: Raise Awareness for Economic Empowerment through Financial Education.

Advocacy Promotion Campaigns – We promote the adoption of financial literacy into schools, getting families involved in teaching kids about money, and encouraging individuals to improve their knowledge.

Local Financial Education Data – Conducting and curating Kentucky-specific personal finance research to share with stakeholders across the education and media sectors.

Pillar 3: Develop Relationships to Deploy and Sustain Community Financial Wellness.

Combat Financial Illiteracy – This is a crucial moment for our country and its citizens. And financial literacy is the key to addressing one of this country’s top crises.

Grassroots Movement – Join us in the movement to help our community work toward greater financial independence and security. We welcome everyone. Here are a few ways you can join.

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 Kentucky 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 Kentucky – 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.

NFEC Financial Literacy Standard Alignment Verified

Our Local Champions Across Kentucky Make this Possible

Local champions ensure that financial education programming, resources and data are provided complimentary to individuals and organizations throughout Kentucky.

Kentucky Financial Literacy

The Bluegrass State has launched the Kentucky financial literacy drive, a movement dedicated to helping individuals and organizations by giving them information and resources. These resources and materials are related to increasing people’s overall financial capabilities, the stated mission of the Kentucky financial literacy initiative. Headed by the Kentucky Financial Educators Council℠, this Kentucky financial literacy effort seeks to improve personal finance skills and strengthen community bonds across the state.

Complimentary Financial Literacy Resources

Financial Education Framework and Standards

Personal Finance eLearning Center

Live Presentation Materials

Financial Literacy Testing

Kentucky Financial Literacy Legislation & Educational Stats

A program of the U.S. DOE’s National Center for Education Statistics, the Common Core of Data (CCD), compiles state education profiles. They show Kentucky as having 1,579 total schools in 2014-2015, versus the national average of 1,972. The CCD reports that total students in the Bluegrass State is 688,640 (986,521 U.S. average), total teachers is 41,585 (61,418 U.S. average), and the student-to-teacher ratio is 16.56 (16.06 U.S. average).

In its 2015 session, the Kentucky legislature introduced House Bill No. 2232, a policy mandating that all accredited schools in the state would give a course of instruction in the 11th and 12th grades “concerning personal financial literacy” (cited from the National Conference of State Legislatures, 2015). The curriculum would be designed to “…equip students with the knowledge and skills needed to become self-supporting and to enable students to make critical decisions regarding personal finances.”

Kentucky Financial Capability Stats

68%

Average Score of 67.73% to Date

56%

Percentage of Passing [70%] Scores to Date

0
Participants

National Financial Capability Stats

64%

Average Score of 64.26% to Date

49%

Percentage of Passing [70%] Scores to Date

0
Participants

About the Kentucky Financial Educators Council℠

The Kentucky Financial Educators Council℠ in partnership with the National Financial Educators Council® (NFEC®), is a financial education initiative founded in 2017. The two organizations are working hand-in-hand to develop community programs making progress toward accomplishing common financial education objectives.

National Financial Educators Council, State Financial Literacy Standards
National Financial Educators Council, State Chapters