How Can We Better Align Financial Education to Support the Values and Contexts of Diverse Communities?

This episode reflected on the importance of placing a diversity, equity and inclusion lens on financial education. Dr. Billy Hensley provides introductory and closing remarks, and host Raven Newberry interviews Anne Price, the policy convening’s moderator, on the need for the field to re-examine how financial markers, history and generating wealth are taught to ensure accuracy and foresightedness.  

 

Participants / Guests:

• Introduction/Conclusion: Billy Hensley, president and CEO, NEFE
• Host: Raven Newberry, director of Policy and Advocacy, NEFE
• Special Guest: Anne Price, president, Insight Center for Community Economic Development

 

Topics:

• The benchmarks and language used or misused when teaching financial education.
• The role parents, culture and community can – and should – play.
• The false narrative of “one-size-fits-all” regarding financial education.
• The concept of “mental models” and the relationship between assumptions and behaviors.

 

Additional Resources:

• Policy Convening Summary

 

Disclaimer:  Focus on  FinEd: The  Policy  Convenings is produced  by the National Endowment for Financial Education, a 501(c)(3) nonprofit that is the independent, centralizing  voice providing leadership, research  and collaboration to advance financial education and financial well-being.  

The opinions and statements made on this Podcast are those of the Podcast participants and do not necessarily reflect the views of NEFE or constitute statements supported by NEFE.  

For more information, visit www.nefe.org