Nurturing Economic Empowerment Through Financial Education Across Vermont

The Vermont 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 Vermont.

Strengthening Vermont with Sustainable Economic Empowerment Programming

The mission of the Vermont 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 Vermont-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 Vermont 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 Vermont – 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 Vermont Make this Possible

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

Vermont Financial Literacy

Vermont financial literacy outcomes are looking brighter across the Green Mountain State under the leadership of the Vermont Financial Educators Council℠. This organization was developed as part of a national effort to give organizations and individuals access to personal finance information and resources, raising Vermont financial literacy in the process. The Vermont financial literacy leadership team is working to increase citizens’ financial capabilities and thereby strengthen its community base.

Complimentary Financial Literacy Resources

Financial Education Framework and Standards

Personal Finance eLearning Center

Live Presentation Materials

Financial Literacy Testing

Vermont Financial Literacy Legislation & Educational Stats

The National Center for Education Statistics at the U.S. Department of Education summarizes statewide educational statistics biannually as part of its Common Core of Data (CCD). According to the CCD, Vermont had 316 total schools, 87,311 students, and 8,275 teachers statewide in 2014-2015. That compares to national averages of 1,972 schools, 986,521 students, and 61,418 teachers. Vermont’s student/teacher ratio is extremely favorable: 10.55 compared to 16.06 national average.

Five separate policies were considered by the Vermont Legislature in 2015, two of which were enacted – for example, Act 55 which established the Vermont Financial Literacy Commission to “measurably improve the financial literacy and financial capability of Vermont’s citizens” (National Conference of State Legislatures, 2015). In addition, Act 45 directed an infrastructure of financial education supporters to encourage financial literacy among college students and their families.

Vermont Financial Capability Stats

56%

Average Score of 55.67% to Date

26%

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 Vermont Financial Educators Council℠

The Vermont Financial Educators Council℠ formed in 2017 as part of a comprehensive nationwide initiative sponsored by the National Financial Educators Council® (NFEC®). The collective efforts of the two organizations combine to accomplish mutual financial literacy goals by building community campaigns that work.

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