Nurturing Economic Empowerment Through Financial Education Across Rhode Island

The Rhode Island 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 Rhode Island.

Strengthening Rhode Island with Sustainable Economic Empowerment Programming

The mission of the Rhode Island 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 Rhode Island-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 Rhode Island 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 Rhode Island – 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 Rhode Island Make this Possible

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

Rhode Island Financial Literacy

If you’re interested to know more about recent efforts to improve Rhode Island financial literacy, you should contact the Rhode Island Financial Educators Council℠. This organization partners with a larger national effort to give organizations and individuals access to financial education resources. The overarching goal is to increase Rhode Island financial literacy by building personal finance capability among citizens across the Ocean State. Improving Rhode Island financial literacy at the individual level is good for both Rhode Island communities and the nation’s economy.

Complimentary Financial Literacy Resources

Financial Education Framework and Standards

Personal Finance eLearning Center

Live Presentation Materials

Financial Literacy Testing

Rhode Island Financial Literacy Legislation & Educational Stats

Tiny Rhode Island, the smallest state in the U.S., has just 307 total schools, 141,959 total students, and 9,471 total teachers (compared to 1,972; 986,521; and 61,418 national averages, respectively). The Common Core of Data, a U.S. DOE program, places Rhode Island’s student/teacher ratio at 14.99 (16.06 average).

Rhode Island’s legislative bodies adopted a resolution in 2015 designating April as Financial Literacy Month. Legislators also considered three other bills related to financial literacy – one of which, H.B. 5894, would require the Department of Elementary and Secondary Education to develop curricular material on financial literacy. The curriculum would have to cover topics including “how money works in the world; how someone earns it; how that person manages it; how he/she invests it; and how that person donates it to help others” (National Conference of State Legislatures, 2015).

Rhode Island Financial Capability Stats

73%

Average Score of 73.91% to Date

69%

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 Rhode Island Financial Educators Council℠

The Rhode Island Financial Educators Council℠ came into being in 2017 in partnership with the National Financial Educators Council® (NFEC®). The NFEC® and Rhode Island Financial Educators Council℠ collaborate to address shared financial education goals by building community campaigns that work.

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