Nurturing Economic Empowerment Through Financial Education Across Maryland

The Maryland 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 Maryland.

Strengthening Maryland with Sustainable Economic Empowerment Programming

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

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

Maryland Financial Literacy

Interested to know what’s happening in the Old Line State aimed at increasing Maryland financial literacy? The Maryland Financial Educators Council℠ is directing a statewide effort to improve Maryland financial literacy levels by providing resources and information. The Maryland financial literacy initiative is committed to giving money management resources to organizations and individuals, increasing overall financial capabilities among Maine residents and communities.

Complimentary Financial Literacy Resources

Financial Education Framework and Standards

Personal Finance eLearning Center

Live Presentation Materials

Financial Literacy Testing

Maryland Financial Literacy Legislation & Educational Stats

CCD (The Common Core of Data at the U.S. DOE), which creates state education profiles, claims Maryland had 1,449 schools in the 2014-15 school year; 874,514 students; and 59,194 teachers. These numbers may be contrasted with the national state averages of 1,972 schools; 986,521 students; and 61,418 teachers. Maryland’s 14.77 pupil/teacher ratio rates better than the U.S. average (16.06).

As of 2015, Maryland’s legislature had introduced one bill (H.B. 248) related to personal finance education in schools. The proposed policy simply would require the Department of Education to develop financial literacy curriculum, each county board of education to implement said curriculum, and students to complete the course in order to graduate. This bill remains pending in the Maryland House of Representatives.

Maryland Financial Capability Stats

66%

Average Score of 66.61% 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 Maryland Financial Educators Council℠

The Maryland Financial Educators Council℠ is a body created in 2017 as part of a wider effort headed by the National Financial Educators Council® (NFEC®). These two organizations are conducting collaborative endeavors to set up viable community campaigns working toward common financial education ends.

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