Best Practices
- Integrate financial literacy education into what you’re already doing. Using the natural touch points you have with your clients, you can design teaching opportunities that feel smooth and natural within the work you’re already doing.
- Use creative wording. Choose the right words to make lessons more effective. Creative wordplay, like turning budgets into spending plans or emergency or retirement funds into relaxation funds, can make learning about money less intimidating.
- Make the lesson relevant. If money management lessons feel personal and relevant, then the message truly sticks. Discuss topics that matter most to your audience and use examples they can connect with.
- Customize your message. The basics of good money management remain constant. Even though the message doesn’t change, altering your delivery can change the way the it’s received.
For younger students, a lecture based approach may work because that’s what they’re used to in school. Or, incorporate games and activities for more interaction. A participation based, goal-driven approach may work better for adults.
