top of page
Bookmarks-rafiki.png

whyfinly

With Finly's courses students understand the what and the how

LEARN MORE

HERE'S WHAT WE KNOW

THERE IS A PROBLEM - A LACK OF FINANCIAL CAPABILITY 

HERE'S WHAT WE KNOW

THERE IS A PROBLEM

A LACK OF FINANCIAL CAPABILITY 

IT IS CAUSED BY

LACK OF KNOWLEGE

In the U.S., 34% of individuals can correctly answer the questions on a basic five question literacy test. 

Read More >
confidence.png
Overconfidence

64% of ALL adults think they have high financial knowledge. Yet, only 24% answer all questions correctly on a basic financial literacy test. 

Read More >
Stress.png
stress

63% of millennials feel anxious and 55% feel stressed when discussing their current financial situation

Read More >
doubt.png
poor habits and decisions

Current millennial behavior trends show only 49% make just the minimum payment on their credit card, 24% took out a payday loan, 28% took a loan from their retirement account. 

Read More >

We also know financial knowledge and skills are rarely nurtured at school or home

school.png

At school - only 17% of high school students who graduate in 2021 will have taken a financial literacy course to meet their requirements. 

house.png

At home - 50% of parents agree with the statement, they don’t know the best ways to discuss financial topics with their kids (T Rowe Price) and, 71% of adults learned about savings from parents, but only one-third of today’s parents say they talk about money with their children regularly (Wells Fargo, 2020).

There is a way to solve it

Stacks of Coins

FINANCIAL EDUCATION IS IMPORTANT, VERY IMPORTANT

Register .png

Teens and young adults cannot get better with money management if they don't understanding the basics.  But, a major missing piece of many financial education programs is not the what but the how.

For example, one may know compound interest leads to greater wealth over time. But, how does someone actually make saving money a habit? 

HERE'S how to BE MONEY SMART

hand-with-growing-plant.png
start early

Extensive research from the Consumer Financial Protection Bureau demonstrates that between the ages of 13 and 21 youth: 

-  Solidify financial knowledge and decision-making skills and 

-  Formulate their habits and norms about money

Read More >
use best practices

These are defined by the National Endowment for Financial Education and include. 

- Well-trained educator 

- Vetted program materials 

- Timely instruction 

- Relevant subject matter 

- Evidence of impact 

Read More >
put skills into practice

Students learn best by doing not by clicking through self-paced lessons, or listening to one-way videos.

Read More >
Learning.png
build with real life experiences

Students learn best by doing not by clicking through self-paced lessons, or listening to one-way videos.

Read More >

Finly is built on the understanding that students learn best when they are engaged. And, students are engaged when the work is meaningful to them and helps them accomplish their goals.

bottom of page