Financial Literacy Education
Learn to make your money work for you
In NLEI's continuing efforts for the advancement of the Latino community, has partnered with leading financial institutions in developing a comprehensive Financial Literacy Initiative. The program provides comprehensive culturally grounded financial literacy education to participants in order to increase their money management skills, and help them make better financial choices and decisions for their families and their future. Aside from financial support, NLEI sponsors send experts to lead Financial Literacy sessions.
Other partners include (but are not limited to):
• Center for Economic Progress
• Office of Illinois Attorney General Lisa Madigan
• Office of Illinois State Treasurer Dan Rutherford
• The Tax Assistance Program
FFLS - Family Financial Literacy Series
FFLS workshops are free and open to the community as an opportunity to expand financial skills in order for participants to learn to make the best financial decisions affecting themselves and their families. Topics cover basic financial literacy concepts such as, opening and managing checking and savings accounts, understanding banking accounts, basic budgeting and understanding and using credit wisely. Emphasis is placed on familiarizing participants with issues such as money management, establishing and keeping a healthy credit history and choosing a financial institution according to individual needs.
FACE - Financial Awareness Community Education Program
FACE provides comprehensive financial literacy education to participants within our vocational education programs in order to increase their money management skills. FACE programs provide individuals with effective financial literacy training to develop financial consciousness in order help participants make the best possible decisions regarding their personal finances. Workshops are integrated into all vocational training and educational programs as part of the career development curriculum. Students in Bilingual Medical Assistant Training, Office Technology Training, Academic Skills Training, ESL, GED preparation, and skills enhancement courses are exposed to effective economic organization and planning as they prepare to enter the workforce.
LIFE - Latinos Investing in Financial Education
During FFLS sessions, employed individuals, both alumni and community members, have expressed an interest in learning about specific topics that pertain to them as established, working adults, including college financial assistance, asset building, retirement planning, investment information, credit scores/ratings, will and estate planning, homeownership, and entrepreneurship.
LIFE seeks to provide individual financial planning in more in-depth comprehensive sessions. While FFLS has proven to be useful to those just entering the workforce and gaining full-time employment, NLEI is reaching out to those who are already employed or who would like to start their own business in order to help develop long-term strategies for financial stability and growth.