Can Assessment Improve How Personal Finance Is Taught?

This research finds the delivery of personal finance education varies. Often national and local providers carry out this education by using providers ranging from salespeople to not-for-profits. Each entity brings its own motivation and objective. As a result, the delivery model for financial education varies and lacks coordination leading it to be ineffective and inefficient. By understanding the motivators and goals of both providers and learners this study recommends a collaboration of efforts. This collaboration encourages national providers to focus less on curriculum development and more on improving the educational practices. Local providers are then able to provide education based on client needs. At the national and local level providers should engage in more assessment. This research contributes to current literature by reinforcing that planning and coordination of personal finance curriculum is important. It finds the need to value and respect each stakeholder is key to long-term success. It also encourages all parties to improve their efforts by managing change