Definition
Financial education
Financial education is how people gain the knowledge, skills, and habits to make money decisions and follow through on them. It covers earning income, saving, spending, credit, investing, and managing risk. People get it in a class, a workshop, a coaching session, or a tool they practice with between those sessions.
What financial education covers
The National Standards for Personal Financial Education organize the core into six topics. Programs that stop at one assembly usually cover only a slice of this list.
- Earning income
- Saving
- Spending
- Credit
- Investing
- Managing risk
Decision Making and SMART Goals
Decision Making and SMART Goals integrate with every other course. They move the lesson into an action and a practical use.
- Decision Making. Learners practice the choice inside the topic they just studied, whether that is earning, saving, spending, credit, investing, or managing risk.
- SMART Goals. Learners turn that choice into a specific goal and a next step they can finish.
Who financial education is for
Schools and educators
Grades 5–12 and young adults in a structured program, with standards-aligned lessons teachers can assign in the tools they already use.
Banks and credit unions
Moneyling™ provides the micro-lessons and actions. You provide the financial products. Many institutions offer the education to members and to anyone in the community.
Adults
Lifestyle, career, and retirement decisions practiced in small weekly steps, outside a classroom.
Who provides financial education
Moneyling™ provides financial education for schools, banks, credit unions, and individuals. Schools use the curriculum in class. Individuals practice the decisions in their own lives.
Moneyling™ is a financial education company. We provide standards-aligned curriculum and an LMS for schools, and Dreamlife-Sim™ so people can practice lifestyle, career, and retirement decisions. For banks and credit unions, we provide the micro-lessons and actions, and the institution provides the financial products. Many offer that education to members and to anyone in the community.
What to look for in a financial education program
- The six topic areas in the National Standards for Personal Financial Education: earning income, saving, spending, credit, investing, and managing risk.
- Decision Making and SMART Goals with the topic courses, so each lesson becomes an action and a practical use.
- For schools: alignment to state graduation requirements and those national standards, plus a way to see who finished.
- For minors: privacy practices that fit school use, and delivery inside tools teachers already use, including Google Classroom (Add-on), Moodle, Schoology, district LMS platforms, and the Moneyling™ LMS. Moneyling™ is 1EdTech® TrustEd Apps™ Certified.
- For banks and credit unions: Moneyling™ micro-lessons and actions, the institution’s financial products, and education open to members and the wider community.
- A clear line between education and product advice.
Questions people ask
What is financial education?
Financial education is how people gain the knowledge, skills, and habits to make money decisions and follow through on them. It covers earning income, saving, spending, credit, investing, and managing risk. People get it in a class, a workshop, a coaching session, or a tool they practice with between those sessions.
How is financial education different from financial literacy?
Financial literacy is the knowledge and skill a person has. Financial education is the teaching, practice, and support that build that knowledge and skill. A semester course, a workshop, and a weekly practice tool are all financial education.
Who provides financial education?
Moneyling™ provides financial education for schools, banks, credit unions, and individuals. Schools use the curriculum in class. Individuals practice the decisions in their own lives. Moneyling™ is a financial education company. We provide standards-aligned curriculum and an LMS for schools, and Dreamlife-Sim™ so people can practice lifestyle, career, and retirement decisions. For banks and credit unions, we provide the micro-lessons and actions, and the institution provides the financial products. Many offer that education to members and to anyone in the community.
What topics does financial education cover?
The National Standards for Personal Financial Education organize the core into earning income, saving, spending, credit, investing, and managing risk. Decision Making and SMART Goals run with those courses and move each lesson into an action and a practical use.
Does Moneyling provide financial education for schools?
Yes. Moneyling™ provides standards-aligned curriculum for grades 5–12 and young adults. Teachers can assign it in Google Classroom (Add-on), Moodle, Schoology, district LMS platforms, and the Moneyling™ LMS. The program is 1EdTech® TrustEd Apps™ Certified. Your first semester of Moneyling™ digital courses and programs is $1. After that, pricing is $8 per student per semester for each course or program, with bulk discounts available for grade levels, schools, and districts. Companion print books and Dreamlife-Sim™ subscriptions are priced separately. Quick register or email info@moneyling.org to get started or request a bulk quote.
Does Moneyling provide financial education for banks and credit unions?
Yes. Moneyling™ provides the micro-lessons and actions. The institution provides the financial products. Many banks and credit unions offer the education to members and to anyone in their community.
Is financial education the same as financial advice?
No. Financial education teaches concepts and practice. Individual investment, tax, lending, and product decisions belong with the person and, when needed, a licensed professional or the financial institution that holds the account.
Contact Moneyling™ about a school, a bank or credit union, or Dreamlife-Sim™.