ICFE eNEWS #08-06 - May 2nd 2008
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National Financial Literacy Challenge: Attn: ALL Financial Educators

San Diego, CA - If you are a financial educator, a school teacher, a credit or debt counselor or you know someone who is; Attention this important announcement about the National Financial Literacy Challenge is for you and also to send to someone you know. Please pass it on. The greater the participation the more reliable the outcome. Tell folks you heard about if from the ICFE.
 

The newly formed President's Advisory Council on Financial Literacy has recommended that the U.S. Department of the Treasury challenge U.S. students to learn more about personal finance. Beginning April 28, 2008, high school teachers can register their classes to participate in the 2008 National Financial Literacy Challenge. The Challenge is a voluntary, 35-question test that students can take to earn recognition of their financial knowledge. It will be offered online until May 16, 2008 and there is no fee to participate.

Please refer to the information found at the links below for more information about this exciting initiative.
Information about the National Financial Literacy Challenge Including how to Participate (pdf: 1.5MB)
Schwab Foundation Scholarships (pdf: 74kB)

The Challenge was developed by the U.S. Department of the Treasury in consultation with economists and The Jump$tart Coalition for Personal Financial Literacy, Junior Achievement USA, the National Council on Economic Education, and the National Endowment for Financial Education.

Register today at FLC.treas.gov/teacher. For more information or if you have any questions, please contact the Treasury Department at FLC@do.treas.gov.

About the ICFE:

About the ICFE:

The Institute of Consumer Financial Education (ICFE), founded in 1982 by the late Loren Dunton (creator of the “certified financial planner” (CFP) designation) and it is dedicated to helping consumers of all ages to improve their spending, increase savings and use credit more wisely. The ICFE trains and certifies Personal Finance Instructors for its own curriculum. It also trains and certifies Credit Report Reviewers and Identity Theft Prevention Specialists.

The ICFE is an award winning, nonprofit, consumer education organization that has helped millions of people through its education programs and resources. It publishes the Do-It-Yourself Credit File correction Guide, now in its 16th printing and has distributed over one million “Credit/Debit Card Warning Labels” and “Credit/Debit Card Sleeves” world wide.

The ICFE became an official partner with the Department of Defense/Financial Readiness Campaign in June of 2004.

The ICFE is also a partner in the national Jump$tart Coalition for Financial Literacy and the California Jump$tart chapter. The ICFE staff is also active with San Diego Saves, an offshoot of America Saves, and the California Student Debt Resource Awareness Project (CASDRAP) (studentdebthelp.org).

The ICFE’s on-line help for consumers who spend too much was featured in PARADE Magazine in the Intelligence Report section. The money helps and tips are from “The Money Instruction Book,” a course in personal finance, positioned to become among the premier programs in the new bankruptcy and debtor education initiatives.

The ICFE Web site at: http://www.icfe.info helps consumers with mending spending, learning about the proper use of credit, budget and expense guidelines, how to set up and implement a spending-plan and also how to access financial education courses and videos and how to teach children about money. Other ICFE services include a free eNewsletter, and an online resource center of financial education learning tools, including videos, books, software and personal finance courses.
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Note: The Institute of Consumer Financial Education does not make names available to third parties
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