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The Criteria of Success
for Financial Literacy
High-level conference on global and
European trends in financial
education
...
The Criteria of Success for
Financial Literacy
 Learning outcomes for financial
literacy education programs
 Evaluation ...
We have developed learning outcomes
for a resource aimed at 15-18-year-olds
buildingfuturesinmanitoba.com/resources/
We have developed learning outcomes
for two other courses aimed at adults
Post-workshop survey revealed
improved consumer financial literacy
 Keeping on track with budget:
Post 73% vs 57% before...
2009 Canadian Financial Capability Survey
measured five domains
 Making ends meet
 Keeping track
 Planning ahead
 Choo...
Survey results showed both strengths
and weaknesses
 25% of Canadians showed no difficulty in
any of the 5 domains.
 20%...
New online tools and resources
for self-assessment
In 2014 we will launch:
 A “one-stop-shop” financial education
databas...
Canada’s path forward
 Core competencies a work in progress
 Performance indicators to be developed for
National Strategy
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Jane Rooney - 2014 Conference on Global and European Trends in Financial Education in Istanbul

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This presentation by Jane Rooney was made during session 4 at the High-level Conference on Global and European Trends in Financial Education held on 22-23 May 2014 in Istanbul, which explored the role(s) of the private and not-for-profit sectors in financial education, financial literacy and innovation for young people and financial education for migrant workers and their families. Find out more at http://www.oecd.org/daf/fin/financial-education/2014-conference-global-european-trends-financial-education.htm

Published in: Economy & Finance, Business
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Transcript of "Jane Rooney - 2014 Conference on Global and European Trends in Financial Education in Istanbul"

  1. 1. The Criteria of Success for Financial Literacy High-level conference on global and European trends in financial education 22-23 May 2014 - Istanbul, Turkey
  2. 2. The Criteria of Success for Financial Literacy  Learning outcomes for financial literacy education programs  Evaluation of survey results  Access to self-assessment and learning materials
  3. 3. We have developed learning outcomes for a resource aimed at 15-18-year-olds
  4. 4. buildingfuturesinmanitoba.com/resources/
  5. 5. We have developed learning outcomes for two other courses aimed at adults
  6. 6. Post-workshop survey revealed improved consumer financial literacy  Keeping on track with budget: Post 73% vs 57% before workshop  Levels of financial knowledge  Behaviour (e.g. purchasing tenant’s insurance)
  7. 7. 2009 Canadian Financial Capability Survey measured five domains  Making ends meet  Keeping track  Planning ahead  Choosing products  Staying informed
  8. 8. Survey results showed both strengths and weaknesses  25% of Canadians showed no difficulty in any of the 5 domains.  20% of Canadians had difficulty in three domains: Keeping Track, Planning Ahead, and Staying Informed.  Another 20% weak in these areas plus at least one more domain.  Seniors scored lower than younger adults on 4 of 5 domains.
  9. 9. New online tools and resources for self-assessment In 2014 we will launch:  A “one-stop-shop” financial education database to access government, non- profit and private resources; and  A self-assessment tool that individuals can use to gauge financial literacy levels
  10. 10. Canada’s path forward  Core competencies a work in progress  Performance indicators to be developed for National Strategy
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