Youth Initiatives

What does the NEFE^® High School Financial Planning Program^® teach?

The NEFE High School Financial Planning Program includes the following units:

Unit 1--Your Financial Plan: Where It All Begins
Students learn the effect of values on needs and wants, the purpose of written and meaningful goals, and the steps in implementing a financial plan and staying on track.

Unit 2--Budgeting: Making the Most of Your Money
Students learn effective money management by creating and following a budget, practicing the principle of "pay yourself first," analyzing the difference between gross and take-home pay, and using tools to monitor success.

Unit 3--Investing: Making Money Work for You
Students learn the importance of saving and investing to meet financial goals, the time value of money, basic investment principles, and the range of saving and investment alternatives.

Unit 4--Good Debt, Bad Debt: Using Credit Wisely
Students learn the use of credit as a financial management and planning tool while avoiding overendebtedness.

Unit 5--Your Money: Keeping It Safe and Secure
Students learn how to obtain and use financial services and how to avoid fraud and identity theft.

Unit 6--Insurance: Protecting What You Have
Students learn the different types of personal and financial risk and the reasons for and methods of protecting their assets against loss.

Unit 7--Your Career: Doing What Matters Most
Students learn the relationship between career factors, such as education and training, and earning potential; the range of career options, including entrepreneurship; and the effect of career choices on future financial decisions.

CUNA's contact for questions about the NEFE High School Financial Planning Program is Philip Heckman (phone: 800-356-9655, ext. 4088; e-mail: pheckman@cuna.coop).