Please note: On-Demand access will only be granted to 2022 ACFE Online attendees. 1-Day Attendees will only receive access to the recordings from that day. Approval is manual so your patience is appreciated. Thank you!
DAY 1 | APRIL 25, 2022
FIGHTING FOMO WITH FINANCIAL EDUCATION
Keeping up with Joneses used to mean competing with your neighbors with homes, cars, and vacations. Now, thanks to social media, it means keeping up with the Kardashians with Instagram worthy shots of lavish homes, designer bags, and champagne trips on a beer budget. A majority of Millennials report that social media wreaks havoc on their spending, and yet FOMO (fear of missing out) keeps leading them into debt. Add in the ease of accessing money via fintech (mobile payments), and it’s a perfect recipe for financial disaster. How can we prepare others to say no in a world of nonstop peer pressure to spend, while technology makes it ever easier to do so? In this one-hour session, we’ll explore the effects of social media on spending and saving, the drawbacks of fintech, and how we can tailor financial education programs to inform and empower others to resist.
EQUITY IN FINANCIAL WELLNESS
Financial education is a foundational life skill yet is almost exclusively offered through an unresponsive deficit model. Join an ACFPE® Accredited Financial Counselor and a seasoned higher education administrator to examine asset-based strategies enabling professionals to explore the intersection of culture and financial education. Participant take-aways include a financial wellness framework and strategies for implementing Culturally Responsive Financial Education.
A PILOT COURSE FOR IMPROVING FINANCIAL LITERACY IN COLLEGE STUDENTS
The session examines data from the Federal Reserve Board on household finances. Survey responses of households’ self-assessed levels of financial knowledge and risk tolerance show gender differences in predicted probability of answering three standard financial literacy questions.
INTEGRATING FINANCIAL EDUCATION INTO FAMILY ENGAGEMENT
Ideas and strategies for K-12 schools and organizations to engage families in financial education. Providing schools and families fun and hands-on experiences to expose students to the financial decision making process.
A DOLLAR’S WORTH: INFLATION AND FINANCIAL LITERACY
What’s a dollar worth? What was “once upon a time” is not what is today or what will be tomorrow. Even with an intensive knowledge base of personal finance concepts, economic conditions can create change and challenges to consider. This session will focus on inflation and its effects in financial literacy and the worth of a dollar. Inflation affects everyone but inflation affects individuals differently. Attend this session to delve into inquiry-based and real-world application of an impactful topic.
THE CHANGING WORKFORCE AND YOU
Shifts in the world around you affect you professionally, personally, and financially. The choices we make, the way we do our work, how we interact with others are all part of the evolving economic puzzle. Explore how the workforce adapted and economy changed to an unfamiliar shock, and how those quick changes affect your personal finances – then, now, and in the future. Free classroom-ready resources for teaching about careers, personal finance, the economy, and more will be shared.
DAY 2 | APRIL 26, 2022
BACK TO THE FUTURE… BASICALLY
How to rebuild a financial literacy program from scratch on a university campus in a post COVID environment.
MARKETING YOUR FINANCIAL EDUCATION PROGRAM SO STUDENTS WILL FLOCK TO YOU
Your students all say they want financial help, but they don’t show up for your financial programming. Sound familiar? We will cover 5 principles of sales and marketing that all financial education professionals should know to increase visibility, engagement, and most importantly IMPACT of their program.
TALKING, LOVE AND MONEY
This presentation is about how advisors and counselors can help couples:
• Discover and explore their own attitudes, beliefs, and values about money,
• Understand their partner’s attitudes, beliefs, and values about money,
• Develop productive ways of talking about those attitudes, beliefs and values, and
• Use these skills and insights to construct better financial plans and solutions, through thoughtful choice and compromise, in effect a “principled negotiation”.
This presentation will provide advisors and counselors with helpful process for the “more”, at the intersection of social science, self-awareness and skilled conversation about attitudes, beliefs and values.
FEDERAL STUDENT LOAN FORGIVENESS FOR YOU AND YOUR STUDENTS
On October 6, 2021, the U.S. Department of Education (ED) announced a temporary change to the Public Service Loan Forgiveness (PSLF) program. Through October 31, 2022, borrowers can receive credit for past payments that would not otherwise have qualified for PSLF. This session will unpack the core requirements of PSLF, the TEPSLF (Temporary Expanded Public Service Loan Forgiveness Program) and the PSLF Limited Waiver Opportunity. Actionable steps borrowers need to take before the Limited Waiver Opportunity expires will be highlighted and a checklist will be provided.
REFRAMING FINANCIAL SUCCESS
This workshop aims to create a narrative of hope for the Later Millennial and Gen Z demographic (b: 1992-2012), by re-imagining and reframing ideas of financial success in a world where strategies used by the Baby Boomer and Gen X generations to access homeownership and early retirement have grown increasingly less sustainable for younger generations.
FINANCIAL WELLNESS: A VITAL COMPONENT IN EMPLOYEE WELLNESS PROGRAMS
Employers should consider a financial wellness component as an essential part of their employee wellness programs. This session will offer an overview of employee wellness programs and how employers can incorporate components of financial wellness. By improving employees’ financial wellness, employers can increase employee engagement and reap the benefits of a more present and focused workforce. This session will include an overview of the Federal Law governing employee wellness programs, the hurdles employers face implementing such programs, and a case study of the City of Birmingham implementation of a financial wellness component for their employees. The session will also address how employers can avoid unwittingly creating a wellness program subjecting the employer to Federal Law.
DAY 3 | APRIL 27, 2022
STILL NUDGING: CHOICE OPTIMIZATION FOR BETTER FINANCES
A few years after the book “Nudge” reinvented the way we view behavioral finance, we’re back to take another look at the science of human behavior and how we can influence others to make optimal decisions and take actions. Based on the newly updated book “Nudge: The Final Edition,” this session will give you insight into creating effective messages and cues that inspire others to take action. We’ll review the basics of nudge theory, including concept, ethics and implications, while incorporating new findings from the authors’ works. And, of course, we’ll discuss how nudges can work with your audience. Don’t miss out on this fun and informative session!
STORYBOARDS AND CALCULATORS FROM THE PERSONAL ECONOMIC MODEL
This presentation will introduce the Personal Economic Model, which visually illustrates personal finance decisions with interactive storyboards and calculators. Participants will learn how to navigate the tools and gain ideas about how to present concepts.
STRATEGIES TO EMPOWER HBCU/MSI STUDENTS TO CLOSE THE RACIAL WEALTH GAP
There are many excellent financial literacy programs aimed at different population segments. What if one program took the basic and necessary tenets of financial literacy and added the unique understanding of HBCU/MSI students from both a historical perspective and the impact of systemic racism and the implications on the financial health of these students? During this 60-minute session, attendees will hear from stakeholders in this space who have partnered together and are doing this work at HBCUs/MSIs nationally, measuring results, and working to help build wealth within Black and communities of color because ‘Our Money Matters.’
WHY YOU SHOULD BE A HEALTH SAVINGS ACCOUNT CHAMPION
Session Outline: What You Will Learn, Why You Should Be A Health Savings Account Champion!
• What is an HSA? How does it work?
• Comparisons to Health Flexible Spending Accounts and 401k and 403b plans
• Quadruple duty, explained
• Why would employers want to offer HSA-capable coverage?
• Top 10 Risks in Offering HSAs
By attending this session, you will be able to confirm: How HSAs “done right” create a competitive financial advantage for both the organization AND employees, why the HSAs offer employers a superior health care cost management opportunity, and why now (complete implementation no later than December 1, 2022) is the right time to (re)introduce HSAs.
THE POWER OF RESEARCH AND SPREADING THE NEWS
Consumer habits and trends are changing. Whether these shifts are part of the natural evolution in how we spend our money, or the result of an unforeseen global event such as the COVID 19 pandemic, it’s important to capture the data that comes with these changes. CPA Canada’s Financial Literacy team polls Canadian consumers throughout the year to understand their spending habits and attitudes, and shares this information with the Canadian public through a modest but effective public relations campaign that keeps our financial literacy program current. In this session, you’ll learn about the importance of this type of research, how to conduct it, and how to share it with the public.
ACCESSIBILITY AND ENGAGEMENT: THE TWO MOST IMPORTANT ELEMENTS OF FINANCIAL LITERACY
This session will explore why accessibility and engagement are the two most important elements of any financial literacy program. Using data from 2020-2021 Money Experience Case Study, we will explore how incorporating personal priorities and quality of life can help participants understand long term outcomes of big financial decisions, as well as how engaging programs can increase participants’ desire to initiate additional financial discussions. While this session will use examples from Money Experience’s platform and case study, we will also discuss wider industry trends and leave time for attendees to share their experiences and opinions of other programs.