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ERIC Number: EJ1104371
Record Type: Journal
Publication Date: 2006
Pages: 18
Abstractor: As Provided
ISSN: ISSN-1052-3073
Closing the Gap between Knowledge and Behavior: Turning Education into Action
Journal of Financial Counseling and Planning, v17 n1 p73-90 2006
In August 2005, the National Endowment for Financial Education® (NEFE®) hosted a groundbreaking event, bringing educators from a variety of disciplines together to explore how to make financial literacy programs more effective. This was the first symposium ever to combine financial educators with leaders from other fields--neuroscience, change theory, behavioral economics, and psychology--with the common goal of finding new ways to help move people toward taking positive actions to create a healthier financial future. The symposium, titled "Closing the Gap Between Knowledge and Behavior: Turning Education into Action," was organized around four featured presentations that examined topics as diverse as the implications of brain biology on behavior, effective programs that incorporate change theory, observed economic behavior versus traditional economic theory, and the psychology of an individual's money personality. From this fertile cross-pollination of ideas, participants developed a list of exciting next steps: defining research and resource needs, proposing changes and new directions for financial educators, and identifying relationships that need to be leveraged to build more effective financial literacy programs. A white paper report on this symposium follows. [This paper is the result of a symposium sponsored by the National Endowment for Financial Education.]
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Publication Type: Journal Articles; Reports - Descriptive
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A