Market Overview

The NFEC Teams Up with Survey Design & Analysis to Create a Financial Literacy Survey

The National Financial Educators Council is launching a nationwide financial literacy program to improve the financial capabilities of college-bound youth. The program is in its development phase currently, for which data is being gathered from the financial education survey.

Los Angeles, CA (PRWEB) December 06, 2012

The National Financial Educators Council is launching a nationwide financial literacy program to improve the financial capabilities of college-bound youth. The program is in its development phase currently, for which data is being gathered from both the demand and supply sides. People are encouraged to take part by visiting the financial education survey page.

The NFEC partnered with Edward Halteman founder of Survey Design & Analysis to design the surveys and analyze the results. On the supply side, the NFEC and Survey Design & Analysis are soliciting financial professionals, educators and personal finance experts to provide best practices input. On the demand side, a survey is being conducted to better understand the degree of financial awareness in the target population.

“We choose to work with Ed Halteman and Survey Design & Analysis because they possess the experience needed to gather accurate data and provide expert analysis on the information. Ed was a founding father of the use of online surveys and his many years of experience will support our efforts in the financial literacy space,” states Vince Shorb of the NFEC.

The NFEC had previously worked with Survey Design & Analysis for a project for the Financial Literacy Program (FLP) offered through the State Bank of Pakistan. In this project, a detailed GAP assessment report was produced based off face-to-face interviews with over 1000 individuals across four regions in Pakistan. The initial pilot program has launched and it is reaching approximately 45,000 adults with the project. It will be extended to cover 500,000 beneficiaries.

”I've enjoyed working with NFEC. They understand the importance of databased decision making. They also understand that obtaining useful information from a survey for making decisions requires experience and planning so that the right questions are asked of the right people in the right way,” states Edward Halteman founder of Survey Design & Analysis.

The survey is designed to meet several goals. Gather data and make recommendations on outreach efforts, training programs delivery channels, and awareness campaigns. This initial survey will also help to develop quantitative measurement tools to monitor the program's short- and long-term performance. Lastly, results from the survey can help provide suggestions on sustainability models and strategic relationships.

Edward Halteman is an expert in survey design and statistical analysis. Ed has a PhD in statistics yet has a down-to-earth approach that is both practical and easy to understand. Ed's expertise extends from survey design and analysis to complex statistical analysis. Ed pioneered the use of online surveys in industry almost 15 years ago and writes for a blog on survey best practices. Through research in graduate school and 20 years in industry, Ed has designed and analyzed surveys across a wide variety of disciplines including retail, manufacturing, quality, sales and marketing, opinion research, sociology, customer satisfaction, employee satisfaction and more. Learn more at Survey DNA.

The National Financial Educators Council is a social enterprise organization with the mission to empower people with personal finance skills so they can make effective monetary decisions that improve their lives. The NFEC takes a campaign approach to developing personal finance courses. This process begins with conducting comprehensive financial education surveys and extends through precise execution. People can give their opinion by visiting the financial education survey webpage.

For the original version on PRWeb visit: http://www.prweb.com/releases/prwebFinancial-Education/Survey/prweb10210078.htm

 

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