Webinar Registration Now Open: Does State-mandated Financial Education Affect Subjective Financial Well-being?

Registration is now open for our upcoming webinar “Does State-mandated Financial Education Affect Subjective Financial Well-being?”. The live webinar event will take place on Tuesday, October 6, 2020 at 12:00 PM CT. Register now to save your spot or register to receive an emailed recording following the event.

About the webinar: Associate Professor Carly Urban will present her work with CFS Director J. Michael Collins and Research Scientist Jeremy Burke studying how state-mandated financial education in high school impacts subjective financial well-being, research supported by a grant from the FINRA Investor Education Foundation.

Previous studies show high school financial education helps people improve their credit and other objective outcomes, but does financial education make people feel better about their financial lives? Following the presentation, two leading experts will contextualize these findings and relate them back to policy and community practice. Secretary of the Wisconsin Department of Financial Institutions, Kathy Blumenfeld, will speak about policy changes in required high school financial education. Jill Jones, PhD, who is the Managing Director of Research at the National Endowment for Financial Education will provide perspectives from the education field. The webinar will also include an audience Q & A session following presentations. Please join us for this special event on an important topic.

A newly released research brief and paper are available.

Newly Released Paper and Brief: Does State-mandated Financial Education Affect Financial Well-being?

This paper and brief, authored by Jeremy Burke, J. Michael Collins, and Carly Urban, estimates the causal effect of required high school financial education on the financial well-being of young adults. Financial well-being includes people’s subjective sense of financial management, as well as their confidence in achieving their unique financial goals. This study shows that financial education improves financial well-being, though benefits accrue primarily to men and those who obtain college degrees.

CFS Household Finance Seminar – Virtual Meeting Link & Information

Every week on Thursdays, beginning September 17th until December 3rd. HHF Seminar will take place from 3:45 – 4:45 pm CT. Virtual office hours will take place from 3:00 – 3:45 pm CT.
You can download and import the following iCalendar (.ics) files to your calendar system for a weekly reminder by clicking on the mail icon:

Link to Join Seminar and Office Hours:

Meeting ID: 938 6871 4919
Passcode: 319020
Dial by your location
+1 312 626 6799 US (Chicago)
+1 929 205 6099 US (New York)
+1 301 715 8592 US (Germantown)
+1 346 248 7799 US (Houston)
+1 669 900 6833 US (San Jose)
+1 253 215 8782 US (Tacoma)
Meeting ID: 938 6871 4919
Passcode: 319020
Find your local number: https://zoom.us/u/abgswA5PJj

Household Finance Research Seminar Resumes September 17th, held weekly on Thursdays from 3:45-4:45pm

All Fall 2020 HHF Seminars will be held virtually. Click HERE for Zoom link and meeting invitation.

With over 50 faculty affiliates across departments at UW-Madison, as well as more than 50 fellows at other institutions throughout the nation, The Center for Financial Security is pleased to provide a platform for sharing some of the most exciting and innovative early stage research in the household finance realm. Join us every Thursday of the academic year for a virtual seminar from 3:45-4:45 pm for this multi-disciplinary exploration of household finance research.

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