Responsible Finance Forum

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Financial education refers to the process by which consumers improve their understanding of financial products and concepts and, through information, instruction and/or objective advice, develop the skills and confidence to become more aware of financial risks and opportunities, to make informed choices, to know where to go for help, and to take other effective actions to improve their financial well-being (OECD, 2005).

Financial education empowers consumers to exercise their rights and responsibilities in the consumer protection equation.

Financial education is an important tool to achieve greater financial access as it helps consumers both accept and effectively use the products to which they increasingly have access. Financial education empowers consumers to exercise their rights and responsibilities in the consumer protection equation.

What programs and policies are likely to be effective to increase financial education? How do we measure impact? What is an appropriate role for financial institutions? What are the models that are cost-effective, can reach scale, and keep the client at the center?  Who should bear the costs?

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November, 2014

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November, 2014

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November, 2014

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December, 2015

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November, 2014

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November, 2014

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