Financial Education Standards Resource Library

What is the Purpose of the Oregon Financial Education Standards?

The purpose of the standards is to provide clear guidance on the most important financial education topics to participants of the Oregon Individual Development Account (IDA) Initiative and beyond. Participants will have the knowledge, skills, and resources to make productive financial decisions that help them cover their living expenses, deal with financial emergencies, maintain a healthy existence, and save for and reach their goals.

The Standards provide targets for baseline financial education that everyone should receive. This will ensure that the provision of financial education is consistent and comprehensive and that the quality of financial education is not dependent on where participants live or from which organization they receive financial education. The standards also help professionalize the provision of financial education by ensuring trainers and educators have developed the competency, knowledge, and skills necessary to provide engaging and effective financial education.

Who are the Oregon Financial Education Standards for?

There are three primary target audiences for the Standards:

  • Organizations running IDA programs. With the Standards, they will know how to focus and plan their financial education, coaching, and counseling efforts.
  • Staff providing financial education. With the Standards, staff will know what they need to know or learn to better serve participants.
  • Participants. Because of the use of the Standards by IDA programs and those providing financial education, coaching, and counseling, participants will have the knowledge, skills, and resources to make productive financial decisions that help them cover their living expenses, deal with financial emergencies, maintain a healthy existence, and save for and reach their goals.

Upcoming Features of the Oregon Financial Education Resource Library

In 2018, this website will provide high quality, vetted, easy-to-access financial education materials, which ensure effective and engaging financial education opportunities for savers and participants in the Oregon IDA Initiative and beyond.

Materials will include:

  • Materials for the end-users (savers, participants, clients)
  • Accompanying trainer, instructor, or facilitator instructions
  • Visual aids or guidelines for visual aids and training props
  • Assessment or evaluation materials

The Oregon IDA Initiative is a state funded program managed by Neighborhood Partnerships. Any inquiries regarding the Financial Education Standards may be directed to Laina Green, Economic Opportunity Manager at Neighborhood Partnerships.