Financial Literacy Services and Training Programs

The Center on Business and Poverty has a separate non-profit called the Personal Finance Employee Education Fund (PFEEF), which focuses on assisting people as they take ownership of their financial well-being. Click above for more on PFEEF.

As part of accomplishing this mission, PFEEF recently won a $970,000 grant to help deliver proven financial literacy services and training program to individuals in their place of work. Financial literacy training includes education on a variety of topics: money management during stressful times, debt management, finding and keeping affordable housing, education, and career planning.

The grant will allow PFEEF to teach financial wellness principles through its subcontractor, the University of Wisconsin Extension. The training will take place online and be coordinated through financial literacy programs at enlisted organizations.  They will have access to innumerable online financial empowerment courses, as well as a Financial Wellness Score to evaluate progress during the courses, and providing detailed reporting to measure the impact of the program.

The campaign will be able to build out community partners, financial wellness champions, and execute projects that will positively impact over 5,000 workers in  Wisconsin, particularly individuals who have been disproportionately impacted by COVID. The PFEEF approach has proven to help

6th Annual Oxford Conference on Business and Poverty – July 27 and 28, 2022

The 6th Annual Oxford Business and Poverty Conference, this one on housing, was held last week (July 27 – 28, 2022)  in  the Examination School at the University of Oxford, England. It brought together a diverse range of speakers addressing creative ways to meet the housing needs of low and moderate-income people, especially through mutuals and having residents and employees or employee-owners participate in various components of governance in housing organisations and companies.  It also focused on a philosophical look at housing as a basic requirement for all people, addressing human rights, international contexts, and the history of those who are dispossessed.

Some of the participants made these comments in their evaluations:

“Diverse yet interconnected, very enlightening, and an excellent forum for exchanging ideas.”

“Good atmosphere and setting.  Helpful topics raised and discussed.  Food, facilities, and organization was absolutely spot on!”

“I appreciated the diversity and breath of the presentations — from private sector, to non-UK experiences and academicians, to practical and timely solutions.”

“As always the conversations with attendees and presenters during the two days were very helpful, thought-provoking, and a real highlight.”

The 7th Annual Oxford Business and Poverty Conference next year will focus on poverty, business, climate change and other environmental issues.