Annual Report 2011
NJCFE Community
Events Calendar
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NJCFE:  ABOUT US

The goal of the New Jersey Coalition for Financial Education is to improve the personal financial literacy of New Jersey’s citizens by promoting the teaching of personal finance to people of all ages. The Coalition believes that all citizens of New Jersey must have the financial literacy necessary to make informed financial decisions.

The Coalition meets quarterly in a Central New Jersey location and consists of about 100 representatives of government agencies, schools, businesses, and non-profit organizations that provide financial education and related services. The Coalition is a 501 (c)(3) tax-exempt organization operated by an elected board of directors and conducts an annual audit of its finances.

To date, the New Jersey Coalition for Financial Education has received $284,100 in external grant funding!

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April 25, 2011
NJCFE:Jump$tart State Coalition Common Strategy Compliance
The staff an I have reviewed the Jump Start State Coalition Common Strategy Compliance Guide as per Dan Huebert.  Attached is the guide and below is our response.
The New Jersey Coalition for Financial Education website (NJCFE.org) complies with the Jump$tart State Coalition Common Strategy. NJCFE believes that personal finance must be included in the education of all students. NJCFE proudly follows the Jump$tart State Coalition Common Strategy in conducting unique, individual activities and efforts in New Jersey.
NJCFE follows Jump$tart State Coalitions four principals in the financial literacy effort.
  • Promote and support financial education in schools, helping to ensure its quality, maintenance, and integration into school’s curriculum, and improve its effectiveness.
    • NJCFE provides resources for teachers and students such as “Hands on Banking Programs”, “Financial Education Training”, and much more.
  • Serve as national Jump$tart liaison to and from state partners and constituents.
    • NJCFE has an extensive list of public and private partners including several New Jersey Credit Unions.
  • Raise awareness throughout the state about the importance of financial literacy and the need for financial education, especially to students.
    • NJCFE has quarterly meetings throughout the year to educate educators. NJCFE also offers many programs to education New Jersey educators such as the “T3- Teachers Teaching Teachers Program” and “Boot Camp for NJ Educators.”
  • Serve as a state-wide network of individuals and entities that collaborates to conduct and/or support financial education and financial literacy.
    • NJCFE.org is updated regularly with new and exciting articles to promote financial education. There is also a calendar full of events that website viewers can attend throughout the year.
The New Jersey Coalition for Financial Education website proudly displays the Jump$tart graphic image at the top of the site. Under the tab of “Affiliates” one can find the Jump$tart graphic along with a link to the Jump$tart website. On the NJCFE homepage, one can easily find a link to The NJ Core Curriculum Content Standards.
NJCFE is a “local voice” for financial literacy and a “go to” resource for media opinion leaders, and the educational community of financial education efforts and initiatives. The website is constantly being updated along with “email blasts” out to all members. Through all the programs which include hands on programs, webinars, news articles, power points, and much more, NJCFE works to keep the financial literacy message alive and at the forefront of public attention.
Next Meeting

JUNE 8, 2012
NJCFE MEMBERSHIP MEETING
AND PICNIC

Location:
Boys Club of New York
Camp Cromwell
900 Vosseller Avenue
Martinsville, NJ 08836

732 – 469 – 4333

Facilities and lunch courtesy of the Boys Club of New York

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Did You Know?
Recently Arthur C. Brooks wrote an article in the Op-Ed Section of the Wall Street Journal in which he recalled the now famous 1972 Stamford psychologist who did an ingenious experiment. He placed a marshmallow in front of young children and told them if they wait fifteen minutes before eating the marshmallow they would receive a second one as a reward. Thus, for the investment of fifteen minutes they could have two marshmallows instead of one. About two thirds of the children failed the experiment as they desired immediate gratification and gobbled up the single marshmallow right away. What are we doing to teach our children to save?