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Financial Literacy Education is Essential for Everyone – Insurance News

Posted on June 20, 2024

BFG Financial Group Launches BFG University to Teach Financial Literacy

BFG Financial Group Launches BFG University to Teach Financial Literacy

Lena Nebel and the team at BFG Financial Group have taken a proactive approach to address the lack of financial literacy among young people by creating BFG University. This online platform offers 16 free personal finance lessons covering a range of topics, from basic saving strategies to retirement planning. Additionally, BFG University provides an eight-course curriculum on retirement readiness for a fee.

The inspiration behind BFG University stems from the company’s CEO, Eric Brotman, who is passionate about helping individuals achieve financial freedom and secure retirements. Nebel, the president and COO of BFG Financial Group, emphasized the importance of starting financial education early, beginning with high school students and progressing to more advanced topics.

In addition to BFG University, the team at BFG Financial Group actively engages with local high schools to educate students about finance, investing, and career opportunities in the industry. Nebel also works with investment clubs to teach young people about the stock market.

The need for financial literacy education is evident, with statistics showing that a majority of teens desire more personal finance education and many Americans suffer financial losses due to a lack of knowledge. BFG Financial Group’s initiative is part of a broader trend in the financial services industry, where professionals are dedicating their time and expertise to improve financial knowledge in their communities.

Other organizations, such as Protection Point Advisors and Financial Mastery and Education, are also playing a crucial role in providing financial education to clients and non-clients alike. These efforts aim to empower individuals to make informed financial decisions and plan for their futures.

Overall, the push for financial literacy education is gaining momentum, with industry professionals like Nebel, Brotman, and Brown leading the way in equipping individuals with the knowledge and skills needed to achieve financial stability and security. Through initiatives like BFG University and other educational programs, the path to financial empowerment is becoming more accessible to people of all ages and backgrounds.

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