How we Measure Our Success

Success:

Success has many definitions and connotations. Its meaning and demonstration is not the same for each of us. Our feedback from our students are our measure of success for our teachers. For our students it is a change in their decision making and their choices over money. If no change has been effectuated then we as teachers have failed.

With class interaction, followup, and comment cards, we are able to keep a pulse on the progress and success of our Fin Lit classes.

We do use measurable methods where we poll students. After 6 months of having taken a class, we reach out to students via survey methods to qualify our definition of success. Here are some sample survey questions are:

  • Do you keep a written budget?
  • Do you have an emergency fund?
  • Have you reach your goal for your emergency fund?
  • Have you checked your credit score in the last 2 months?
  • Has your credit score improved in the last 6 months?
  • Are your bills on auto pay?
  • Has your credit score improved in the last 6 months?

Survey Results:

Responses to these questions and others are calculated based on the number of students that attended the classes, the number who participate in the survey, and combined responses to the questions. We consider success being reached when we have at least 75% of each class participate in the survey with at least a 70% positive outcome for questions answered that reflect financial knowledge improved. Our baseline comes from the participants questionnaire from the first day of class.