Measuring Financial Well-Being introduces financial planners to the Financial Well-Being Scale, a tool that was created and published by the Consumer Financial Protection Bureau, a U.S. government agency that makes sure banks, lenders, and other financial companies treat consumers fairly. In this self-paced course, designed especially with financial planners and their clients in mind, participants will learn about the value of using this tool not only as a data point in assessing a client's overall financial status, but also as a meaningful conversation-starter when beginning to talk about a financial life plan. Planners will get detailed information on administering the scale, as well as gathering scores and applying them as a metric to track client progress both individually and collectively. The Financial Well-Being Scale is free of cost and free from copyright so it can be used and shared freely.

This one-hour CFP® CE credit course is free to FPA members. A version of this course is available on the CFPB’s website at no charge. The CFPB’s version does not include automatic reporting of completion to the CFP Board and requires self-reporting, which may also require payment of fees. See this course and more CFPB webinars here.

Course Information
Course Date:
September 26, 2018
Course Objectives
  • Describe how a client's comfort zone, impacts a client's objectives, goals, understanding, decision making, and actions.
  • Evaluate how a clientss values, including cultural and religious values and attitudes will affect his/her goals and a planner's recommendations.
  • Explain how a client's psychological profile, such as a Meyers-Briggs assessment, and learning style, and values impact the format of the plan produced and presented.
Measuring Financial Well Being - Consumer Financial Protection Bureau
Speaker Information
Consumer Financial Protection Bureau  [ view bio ]
Individual topic purchase: Selected
Financial Planning Association
CFP CE: 1.00
FPA Member Price:$0.00