From MFEC to MassSaves to FEN.

It all began with the Massachusetts Financial Education Collaborative back in 2008.

Purpose: The Financial Empowerment Network (FEN) aims to create a financially literate Massachusetts where everyone has the knowledge and tools to achieve financial stability and independence. Our vision is to be a national leader in financial empowerment, inspiring other states to follow our example.

Who Are We? FEN is a dynamic coalition dedicated to advancing financial literacy and capability across Massachusetts. We bring together public and private stakeholders, including financial educators, providers, community organizations, and passionate advocates, to foster financial stability and empowerment for all residents.

What Do We Do? FEN is committed to advocacy, education, and resource sharing to promote financial well-being. Our key initiatives include:

  • Advocacy: We champion financial education in schools and push for legislative support to embed personal finance into the K-16 curriculum.

  • Community Events: We organize and support interactive Credit for Life fairs to help students understand real-life financial decision-making. FEN also hosts the annual Financial Health & Wellness Summit which convenes educators, non-profit professionals in the asset building space, and policy advocates. 

  • Professional Development: We provide training and resources for educators and professionals to enhance their financial education programs.

  • Research: We collect and share data to inform and improve financial education practices and policies.

Committees

  • K-16 Advocacy Committee: Focused on policy and system change to integrate financial education into the K-16 curriculum.

  • Summit Planning Committee: Organizes the annual Financial Health & Wellness Summit.

Financial Education Learning Institute in partnership with the United Way of Massachusetts Bay

The Financial Health & Wellness Summit.

Our 2024 Annual Financial Health and Wellness Summit brought together 150 attendees from across Massachusetts to explore the pivotal role of financial literacy and asset building in achieving lasting prosperity—particularly for low-income individuals and BIPOC families.