NEFE’s Financial Workshop Kits program will be retiring on Sept. 12, 2019. Please download any workshop materials before that date as this website will no longer be available. For more resources and tools to deliver financial education in your community, visit



  • Annual Percentage Rate (APR) and Effective APR
  • How to calculate the effective APR from a stated APR, and the difference between the two.

  • Renting vs. Buying a Home
  • How to make an apples-to-apples comparison of the costs of renting a home versus buying a home.

  • Mortgage Interest Rates
  • Different types of mortgages explained (such as fixed and adjustable rate), along with the relationship of principal and interest in a standard mortgage payment.

  • Home Equity Loans
  • How to use equity in a home to create cash via a home equity loan

  • The Discount Rate
  • The basics of the Fed funds rate and the discount rate from the Federal Reserve Bank.

  • Personal Bankruptcy: Chapters 7 and 13
  • How personal bankruptcy works, and the differences between Chapter 7 (straight bankruptcy) and Chapter 13 (reorganization) and their consequences.

  • Payday Loans
  • How payday loans work and the very high price borrowers pay who use these loans.