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


The Time Value of Money

  • Time Value of Money
  • The value of money received at different points in time, given a certain interest rate; present value versus future value.

  • Introduction to Interest
  • The difference between simple interest and compound interest; why compound interest grows so quickly compared to simple interest.

  • Interest Part 2
  • How to develop the formulas behind simple and compound interest, and an example of the striking difference between the two.

  • Introduction to Present Value
  • How to decide whether it is better to have a sum of money today or in the future.

  • Present Value 2
  • How to calculate the present value of different amounts of money received at different points in time.

  • Present Value 3
  • What happens to the present value of money when you change the discount rate (or interest rate)?

  • Introduction to Compound Interest
  • What compound interest is, how it works, and the math behind it.

  • The Rule of 72 for Compound Interest
  • How and why the Rule of 72 is an easy way to estimate the impact of compound interest.

  • Introduction to Continuous Compound Interest
  • How and why interest compounds (grows) over various time periods with a more detailed examination of the math behind the process.