Founded in 2002, the Institute for Financial Literacy is a nonprofit organization that offers a range of educational services. The institute works in collaboration with various nonprofit, educational and government organizations and publishes a journal, National Standards in Adult Financial Literacy Education. The Institute for Financial Literacy is based in Portland in Maine. It has a staff of more than 50 people. The Institute for Financial Literacy is one of the leading providers of bankruptcy-related counseling and educational solutions in Maine. It also maintains the Library of Personal Finance. The institute develops a flexible benefits and personal finance course for adults with disabilities.
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