Meet Paul Richard
Executive Director of the Institute of Consumer Financial
Executive Director of the Institute of Consumer
Financial Education, (ICFE) a nonprofit, educational foundation,
established in 1982. Paul is a 27 year veteran of
financial education leadership and is a nationally recognized personal finance authority, a
bankruptcy reform advocate, a published author of books and
articles, an educator, a savings advocate, a public speaker, a
seminar leader and who is often a quoted authority in a wide variety
of print and broadcast medias, including the Associated Press, NBC
News and Fox News. A partial list is below.
- "Because money doesn't come with instructions,
education about money is one of the keys
to having it."
- "When it comes to saving money some people will
stop at nothing."
"Americans are spending all of their income,
but, they are planning to save all of their IF-come."
Background / Qualifications
Paul Richard, since 1984, served as
vice president-director of education for the nonprofit, Institute of
Consumer Financial Education (ICFE) a/k/a the National Center
for Financial Education (NCFE). He was designated as a "Certified Consumer
Interviewer on the Fair Credit Reporting Act, in August 2002 by the
Consumer Data Industries Association.
He was creator of the DOLLARPLAN Personal Finance Courses, which is
now known as the ICFE's "Money Instruction Book."
The course is made available through community colleges, adult
education programs, credit unions, etc. As part of the personal
finance course, he has trained a nationwide corps of over 450
financial and insurance planners as personal finance course
instructors. He also established the ICFE's Speakers Bureau.
In 1988 he created warning stickers for credit cards: "WARNING:
Overuse Can Be Dangerous To Your Wealth!" There are now
over 1 million stickers distributed internationally. In
1989, he developed the "Do-It-Yourself Credit Repair
Kit", now known as the ICFE's "Do-It-Yourself Credit
File Correction Guide" with over 50,000 in use. In 1990
he co-created the ICFE's "Credit Card Condom," also with
over a million in circulation, they have been featured on ABC's Good
Morning America, CBS and NBC Nightly news, the Wall Street Journal
and many other medias. In 1996 he served as the technical
consultant to the producers of ABC's Schoolhouse Rock, "Money
Rock" video, featuring seven song about money. He edited
the nationally recognized and often quoted newsletter: "The
He established the ICFE's presence on the internet in 1996 at ICFE.info.
In March 2001 he reintroduced "Credit Card Warning Labels"
in three new versions: "WARNING: Overuse is Dangerous"
"Should I Charge It?" and "Can I Afford It?"
In May 2001 the ICFE introduced new label:
"If You Can Eat It, Drink It, or Wear It, It is NOT an EMERGENCY!"
Beginning in 2001, he was appointed a personal management education
(PME) presenter for the U.S. Navy and Marines giving his "Spend
Yourself Rich" talk before enlisted military members at Camp
Pendleton and Miramar MCAS, California sponsored by the Navy-Marine
He is a former member of the Board of Directors of the National
Jump$tart Coalition for Financial Literacy for Youth, and he serves
on a task force at San Diego State University called
Student Debt Resource and Awareness Project". He is a
member of the San Diego Advisory Board for Springboard, nonprofit
consumer credit management. He serves on the organizing
committee of San Diego Saves, an off shoot of America Saves.