Schwab MoneyWise
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The Schwab MoneyWise™ program helps parents teach and young adults learn how to manage money wisely.
Schwab research shows that parents want help engaging their kids on the topic of money management. However, they feel they don’t have enough knowledge or expertise to teach the basics. Additional research reveals that teens want to learn about personal and consumer finance – and learning about these topics is high on their list of priorities.
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Program Components
Schwab provides a number of resources for parents, grandparents and adults of all ages.
Schwabmoneywise.com
- This Web site, launched in April 2007, contains practical guidance, tips, tools, and calculators. Information is organized by financial topic (e.g., budgeting, saving, borrowing, and investing) and financial milestone (e.g., getting a first car, going to college, and leaving home). The site also includes a game, Schwab MoneyWise It’s Your Life, which shows how a player’s future can change based on financial decisions made along the way.
Schwab MoneyWise workshops
- Designed to help parents, educators, and other interested adults raise money-wise kids, these workshops cover topics including saving and the benefits of starting early; getting kids started on a budget; the dos and don’ts of credit for young people; and the essential ABCs for beginning investors.
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