Click me

Money Matters: Make It Count

MONEY MATTER make it count BUILDING TEENS’ SENSE ABOUT THEIR DOLLARS Young adults in the U.S. today are facing a perfect storm of personal and social pressures than can compromise their financial well-being: record lows in savings, record highs in student and consumer debt, increasing living costs, and uncertain employment prospects.' It's more crucial now than ever to build financial literacy so that today's youth can make the best financial choices when they reach adulthood. ARE TEENS SAVVY ABOUT MONEY MANAGEMENT? Not so fast! Only 35% Only 25% Only 17% 77% THINK SO know how to know it's a bad idea to use a check-cashing know what manage a credit card or balance a checkbook a 401(k) is service MONEY SAVVY means teens understand: NEEDS BEFORE HAVING A WANTS SAVING 10% USING CREDIT BUDGET OF EARNINGS WISELY 86% of teens would rather learn about money management IN A CLASS before making mistakes in the real world. GETTING SMART NOW 500,000+ TEENS have completed the MONEY MATTERS: MAKE IT COUNT SM program at Boys & Girls Clubs in the last 10 years. 2005 2006 2007 2008 2009 2010 2011 2012 2013 An evaluation of 1,600 teens from 100+ Boys & Girls Clubs showed the program helped them get smarter about money.4 YOUTH SHOWED IMPROVEMENT ON 94% OF SURVEY QUESTIONS wwwwww SAVING SMARTS BUDGETING KNOW-HOW Understands the 10% savings rule Puts needs before wants Before After 47% Before 71% After 67% 78% DEBT SAVVINESS BEHAVIOR CHANGE Saves instead of spends Knows that using a credit card creates debt Before After Before After 50% 71% 68% 79% Sticks to a budget Before MONEY MATTERS After 35% 43% make it count HELP THE TEENS IN YOUR LIFE GET MONEY SAVVY. Visit: DATA SOURCES 1. Draut, T. Strapped: Why America's 20- and 30-Somethings Can't Get Ahead (Norwell, Mass.: Anchor Press, 2007) and Kamenetz, A. Generation Debt: Why Now Is a Terrible Time to Be Young (New York: Riverhead Books, 2006) 2 & 3. Charles Schwab 2011 Teens & Money Survey 4. Beltyukova, S. A. and Fox, C. M. Money Matters: Make It Count Evidence-Based Study, final evaluation report to Boys & Girls Clubs of America (Toledo, Ohio: Inference LLC, May 2013) Copyright o 2014 Boys & Girls Clubs of America charles Charlas Schwab Foundation and Boys & Girls Clubs of America are unaffiliated entitios. (0714-4276) SCHWAB BOYS & GIRLS CLUBS OF AMERICA FOUNDATION 7007

Money Matters: Make It Count

shared by gabi_designs on Aug 20
Infographic for Boys & Girls Clubs of America and Charles Schwab Foundation detailing the progress made through their Money Matters program. This program educates teens about the importance of smart m...


Kelley Mitchell Price


Did you work on this visual? Claim credit!

Get a Quote

Embed Code

For hosted site:

Click the code to copy


Click the code to copy
Customize size