Tie your teen’s allowance to money management skills! It makes perfect sense, because the better we are at managing our money, the faster it grows. And, to make this system work, teach your teen to get raises in allowance by rewarding performance. Help them be successful and reward them with raises.
Charles Schwab Foundation has partnered with nonprofit, government and corporate partners to lead national efforts to improve financial education and literacy through the President’s Advisory Council on Financial Literacy.
Visa and the National Football League have teamed up to help teach financial concepts with Financial Football, a fast-paced, interactive game that engages students while teaching them money management skills. Teams compete by answering financial questions to earn yardage and score touchdowns.