In 2004, Charles Schwab Foundation forged an alliance with Boys & Girls Clubs of America to educate teens about the basics of personal finance, financial planning, and the importance of smart money management. We chose BGCA for their large reach and the successful impact they have on young people (they serve an astonishing 4 million kids annually), and because they are as passionate as we are about making social change. We couldn’t have picked a more thoughtful and innovative partner. Together, we established Money Matters: Make It Count (SM), a financial education program designed specifically for Boys & Girls Club members ages 13 to 18. A decade later, Money Matters has helped more than half a million teens attain the skills necessary for a financially secure future.
I recently sat down with BGCA President and CEO Jim Clark (pictured) to talk about the organization’s contributions to American youth, and his advice to kids and their parents. Read more.