Money Matters Success
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 Money Matters: Make it CountSM teaches the financial basics to teens through Boys & Girls Clubs across the country. Schwab volunteers often lead the sessions, sharing their expertise on topics including:
An independent evaluation of the program indicates that it's working.
Analysis of baseline and follow-up surveys conducted with approximately 600 teen Club members who completed Money Matters shows that the program motivated them to take positive action. Specifically:
- Teens who reported learning a great deal about goal-setting were significantly more likely to also report that they had saved money for something they wanted and then purchased it (79 percent), compared to those who reported they learned little or nothing about goal-setting (58 percent)
- Teens who reported learning about managing savings and checking accounts were more likely to report having opened both types of accounts (57 percent vs. 44 percent opened a savings account; 36 percent vs. 28 percent opened checking accounts). Those who reported learning about saving money were more likely to save regularly (72 percent vs. 57 percent)
- Further, teens who learned to track spending were more likely to report having developed a budget (50 percent) vs. those who learned little or nothing (29 percent) and also more likely to save money to purchase something (80 percent vs. 60 percent). Similarly, youth who reported learning to create and maintain a budget were more likely to report actually developing one (50 percent vs. 30 percent)
 I was drawn to Money Matters because I want to give children some of the advantages I didn't have as a child. ...This is a gift I want to give these kids today so they can live happier and more productive lives later. Who knows? It might even impact the kids' future in a positive way.
Judd Wagner
Portfolio Consultant, Phoenix
0808-5349
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