We live in an increasingly complex financial world, with more saving and investment choices than ever. Americans are increasingly responsible for managing their finances on their own, but there has been very little education to help us with this DIY approach.
of Americans can’t come up with $500 in an emergency situation1
of Americans can’t pay off their credit card debt in full each month
of Americans can’t make their loan payments on time each month2
It’s a problem that cuts across all walks of life – blind to socioeconomic status, age and gender. The need for financial education is clear. And we’re committed to positive change through training, empowerment, and community support.
Financial literacy and security are key to your well-being, confidence, and freedom. Schwab MoneyWise® is a comprehensive and unbiased source of financial education, guidance, and interactive tools needed to succeed.
On MoneyWise, you can:
Access tools and calculators to organize and prioritize your finances.
Learn money basics: budgeting, saving, paying down debt, participating in a retirement plan, and more.
Prepare for life’s major milestones such as marriage, starting a family, retirement, and more.
Find out how to talk to your kids about earning, saving, and spending to help them make smarter money choices.
Understanding the basics of personal finance is critical for people of all backgrounds. Building financial literacy is a top priority at Schwab. After all, our company was founded on breaking down barriers to provide equal access to investing and help people make the most of their money. We help build strong financial futures through a number of programs and partnerships, including:
A five-week financial capability program for
teens that teaches core money management skills through traditional
classroom-based curriculum, digital learning, and experiential hands-on exercises.
A partnership that
matches donations to
fund teacher professional development and financial literacy classroom projects to provide financial education tools and other key classroom resources for grades K-12.
An award-winning website tackling the topic of money management with hands-on tools and language that's clear, straightforward and engaging.Learn more
An engaging digital learning experience designed to help college students build their financial knowledge and set them up for a lifetime of smart financial decisions offered free through University of California Irvine, University of California Los Angeles, University of Colorado Denver and Colorado State University.Learn more
A national 14-week financial education competition that pairs individual members of Congress and financial capability programming with public schools in every congressional district nationwide to teach middle and high school students about saving, investing, and government.Learn more
A weekly personal finance column by Carrie Schwab-Pomerantz, CFP® and Charles Schwab Foundation president, addressing financial questions from everyday Americans.Learn more
We’re proud of the impact we’ve had on our communities:
Teens who have completed the Money Matters program showed an 82% improvement in saving, a 33% improvement in budgeting, and a 46% improvement in managing credit and debt.
In partnership with DonorsChoose, we’ve brought financial literacy to 50 states and 600+ schools
Since 2007, we’ve sparked progress in the development of financial talent through over $3.4 million in university grants, providing schools with valuable tools and resources.
1. From Bankrate survey
2. Schwab Wealth Index
The Charles Schwab Foundation is a nonprofit, private foundation, classified by the IRS as a charity under section 501(c),(3) of the Internal Revenue Code. The Foundation is neither a part of Charles Schwab & Co., Inc. (member SIPC) nor its parent company The Charles Schwab Corporation. Neither the Charles Schwab Foundation nor the Charles Schwab Corporation are affiliated with DonorsChoose.org.
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The Charles Schwab Corporation provides a full range of securities, brokerage, banking, money management, and financial advisory services through its operating subsidiaries. Its broker-dealer subsidiary, Charles Schwab & Co., Inc. (“Schwab”), Member SIPC, offers investment services and products, including Schwab brokerage accounts. Its banking subsidiary, Charles Schwab Bank (member FDIC and an Equal Housing Lender), provides deposit and lending services and products.
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