Boys & Girls Clubs of America and Charles Schwab Foundation Refresh the Money Matters: Make It CountSM Financial Education Program

Successful program for teens re-launched with new website

Thursday, June 2, 2011 6:00 am PDT



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"We know that kids are highly motivated to learn about personal finance, and updating the program’s online and offline components enables us to keep the lessons interesting and relevant."

SAN FRANCISCO--(BUSINESS WIRE)--In order to keep the Money Matters: Make It Count program fresh, interesting and relevant, Boys & Girls Clubs of America (BGCA) and Charles Schwab Foundation have revised its curriculum, expanding upon the program’s existing materials and creating new activities to bring the program to life. While the personal finance program still focuses on the five key areas of budgeting, saving and investing, planning for college, credit/debt and entrepreneurship, the new Facilitator’s Guide and Teen Personal Finance Guide have been updated to simplify the lessons and provide more thorough examples and activities, making the program even easier to execute. The new curriculum incorporates feedback from 30 pilot sites that tested the new learning concepts.

The updated curriculum teaches teen Club members about topics such as online banking vs. in-person banking and how to review and resolve disputes on a credit report. In addition, the curriculum takes a more in-depth look at credit and debt, including understanding the intricacies of a credit card application (and a card’s terms and conditions) and an exercise looking at messaging in credit card advertisements.

“We want to ensure that our Club programming continues to stay exciting, relevant and specific to the needs of our Club teens,” said Judith J. Pickens, senior vice president, BGCA Program & Youth Development Services. “The opportunity to refresh a proven program like Money Matters will only enhance its ability to deliver positive results for participants.”

As a complement to the new curriculum, the program also includes a new website. In addition to its fresh look not only provides the basic information found in the curriculum, but also includes an array of interactive activities such as budgeting and planning tools and games. Additionally, the website is no longer solely restricted to Club members. The majority of the site is available to the public, making this valuable information accessible to all teens.

“We’ve seen great success with the Money Matters program over the past seven years, with teens who go through the program demonstrating significant changes in the ways they think about and manage money,” said Carrie Schwab-Pomerantz, president of Charles Schwab Foundation. “We know that kids are highly motivated to learn about personal finance, and updating the program’s online and offline components enables us to keep the lessons interesting and relevant.”

About Money Matters: Make It Count

Funded by Charles Schwab Foundation, Boys & Girls Clubs of America’s Money Matters program is designed to promote money management skills among teens, ages 13-18. The program consists of fun, interactive activities and exercises on topics such as using a checking account, managing debt, saving for college and learning the basics of investing. The program is targeted primarily at teens from underserved communities.

Nearly 325,000 teens at approximately 1,700 Boys & Girls Clubs across the U.S. have participated in Money Matters since the program’s launch in mid-2004. In addition, over the past six years, Charles Schwab Foundation has presented a cumulative total of $390,000 in scholarships to 187 Club teens who completed Money Matters and demonstrated exceptional financial skills from their newly acquired knowledge of personal finance.

About Boys & Girls Clubs of America

For more than 100 years, Boys & Girls Clubs of America ( has changed and saved lives, enabling young people to achieve great futures as productive, caring, responsible citizens. Today, some 4,000 Boys & Girls Clubs serve some 4 million children and teens through Club membership and community outreach. Clubs are located in neighborhoods throughout the country and on U.S. military installations worldwide, providing a comprehensive array of youth development programs conducted by trained, professional staff. Key programs emphasize academic success, good character and citizenship, and healthy lifestyles. In a Harris Survey of alumni, 57 percent said the Club saved their lives. National headquarters are located in Atlanta.

About Charles Schwab Foundation

Charles Schwab Foundation is a private, nonprofit organization funded by the Charles Schwab Corporation. Its mission is to create positive change through financial education, philanthropy, and volunteerism. More information is available at

Charles Schwab Foundation and Boys & Girls Clubs of America are unaffiliated entities. (0411-2557)


Boys & Girls Clubs of America
Amy Lamparter, 404-487-5856
Charles Schwab & Co., Inc.
Sarah Bulgatz, 415-667-0328

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