Charles Schwab recently rolled out a new website to help parents and grandparents teach kids about the basics of money management.
The site offers practical guidance, tools, tips, calculators and a life staged-based interactive game to help adults learn to converse with kids about money. Additionally, adults can learn how to help their kids save for financial milestones such as going to college or buying a car.
The site was launched due to research Schwab conducted that showed parents wanted help educating their kids about money. Also, Schwab’s survey on teens and money this year, indicated that they themselves wanted to learn.
The website is: www.schwabmoneywise.com.