Financial Literacy
Financial literacy is a critical life skill that kids need to learn in order to become financially responsible adults. It can help them make smart decisions about money, avoid financial pitfalls, and build a strong foundation for their future. Today in America…
%
have a “rainy day fund”, while two-thirds of Americans would be unable to come up with $1,000 in an emergency according to Foundation National Financial Capability Study (NFCS).
%
are unable to answer three out of five basic personal finance questions correctly (FINRA).
%
of millennials demonstrate basic financial literacy (National Endowment for Financial Education).
%
have a “rainy day fund”, while two-thirds of Americans would be unable to come up with $1,000 in an emergency according to Foundation National Financial Capability Study (NFCS).
%
are unable to answer three out of five basic personal finance questions correctly (FINRA).
%
of millennials demonstrate basic financial literacy (National Endowment for Financial Education).
How NuMoola Works
Parents can contribute to kids’ spending and savings goals by setting Missions, tracking progress, and rewarding successes. True financial literacy comprehension takes place as kids apply the skills they’ve learned within the secure NuMoola app.