Harnessing the Power of Community Collaboration to Support Student Financial Education

May 7, 2020 10:30 AM ET
Blog

Giving students what they need to achieve their dreams is a shared goal of many educators, leaders, and families. Yet financial education is too often left out of that equation, because talking finances can be intimidating and confusing.

Cha-Ching Money Smart Kids is here to help with a suite of dynamic, digital resources available at no cost to build critical life skills. By beginning high-quality financial literacy in elementary school with Cha-Ching, students across the United States are empowered to have successful financial futures. Launched in 2017 through a partnership between Jackson Charitable Foundation and Discovery Education, the engaging and fun financial education program provides millions of students in grades K-6 with the knowledge, tools, and practice they need to make informed decisions to reach their goals and dreams.

One engaging resource is the annual Cha-Ching Money Smart Kids Contest. This challenge enables communities to collaborate virtually, empowering students and local schools with financial literacy.

This national challenge encourages elementary school teachers, families, and community members to show their commitment to financial literacy education by voting online daily for their school to receive a prize package featuring:

  • A grant of $10,000 to build a brighter financial future at the winning school.
  • $1,000 to be donated to the charity of the school’s choice.
  • A fun, educational financial literacy event hosted by Discovery Education that brings to life Cha-Ching’s four pillars of financial education – earn, save, spend, and donate.

Participants can enter up to once a day on behalf of their school from now through June 25, 2020. Providing elementary students the financial education they need to smartly earn, save, spend, and donate is now as easy as voting online for your school.

The best thing about the contest? Students learn by doing. The contest money provided by Jackson Charitable Foundation brings to life how saving and spending money can positively impact their school and community.

Now more than ever, it’s so important that our nation’s students are equipped with financial literacy knowledge so they are set up for future success.