Generation Money: Improving the Financial Literacy of America's Teens
Compound interest is one of the core financial literacy concepts that students must understand as they begin to grow into their own financial responsibilities. The FINRA Foundation, in collaboration with the Consumer Federation of America and Channel One, launched Generation Money in January 2009 to help teach secondary school students about the power of compounding and other important financial lessons.
Today, the campaign incorporates several components, including:
The Generation Money website provides access to Channel One personal finance broadcast news segments and classroom discussion guides to accompany them. The site also includes interactive games, a series of lesson plans on the mathematics of compound interest and articles on other financial topics.