Home » Young Money Financial Literacy Challenge FAQ

Who: Young Money magazine is geared toward young adults to help them earn, manage, invest and wisely spend their money.

• Nearly 10 million copies printed since 1999.
• Nearly 20 million visitors to YoungMoney.com since 2002.
• One of the early members of the Jump$tart Coalition for Personal Financial Literacy.
• Young Money magazine and YoungMoney.com have been mentioned in Microsoft Home magazine, Money, Inc., USA Today, Washington Post, Newsday, Fox News, Forbes.com, the Cincinnati Enquirer, Detroit Free Press, Atlanta Journal Constitution, Akron Beacon Journal, SacramentoBee.com, and more. Young Money was nominated for a Webby award in 2005.
• Over 100 Young Money Live! campus events have been head at four-year schools across the country; including, UCLA, Arizona State, University of Arizona, Ohio State, University of Cincinnati, University of Central Florida, Florida State, University of Florida, Boston University, and New York University.
• Young Money partnered with WNED to prepare a special edition magazine to accompany their show, “Your Life, Your Money.”

What: Young Money Financial Literacy Challenge: Twenty questions designed to help participants understand and improve their financial knowledge and behavior.

• Free financial IQ quiz
• Interactive format makes information provided with each question easier to remember
• Incentive provided by corporate partners of Young Money, will help transition knowledge into positive financial behaviors
• Sponsors include PNC Bank, Sharebuilder, New York life, PayOff Live, Fastweb.com and [Experian].
• Over $100 in incentives are being offered
• Discounts, funded accounts, free software and more

When: Fall/Winter, 2009

Where: youngmoney.com/challenge

Why: Young Money wants people to realize what they know and what they don’t. People must be aware of what knowledge they are missing so they know where to focus future learning. Positive reinforcements are offered to motivate people to change their financial behavior.