A Schwab news release said the site now offers more information, tools and resources to benefit a variety of different consumers at different levels of financial sophistication.
The announcement said the company had added more than 250 pages to the site. The site now includes, according to Schwab:
- A Money Basics section, which covers fundamentals such as goal setting; budgeting; calculating personal net worth; managing credit and debt; saving and getting started on investing; as well as understanding health insurance and disability, long-term care and life insurance; retirement and estate planning; income taxes; and the different types of financial accounts.
- A Life Events section, which provides information on important financial choices and decisions involved in changing jobs, getting married, buying a home, starting a family, getting divorced and losing a spouse.
- A News & Views section adds timely perspective with articles and insights on a broad range of topics, including trends in retirement and philanthropy, insights into the health insurance crisis and interesting survey results about people’s attitudes, beliefs and behaviors regarding money.
- A new Talking to Kids section incorporates the resources previously available for parents, but also features a new quiz for parents to help them assess how good a job they’re doing as money mentors along with suggestions on areas where they could improve.
- A Teachers & Volunteers portal also contains news relating to financial education, classroom resources such as workshops and educator tips, and links to other sites that help bring the lessons of personal finance to life for young people.
- A Calculator and Tools section includes a mortgage affordability and a rent versus buy calculator.
“We continue to believe that it’s critically important to give young people the knowledge and skills that will enable them to make good financial decisions throughout life,” said Carrie Schwab-Pomerantz, president of Charles Schwab Foundation. ”However, the need for financial literacy cuts across all generations. Many adults themselves have questions about personal finance, and SchwabMoneyWise.com now offers insight and guidance on a broad range of money topics and issues that are very relevant to their lives.”
The site is available at www. SchwabMoneywise.com.