Money Path at home
Make it real now. Before it gets real later.
Life comes at your teens fast and it can be difficult to find the time to research all the information needed to help them make sound decisions for life after high school. You can help make sure they’re ready with Money Path. Money Path deepens students’ understanding of critical financial concepts and opens their eyes to the long-term impact their academic and career choices have on their life and financial wellbeing.
Through a personalized, technology-based experience, Money Path helps teens explore and compare different college and career paths, calculate the related education costs, and learn how to budget and save for long-term goals while reinforcing personal finance concepts for increased confidence and transitioning into adulthood.
Money Path gives parents a tangible, engaging way to help their teens think past today and create personalized plans for their future. Your teen can revisit and adapt their plans throughout their high school and/or college experience.
How It Works
Students need meaningful opportunities to reinforce personal finance concepts in the context of real-life decisions – like career choices and life planning. That’s what Money Path lets them do. Money Path is a real-world application that helps the future “click” for every student.
Students select the post-graduation option or career path they want to explore. If considering post-secondary education, they select the institution and field of study.
Students then explore the education expenses and income connected to the career option they are considering.
Students assess their need for student loans and the long-term financial impact.
Students create a budget with their estimated future income and living expenses.
Students set financial goals and forecast retirement savings based on prior choices.
Students can save as many paths as they like and compare them to make the best decision for their future.