Most users to take an online financial literacy lesson in 24 hours
"Financial literacy is a key building block to achieving financial well-being. I've personally witnessed the power of Khan Academy's mastery learning model to help make complex subjects easily understood. To draw attention to this important resource, I hope you will join Capital One in setting a new world record, and encourage your family and friends to start their financial literacy journey by taking part in this challenge." — Sanjiv Yajnik, President of Financial Services at Capital One
1 PM CT Monday, Sept. 23 – 1 PM CT Tuesday, Sept. 24
Post-Event Content
This content is shown after 8/12/24 8:30 PM.
Our Collaboration with Khan Academy
Capital One is supporting Khan Academy's free Financial Literacy course which breaks down complex financial concepts into a series of self-paced units. At Capital One, we believe that people deserve to feel confident, capable and in control when it comes to their money—and we know that financial literacy is one key to helping people achieve financial well-being. By supporting Khan Academy, a trusted leader in online learning, we are helping provide access to free, quality financial education so that all Americans can get one step closer to financial well-being.
Setting a world record with Financial Literacy
Join Capital One as we attempt to set a world record utilizing Khan Academy's financial literacy resources! The modules you will explore today include:
- Budgeting and Savings
- Buying a Car
- Paying for College
By participating in this challenge, you will start on your financial literacy journey, while also being
part of setting a GUINNESS WORLD RECORD® record title.
Hear below from Sal Khan why financial literacy is important and click the 'Continue to Instructions'
button to start your financial well-being journey.
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Budgeting & Savings
What Is a Budget?
A budget is a plan that helps you manage your money. It shows you how much money you have, how much money you need to spend on different things, and how much money you can save or use for other goals. A budget can help you make smart decisions with your money and avoid problems like overspending, debt, or running out of money.
Why Do I Need a Budget?
Money is a limited resource, and you probably aren't able to buy everything you want or need with the money you have. It's important to prioritize your expenses and choose what is most important for you and your family. A budget can help!
Now you know what the 50:30:20 rule is, here's how you can use it to help build your budget.
Why and How to Save
Saving money is very important for a number of reasons. First, it allows you to have a safety net in case of emergencies. For example, if you suddenly lose your job or have an unexpected medical bill, having money saved up can help you avoid falling into debt.
Another reason it's important to save money is so you can reach your goals. If you want to buy a car or a house, save for college, or travel to a new place, it often takes time to save up enough money to do those things. By saving regularly, you're taking steps towards achieving those goals.
Continue your financial literacy journey with Khan Academy.
