Recognizing the need for a fresh approach to financial education, Bank of America is leveraging our scale, scope, reach, and expertise to help consumers develop better money habits and strengthen their financial knowledge and understanding. A key component of this work is our partnership with Khan Academy, led by education innovator Sal Khan, to help make an historically difficult and intimidating topic – how to get people to understand finances and practice better money habits – more accessible and compelling.
This partnership includes the launch of BetterMoneyHabits.com, a web site which brings together Khan Academy’s accessible approach to online learning and Bank of America’s financial expertise. The videos, which explore a wide range of financial topics from “Strategies for paying down your debt” to ” Building credit and keeping yours healthy” to “How does a mortgage work?” deliver free and unbiased financial know-how to anyone, anywhere.
Our partnership with Khan Academy builds on our longstanding commitment to connecting people with the tools and information to make their financial lives better. This commitment also comes to life in all the ways our employees help our customers every day, as well as the expertise they share through volunteer efforts in our local communities.
Congratulations Bank of America!