Title: Measuring the Impact of Skegee Money $mart on Bridging the Financial Knowledge Gap of Collegiate Youths
Wednesday, November 15th, 2017
Students at Historically Black Colleges and Universities (HBCUs) have lower financial literacy than their peer groups. Skegee Money $mart (SM$) was designed and implemented to strengthen the financial capability of collegiate youths. The findings of SM$ financial literacy program reported positive changes in students' saving and spending behavior, overall money management habits, better money management tips, dealing with credit card, and debt management skills. The finding reveals that 60% of students were willing to work with their family members, friends, and colleagues to help them achieve their financial goals.