Goalsetter is a free app that promotes family saving, financial literacy and smart spending, while engaging kids and adults of all ages and backgrounds in understanding how to build wealth and learn about personal finance through fun, quiz-based games.
In response to the alarming forecast that Black Americans will have a negative median net worth by 2053, Goalsetter is launching a movement to help one million Black kids open savings accounts. We’re encouraging our members to download the Goalsetter app to help YMCA of the USA introduce the families we serve to the Goalsetter app. In addition, Goalsetter is making a $1 donation to the Y for each family that signs up and opens a savings account for their child/children. Donations will support the Y’s community impact work.
What does the Goalsetter app include?
> Weekly fun financial literacy quizzes, powered by memes and gifs
> A Cashola Card, the Goalsetter tween and teen debit card backed by Mastercard
> Unique features like “Learn to Earn” that lets kids earn money for every financial literacy quiz question they get right, and “Learn Before you Burn” which automatically freezes kids’ debit cards if they don’t take their quiz for the week.
> Gifting functionality, which enables families to gift money towards kids’ goals via the Goalsetter app
Getting started is quick and easy!
Here’s what you’ll need to sign up:
> Goalsetter app (available for download on Android or iOS)
> Bank account number
> Social security number
