CHARLOTTE, N.C. - Bank of America and Khan Academy today announced a financial education collaboration that will provide both bank customers and non-customers alike free, self-paced, easy-to-understand resources to develop better money habits. These resources will be available on a new website, BetterMoneyHabits.com, which will incorporate educational content from Khan Academy and Bank of America and be promoted throughout Bank of America's vast network.
Bank of America and Khan Academy recognize that no matter where you are starting from, the best way to improve long-term financial success is by changing habits slowly, step by step. The online program allows consumers to learn at their own pace, from a teaching style that is casual and commercial-free.
"At Khan Academy, our mission is to provide a free, world-class education for anyone, anywhere, and we believe that financial understanding is now an economic imperative for all," said Sal Khan, founder, Khan Academy. "Partnering with Bank of America will help us reach a significantly larger group of people searching for unbiased information on personal finance and other topics we teach."
The relationship is part of a broader Bank of America initiative to help people understand how to make their money work harder.