How We Measure Impact and Drive Results!
Tracking Our Success and Empowering Future Generations
With the Wealth Wise Kids™ project, we’re dedicated to more than just teaching financial literacy — we’re committed to measuring how effective our program is in helping children of color and those in underserved communities build the financial knowledge that can lead to lasting change. Here's how we ensure our mission stays on track.
Why Measuring Matters
With the Wealth Wise Kids™ program, we believe that financial literacy is the key to empowering future generations and closing the racial wealth gap. But to truly know if we’re making a difference, we need more than passion—we need data. Our approach to measuring impact ensures that we are:
Tracking the progress of the children we serve.
Adapting and improving our educational methods.
Proving the effectiveness of our programs to communities, donors, and partners.
What We Track to Ensure Success
Our impact study follows children from the start of their financial literacy journey to years after they complete the program. Here’s what we’re measuring:
1. Financial Knowledge:
We test children’s understanding of essential financial concepts like saving, budgeting, and investing.
2. Behavioral Changes:
Do students apply the knowledge? Are they saving money, creating budgets, or talking about finances at home?
3. Long-Term Retention:
We track financial knowledge and habits 6 months, 1 year, and 2 years after completing the program to see what sticks and what needs reinforcement.
4. Community Impact:
How has financial literacy spread in families and the community? We study how families are adopting better financial practices as a result of their children's learning.
The Step-by-Step Approach to Measuring Impact
Our comprehensive study is built on data-driven methodologies, working in close partnership with schools, parents, and financial literacy experts. Here's how we collect and analyze data throughout the program:
1. Pre-Program Baseline:
Before the program starts, we assess children’s financial literacy levels to set a baseline for future comparison.
2. Weekly Progress Tracking:
During the program, students take short, interactive quizzes to measure their progress. We also engage with teachers and parents to observe how children apply financial concepts in real life.
3. Post-Program Assessment:
After the program ends, we reassess students' financial literacy to understand immediate knowledge gains.
4. Long-Term Monitoring:
We follow up with families at 6 months, 1 year, and 2 years to see how much financial knowledge has been retained and what behaviors have changed.
Our Vision for the Future
As we expand Wealth Wise Kids, we are committed to continually measuring our results to ensure that every child, no matter their background, has access to financial education that can set them on a path to success.
In the next few years, we plan to:
• Reach over 10,000 children in underserved communities across the country.​
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• Expand our curriculum to include topics like entrepreneurship, taxes, and long-term investing.​
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• Scale our partnerships with local schools and community organizations to further spread financial literacy.
Together, We Can Break the Cycle of Financial Inequality
At Wealth Wise Kids, our mission is to empower the next generation to succeed by giving them the tools to take charge of their financial futures. With your help, we can continue making a measurable difference in the lives of thousands of children. Let's build a future where financial literacy isn’t just a skill—it’s a right.