Wanting to help its members between the ages of 17-25 become more financially savvy, Pentagon Federal Credit Union and the PenFed Foundation have teamed up with MoneyU.
MoneyU, a self-paced financial education game, covers essential financial skills, such as understanding a cardholder agreement, comparing car loans, and creating a budget in a fun, interactive way. With widgets and simulations, users develop skills in just six to eight hours that would take 30 hours in a traditional classroom.
According to Christopher Flynn, president/CEO of the PenFed Foundation, the free new program simply helps reinforce the Rockville, Md.-based credit union's message that financial literacy is a priority for long term prosperity.
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