Learn & Earn. It pays to learn about finances. Literally.
Kicking off National Financial Capability month, Altra Federal Credit Union is announcing their partnership with Zogo, a leading financial technology company, to provide a new way of learning about finances!
The Zogo app, developed by a group of Duke University students, guides teens and young adults through 450+ bite-sized financial education lessons on topics like savings, spending, managing your money, and more! By successfully answering questions and completing exercises, users accumulate pineapples (points) that can be redeemed for gift cards to their favorite stores, like Target, Amazon, and Walmart.
Teens and young adults have reported that they look to their parents for information about money. However, parents often feel unprepared to play this role. As an alternative, T. Rowe Price reports that 3 out of 4 parents think financial apps are a good way to teach about financial matters. Combined with research from Duke University behavioral scientists and a digital approach, Zogo works to engage the future generation.
“We’ve always been invested in providing the best resources for our members and the community to teach and learn about financial wellness,” says Danielle Anderson, Manager, Youth Strategies for Altra. “We’re proud to continue that by partnering with Zogo to provide an entertaining and engaging experience to earn while you learn”!
“Growing up, we didn’t have good experiences learning about personal finance,” added Bolun Li, CEO and co-founder of Zogo. “With Zogo, we wanted to create a financial education experience our peers would actually use. We are excited to partner with Altra Federal Credit Union to bring this vision to life.”
The Zogo app is now available at no cost on the Apple App Store and Google Play Store.
Use Altra’s exclusive access code: ALTRA to get started!
For more information and financial education resources, visit https://www.altra.org/digital/financial-education.