Charles Schwab Asks Teens to Take Savings Pledge, Make Change Count

According to a report from Packaged Facts, kids between the ages of 12 and 17 are expected to spend more than $200 billion in 2011 -- the folks at financial investment firm Charles Schwab, would like to see a chunk of that change pledged to savings. Literally.

In an effort to extend its MoneyWise financial literacy program, San Francisco, Calif.,-based Charles Schwab Foundation is encouraging teens to log on to its website to take part in the (free) Make Change Count Pledge, and commit to four personal steps: save money; spend wisely; plan for college; and share what they learn.