Walmart typically advertises ways to "take" our money – whether it’s the latest gadget, home goods or clothing.
But now Walmart is opening up a different conversation about money by way of financial literacy.
Walmart has teamed up with Khan Academy to offer a new, free financial literacy course for anyone – from associates to customers to community members.
Managing money is an essential life skill that many Americans don’t learn growing up, yet alone master. And Walmart said it recognizes the mental and physical toll that money stress can bring.
A poll from the American Psychological Association last fall found that money is an overwhelming source of stress for Americans, with 83% saying inflation was their source of stress.
Of that, more than half, 57%, indicated that having enough money to pay for day-to-day expenses was their main source of financial stress.
While these times are trying for anyone, knowing the basics of money management can help alleviate some stress.
Khan Academy’s virtual course offers articles, videos and exercises to master personal finance skills, which can help strengthen financial capabilities, reduce stress and make choices that lead to a healthier financial future, Walmart said in a blog post.
Several key financial topics are covered in this comprehensive training, including:
- Budgeting and saving
- Consumer credit
- Financial goals
- Loans and debt
- Investments and retirement
- Scams and fraud
- Careers and education
Walmart associates interested in taking the course can go to One.Walmart.com/FinancialLiteracy and select "Get Started" to take the course for free.
Community members can take the course for free at KhanAcademy.org.
This story was reported from Detroit.