Financial illiteracy may not sound like a prevailing social scourge to you. But the millions of people struggling under the weight of credit card debt, student loans, or poor financial decisions would argue otherwise.

At Wealthsimple, we believe in the democratization of wealth. The point of what we do is to bring smart investing to everyone, not just people with great connections or high net worth. And it's crucial to know how to solve those terrifying credit card bills or figure out how to pay for college if you ever want to have enough money to start investing for your future. We believe that having the basic financial tools to succeed in life is an inalienable right.

That's why we're excited to announce our partnership with Moneythink, a nonprofit that provides financial coaching to young adults. Since 2009, Moneythink has been mentoring and sponsoring workshops for students in low-income areas. Moneythink's mentors help teenagers with everything from establishing healthy saving habits to navigating the challenge of affording college tuition. By providing a curriculum and technology to help students spend mindfully, save money, and use financial products safely, the nonprofit has already improved the financial future of thousands of young Americans. It's work that made Moneythink a recipient of the White House Champions of Change award in 2012.

Open an account with as little as $1 through this promotion page and we'll make a $50 donation on your behalf to support them in their mission. And as a special bonus for being a good person, we'll give you up to $15,000 managed free for a year.

Go ahead, get started, be a genius with your money and feel good about yourself, too.

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