5 champions of financial education

Meet five people who were chosen as Money Heroes because they believe in financial education for everyone -- from kids to retirees -- and help make it happen.

Making kids money-smart
Making kids money-smart
John Rogers, CEO of Ariel Investments, and Mellody Hobson, president of Ariel investments

Why they're heroes: Lots of folks talk about the need to teach kids financial literacy. Rogers, 54, and Hobson, 43, actually launched a school that does just that.

At Chicago's Ariel Community Academy -- just one of the pair's many educational projects targeted at children and minorities -- finance lessons start in kindergarten, and middle-schoolers manage real investment portfolios.

"Financial literacy is like a language. Learning is so much easier when kids start young and build up that knowledge year by year. By the time they get to high school, they're fluent," says Rogers.

Their current passions: Rogers, an esteemed value manager, chairs the President's Advisory Council on Financial Capability, creator of the new site MoneyAsYouGrow.org.

Hobson wants to widely share the academy's curriculum. "We think it will be groundbreaking," she says.

By Joan Caplin @Money - Last updated July 11 2012: 12:38 PM ET
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