W3Schools

At this high school, students are taught how to become millionaires — while many of their parents don’t have bank accounts

To enter the five-story red brick building that houses the Olney Charter School, you have to walk through a metal detector. Once inside, you can’t go many feet without encountering yet another security guard. But also inside? You’ll find one of the most innovative financial literacy programs in any high school in the country.

In a north Philadelphia neighborhood where many parents don’t have a bank account, a teacher started a personal-finance program that not only teaches students the importance of budgeting, saving and investing, but also gives them the opportunity to get paid up to $5,000 a year, and to put that money into a bank account of their own.

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