Financial Literacy
Financial literacy programs can be highly beneficial, as it can help individuals acquire the knowledge and skills necessary to manage their finances effectively and avoid financial stressors that could lead to further challenges in their lives.
- Budgeting: Instructions on how to create a budget, including how to track income and expenses, prioritize spending, and manage debt.
- Banking and Savings: Guidance on how to open and manage a bank account, including how to save money, pay bills, and avoid fees.
- Credit and Debt: Discusses the basics of credit and debt, including how to establish and maintain good credit, how to manage debt responsibly, and how to avoid predatory lending practices.
- Taxes and Tax Credits: Instructions on how to file taxes, including how to claim tax credits and deductions that may be available to residents.
- Financial Planning: Guidance on financial planning, including how to set financial goals and plan for emergencies.
- Financial Literacy Resources: Access to additional financial literacy resources, such as books, online courses, and financial planning tools.