Financial Literacy
Financial literacy empowers individuals to make confident, informed decisions about their money by building a clear understanding of everyday financial concepts such as budgeting, saving, borrowing, investing, and long-term planning. It helps people set realistic financial goals, navigate life’s changes, and avoid costly mistakes, ultimately leading to greater security and independence. By strengthening financial knowledge and skills, financial literacy supports healthier financial habits and a more stable future for individuals, families, and communities.
National Teach Children to Save Day - April 23, 2026
Teach Children to Save Day is celebrated annually, focusing on teaching children essential financial skills, particularly the value of saving.
Teach Children to Save Day is an initiative aimed at promoting financial literacy among children, encouraging them to learn the importance of saving money.
Activities
Money Talks Newsletter
Spot the Banking Difference
Needs vs Wants
Savings Jar Wraps
Creating and Maintaining Good Credit
Good credit is an important financial tool. It can help you qualify for loans, secure lower interest rates, and even affect things like renting an apartment or setting up utility services. The good news is that credit can be built and maintained over time with consistent habits.
How to Create Credit
If you’re just getting started, building credit takes patience and smart choices:
- Start small – A starter credit card or small personal loan can help establish a credit history.
- Use credit responsibly – Only borrow what you can comfortably afford to repay.
- Make payments on time – Payment history is one of the biggest factors in your credit score.
How to Maintain Good Credit
Once you have established credit, keeping it in good shape is just as important:
- Pay all bills on time, every time – Late payments can have a negative impact.
- Keep balances low – Try not to use most of the credit you have available.
- Avoid applying for too much new credit at once – Multiple applications in a short period can lower your score.
- Review your credit reports regularly – Check for errors and signs of fraud.
Why Good Credit Matters
Maintaining good credit may help you:
- Qualify for lower interest rates
- Save money over time
- Have more financial flexibility
- Be better prepared for major life events like buying a car or home
Building and maintaining good credit doesn’t happen overnight, but with steady habits and informed decisions, it’s something anyone can achieve.
Helpful Credit Documents
The Credit Report: Your Financial Resume
Credit Score: Your Financial GPA
Identity Theft Prevention Tips