SCALE UP

Financial Empowerment is the process of increasing the ability of individuals or groups to make choices and to transform those choices into desired actions. Financial Literacy is the education and understanding of various financial areas. It focuses on the ability to manage personal finance matters in an efficient manner, and it includes the knowledge of making appropriate decisions about personal finance such as investing, insurance, real estate, paying for college, budgeting, retirement and tax planning. Personal Finance is the science of handling money. It involves all financial decisions and activities of an individual or household – the practices of earning, saving, investing and spending. Matters of personal finance include the purchasing of financial products, like credit cards, life and home insurance, mortgages and various investments.