The web Browser you are currently using is unsupported, and some features of this site may not work as intended. Please update to a modern browser such as Chrome, Firefox or Edge to experience all features Michigan.gov has to offer.
Financial Literacy Basics
What is Financial Literacy? Financial Literacy is the education and understanding of knowing how money is made, spent, and saved, as well as the skills and ability to use financial resources to make decisions. These decisions include how to generate, invest, spend, and save money. Below are resources to help you get started so you can keep track of your spending, choose the right bank and type of account, look for ways to save and explore the Building MI Financial Future Financial Toolkit.