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Financial Empowerment 

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.

Basics and Planning

Cash, Debit and Credit

Knowing which payment method to use can be difficult. These tips can help you determine the option that best suits your needs.

Checking Accounts

A checking account is a service provided by financial institutions (banks, credit unions, etc.) which allows individuals and businesses to deposit money and withdraw funds from an account.

Choosing the Right Bank or Credit Union

How do I choose a bank or credit union?

Developing a Savings and Spending Plan

Many Americans carry some form of debt today, as they choose to buy now and pay later. These basic spending strategies can help you control the amount of debt you create.

Keeping a Money Diary

Do you seem to run out of money all the time? Do you buy on impulse? Do you find yourself short of cash and not sure just what you spent it on?


The mission of MiABLE is to encourage and assist the saving of private funds to help persons with disabilities cover costs that support their health, independence and quality of life.

MONEY SMART for Adults

A FDIC financial education program designed to help consumers enhance financial skills and create positive banking and financial service relationships. The curriculum consists of 14 modules that range in delivery time from 90 minutes to four hours for a total of 34 hours of on task instructional time to complete the program.

My Money and Me Video Series

The “My Money and Me” video series brings useful instruction on how to develop a more responsible and productive relationship with your money.

Savings Accounts

Savings accounts allow you to keep your money in a safe place while earning a small amount of interest each month.

Virtual Currency: What to Know

As virtual currencies are released into the marketplace, it is important for consumers and investors to educate themselves with accurate information to make informed decisions about this innovative and evolving industry.