What does the term “financial literacy” mean to you?
The dictionary defines financial literacy as the ability to understand and use various financial skills, which include personal financial management, budgeting, and investing. That may mean achieving the financial knowledge and resources to buy a new home or car, provide your children with a good education, or even save the money to go on that much-deserved vacation. One thing is certain, the earlier you start down the road to financial literacy, the better off you and your family will be because, when it comes to money, education is the key to success.
Santa Fe’s Del Norte Credit Union knows all about financial literacy and how important it is for families, especially for the youth of Santa Fe. DNCU makes lives better for Santa Fe families every day by helping families achieve their financial goals. Let’s see how Del Norte Credit Union can help your family.
The Key Takeaways of Financial Literacy
To live in today’s world, a smart relationship with your money is very important. When you become financially literate, you become less vulnerable to financial fraud, and it will help you achieve various life goals, such as saving for education or retirement, using debt responsibly, or operating a business. Unless you have an understanding of how money works in this world, your future can be very bleak.
DNCU Accounts for Kids and Teens
DNCU has accounts and resources for kids of all ages and offers a safe and secure financial home for all young people. Learning to save, maintain and manage a budget and a checking account, and understand a credit score are just some of the things Del Norte Credit Union helps children and teens learn every day. Baxter’s Bunch is a DNCU program for kids ages 12 and under where Baxter the Bear becomes your child’s first financial mentor and guide. The Score! Program, for teens ages 13-17, helps children in their formative years begin to form healthy financial habits. There’s also the Score Teen Credit Card, which helps teens ages 16 and older build a good credit history from an early age.
Financial Education
Del Norte Credit Union knows supporting financial literacy is more than good business—it’s about giving back. It’s about giving young people a gift that will last forever. That’s why DNCU partners with Banzai Schools to offer several programs for financial education. Banzai is a premium online financial literacy program that is provided free of charge to educators and students ages 8-18 in the communities served by Del Norte Credit Union. Banzai teaches students to navigate adult financial dilemmas with real-life scenarios.
Another financial education platform offered by Del Norte Credit Union is GreenPath Financial Wellness. The GreenPath program helps credit union members live financially healthy lives by giving them the tools to accomplish their individual financial goals and dreams.
Money Games
Online games are a great way for parents and their children to interact and learn financial responsibility. Parents and children can learn and play games like “The Payoff,” which teaches the basics of finance. There are other learning and teaching games that focus on using credit wisely, evaluating your finances, and how to use mobile banking, to name a few.
Del Norte Credit Union— Where the Smart Money Goes to Grow
Being financially literate is the pathway to achieving the American Dream. Del Norte Credit Union is here to help you along the way.
Visit Del Norte Credit Union today in Santa Fe.
Story sponsored by del Norte Credit Union
